Currys (LON:CURY) Sets New 1-Year High – What’s Next?

Currys plc (LON:CURY) hit a new 52-week high on Tuesday . The company traded as high as GBX 147.80 and last traded at GBX 147.80, with a volume of 2082156 shares traded. The stock had previously closed at GBX 145.

Currys News Roundup

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Buy/Watchlist coverage increased focus on the stock — a Yahoo Finance piece highlighted Currys as a potential watchlist addition, which can draw retail and momentum investors. Should You Be Adding Currys (LON:CURY) To Your Watchlist Today?
• Neutral Sentiment: Valuation and earnings signals — Currys trades at a moderate PE (12.74) with analysts forecasting roughly 9.52 EPS for the current year; the stock sits above its 50‑ and 200‑day moving averages, which is technically positive but may already be priced in.
• Negative Sentiment: Fundamental/volume cautions — liquidity metrics are weak (current ratio ~0.86, quick ratio ~0.29) and debt/equity is elevated (~45.8%), while net margin is low (~2.4%); today’s volume is below the 30‑day average, which can make rallies less durable and increase downside risk on profit‑taking.

Wall Street Analyst Weigh In

Several research firms recently commented on CURY. Berenberg Bank increased their price objective on Currys from GBX 210 to GBX 215 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Shore Capital reiterated a “no recommendation” rating on shares of Currys in a research note on Wednesday, January 21st. Finally, Citigroup boosted their price objective on shares of Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 170.33.

Currys Price Performance

The company has a market capitalization of £1.56 billion, a P/E ratio of 12.74 and a beta of 1.31. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. The firm’s 50-day moving average is GBX 129.60 and its 200-day moving average is GBX 128.08.

Currys (LON:CURY) last issued its quarterly earnings results on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. Analysts predict that Currys plc will post 9.5199569 EPS for the current fiscal year.

About Currys

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.