Moonpig Group (MOON)

Sector:

Retailers

Index:

FTSE 250

379.20p
   
  • Change Today:
      6.00p
  • 52 Week High: 488.40
  • 52 Week Low: 365.00
  • Currency: UK Pounds
  • Shares Issued: 342.11m
  • Volume: 228,536
  • Market Cap: £1,297.29m

Peel Hunt downgrades Moonpig after results

By Michele Maatouk

Date: Tuesday 27 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Peel Hunt downgraded its stance on shares of Moonpig to 'hold' from 'buy' on Tuesday after the company's prelims, and put the 500p price target under review.
The broker said it was always highly likely that Moonpig's prelims would look good, which turned out to be the case.

"We believed that sales would likely double in FY21 and indeed they are up by 113%, with EBITDA up by 125%. However, this was pretty much pre-announced so the eyes go to the outlook statement.

"Management is stating that performance so far in FY22 has been 'moderately' ahead of expectations: frequency is moderating and the expectation is for sales of £250-260m for this year (in line with consensus, but we had broken ranks and were on about £300m).

"This would still be a good year, but it seems like we have been over eager with our numbers and our EBITDA number (£74m) will probably come back into the pack as well."

Peel said Moonpig is a highly impressive company, but without an upgrade the shares look fairly unlikely to keep moving, hence the downgrade.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Moonpig Group Market Data

Currency UK Pounds
Share Price 379.20p
Change Today 6.00p
% Change 1.61 %
52 Week High 488.40
52 Week Low 365.00
Volume 228,536
Shares Issued 342.11m
Market Cap £1,297.29m

Moonpig Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
10.2% below the sector average10.2% below the sector average10.2% below the sector average10.2% below the sector average10.2% below the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
67.27% below the sector average67.27% below the sector average67.27% below the sector average67.27% below the sector average67.27% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average

Moonpig Group Dividends

No dividends found

Trades for 21-Sep-2021

Time Volume / Share Price
16:35 95,202 @ 379.20p
16:29 1 @ 379.59p
16:28 7 @ 379.40p
16:28 13 @ 379.40p
16:28 13 @ 379.40p

Moonpig Group Key Personnel

CEO Nickyl Raithatha
CFO Andy MacKinnon

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