Moonpig Group’s Employee Benefit Trust Acquires Shares to Support Employee Incentives

The latest announcement is out from Moonpig Group Plc ( (GB:MOON) ).

Moonpig Group plc announced that its Employee Benefit Trust (EBT) purchased 820,000 ordinary shares at £2.2123 per share, representing about 0.24% of the company’s issued share capital. This move is intended to support the company’s employee share schemes, with executive directors and employees as potential beneficiaries, indicating a commitment to employee incentives and retention.

The most recent analyst rating on (GB:MOON) stock is a Buy with a £265.00 price target. To see the full list of analyst forecasts on Moonpig Group Plc stock, see the GB:MOON Stock Forecast page.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s overall stock score reflects strong cash flow performance and strategic share buybacks that help address high debt levels and negative equity. Positive market momentum and effective financial strategies support the stock, but poor valuation metrics and significant financial risks limit the score. Continued focus on capital structure improvement and operational efficiency will be essential for future performance.

To see Spark’s full report on GB:MOON stock, click here.

More about Moonpig Group Plc

Moonpig Group plc is a leading online greeting cards and gifting platform, operating the Moonpig, Red Letter Days, and Buyagift brands in the UK, and the Greetz brand in the Netherlands. The Group is the market leader in online cards in both regions and leads the UK market in gift experiences. It offers a wide range of cards and gifts with personalisation and next-day delivery options, leveraging proprietary technology and data science to enhance customer experience and scalability.

Average Trading Volume: 1,251,172

Technical Sentiment Signal: Hold

Current Market Cap: £728M

See more insights into MOON stock on TipRanks’ Stock Analysis page.