Go Pro

Moonpig Group (LON:MOON) Sets New 1-Year High - What's Next?

Moonpig Group logo with Consumer Cyclical background
Image from MarketBeat Media, LLC.

Key Points

  • Moonpig Group shares hit a new 52-week high, trading as high as GBX 274 before finishing around GBX 265.59 on Thursday.
  • Analyst sentiment remains mostly positive, with six Buy ratings and one Hold; the consensus target price is about GBX 299.29.
  • The company also announced a share buyback program, which can signal management believes the stock is undervalued.
  • Five stocks we like better than Moonpig Group.

Moonpig Group PLC (LON:MOON - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 274 and last traded at GBX 265.59, with a volume of 17958 shares. The stock had previously closed at GBX 267.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 235 target price on shares of Moonpig Group in a research report on Friday, June 26th. Canaccord Genuity Group decreased their price objective on shares of Moonpig Group from GBX 310 to GBX 300 and set a "buy" rating for the company in a research note on Friday, June 26th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 315 price objective on shares of Moonpig Group in a report on Thursday, June 25th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 300 target price on shares of Moonpig Group in a research report on Thursday, June 25th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 299.29.

Check Out Our Latest Stock Analysis on MOON

Moonpig Group Trading Down 0.4%

The business's 50-day moving average price is GBX 231.88 and its 200-day moving average price is GBX 219.17. The firm has a market capitalization of £790.26 million, a PE ratio of 17.04 and a beta of 0.95. The company has a debt-to-equity ratio of -216.13, a current ratio of 0.21 and a quick ratio of 0.46.

Moonpig Group announced that its Board of Directors has authorized a share buyback program on Thursday, May 7th that allows the company to buyback 0 shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

About Moonpig Group

(Get Free Report)

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences. The Moonpig brand also operates in Ireland, Australia and the United States. The Group's leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Moonpig Group Right Now?

Before you consider Moonpig Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Moonpig Group wasn't on the list.

While Moonpig Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines