Moonpig Group beats FY26 adjusted profit estimates, sets £65 mln buyback
Moonpig Group beats FY26 adjusted profit estimates, sets £65 mln buyback
Overview
UK online greeting cards platform's FY26 revenue rose 6.5%, slightly beating analyst expectations
Adjusted EBITDA and adjusted pretax profit for FY26 beat analyst expectations
Company completed £60 mln share buybacks in FY26
Outlook
Moonpig expects FY27 trading to remain in line with previous expectations
Company targets mid-to-high single digit percentage annual revenue growth for FY27
Moonpig plans up to £65 mln in share buybacks during FY27
Result Drivers
HIGHER AVERAGE ORDER VALUE - Co said customers traded up to higher-priced gifts, larger card formats, and used more tracked next-day delivery, driving a 5.7% rise in average order value
ACTIVE CUSTOMER GROWTH - Growth in active customers at both Moonpig and Greetz contributed to higher order volumes
PRODUCT RANGE EXPANSION - Expanded gifting partnerships and new product formats supported revenue growth and higher gift attachment rates
Company press release: ID:nRSY6538Ja
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Slight Beat* | GBP 373 mln | GBP 372.85 mln (11 Analysts) |
FY Adjusted EBITDA | Beat | GBP 104.60 mln | GBP 101.84 mln (11 Analysts) |
FY Gross Margin |
| 58.40% |
|
FY Adjusted Pretax Profit | Beat | GBP 76.50 mln | GBP 71.96 mln (10 Analysts) |
FY Adjusted EBITDA Margin |
| 28.00% |
|
FY Basic EPS |
| GBP 0.16 |
|
FY Gross Profit |
| GBP 218 mln |
|
FY Pretax Profit |
| GBP 68.90 mln |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for Moonpig Group PLC is GBp300.00, about 33.9% above its June 24 closing price of GBp224.00
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)