Card Factory (LON:CARD) Announces Earnings Results

Key Points

• Card Factory reported earnings of GBX 2.80 per share for the latest quarter, with a net margin of 7.79% and a return on equity of 13.00%.
• The company's shares opened at GBX 101.20 and have a market cap of £355.50 million, with a price-to-earnings ratio of 738.69.
• Insider Darcy Willson Rymer purchased 52,370 shares at an average cost of GBX 95, indicating confidence in the company's future performance.

Card Factory (LON:CARD - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported GBX 2.80 earnings per share for the quarter, Digital Look Earnings reports. Card Factory had a net margin of 7.79% and a return on equity of 13.00%.

Card Factory Price Performance

Shares of CARD opened at GBX 101.20 on Tuesday. The company has a market cap of £355.50 million, a price-to-earnings ratio of 738.69, a PEG ratio of 0.84 and a beta of 2.06. Card Factory has a 1-year low of GBX 73 and a 1-year high of GBX 115.70. The company's fifty day simple moving average is GBX 103.19 and its 200 day simple moving average is GBX 95.12. The company has a current ratio of 1.10, a quick ratio of 0.20 and a debt-to-equity ratio of 39.13.

Wall Street Analyst Weigh In

CARD has been the topic of a number of research reports. Berenberg Bank reissued a "buy" rating and issued a GBX 150 price objective on shares of Card Factory in a research report on Tuesday, July 29th. Peel Hunt reissued a "hold" rating and issued a GBX 110 price objective on shares of Card Factory in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Card Factory currently has a consensus rating of "Moderate Buy" and an average price target of GBX 130.

Insiders Place Their Bets

In other news, insider Darcy Willson Rymer bought 52,370 shares of the stock in a transaction that occurred on Tuesday, July 29th. The shares were acquired at an average cost of GBX 95 per share, for a total transaction of £49,751.50. Insiders own 4.41% of the company's stock.

About Card Factory

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.

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