Card Factory plc Announces Dividend of GBX 1.20 (LON:CARD)

Card Factory plc (LON:CARD) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 1.20 ($0.02) per share on Wednesday, December 11th. This represents a yield of 0.84%. The ex-dividend date is Thursday, October 31st. The official announcement can be viewed at this link.

Card Factory Stock Performance

Shares of Card Factory stock opened at GBX 118 ($1.58) on Tuesday. The company has a debt-to-equity ratio of 46.23, a quick ratio of 0.20 and a current ratio of 0.60. Card Factory has a 1 year low of GBX 88.10 ($1.18) and a 1 year high of GBX 144.25 ($1.93). The firm’s 50-day simple moving average is GBX 122.40 and its 200-day simple moving average is GBX 105.80. The firm has a market cap of £410.18 million, a PE ratio of 862.86, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06.

Analysts Set New Price Targets

A number of research firms have commented on CARD. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 185 ($2.47) target price on shares of Card Factory in a report on Monday, July 8th. Berenberg Bank initiated coverage on shares of Card Factory in a report on Wednesday, July 3rd. They set a “buy” rating and a GBX 154 ($2.06) target price on the stock.

Card Factory Company Profile

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.