Cake Box (LON:CBOX) Trading 0.3% Higher - Still a Buy?

Key Points

• Cake Box Holdings Plc shares increased by 0.3%, trading at GBX 198 ($2.67) with volume decreasing to approximately 33,423 shares, significantly down from the average daily volume.
• Analysts have a consensus rating of "Buy" for Cake Box, with a price target of GBX 220, as indicated by a report from Shore Capital.
• The company's recent earnings report showed a 10.90 EPS with a 25.44% return on equity and anticipates a fiscal year EPS of 11.10.

Cake Box Holdings Plc (LON:CBOX - Get Free Report)'s share price rose 0.3% on Friday . The company traded as high as GBX 205 ($2.76) and last traded at GBX 198 ($2.67). Approximately 33,423 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 73,286 shares. The stock had previously closed at GBX 197.50 ($2.66).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "house stock" rating on shares of Cake Box in a report on Tuesday, July 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Cake Box presently has a consensus rating of "Buy" and a consensus price target of GBX 220.

Cake Box Price Performance

The business has a 50-day moving average of GBX 204.04 and a 200 day moving average of GBX 190.48. The company has a current ratio of 2.50, a quick ratio of 1.99 and a debt-to-equity ratio of 18.51. The firm has a market capitalization of £87.12 million, a PE ratio of 1,862.65 and a beta of 1.19.

Cake Box (LON:CBOX - Get Free Report) last announced its quarterly earnings results on Tuesday, July 15th. The company reported GBX 10.90 earnings per share for the quarter. Cake Box had a return on equity of 25.44% and a net margin of 12.31%. As a group, research analysts anticipate that Cake Box Holdings Plc will post 11.1000004 EPS for the current fiscal year.

About Cake Box

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream celebration cakes in the United Kingdom. The company sells cakes, cupcakes, cheesecakes, and treats; and party accessories, including balloons and candles. It also engages in the franchising of specialist cake stores; and property rental activities.

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