Added to YB: 2026-03-20
Pitch date: 2026-03-18
MOON.L [neutral]
Moonpig Group PLC
+24.42%
current return
Author Info
Convex Bets is an ex-L/S equity analyst generalist focused on US equities, with 5+ years of experience, mainly in short selling. Sign up for the newsletter.
Company Info
Moonpig Group PLC, together with its subsidiaries, operates as a data and technology platform for online greeting cards and gifting in the United Kingdom, the Netherlands, Ireland, Australia, and the United States.
Market Cap
GBP 825.3M
Pitch Price
GBP 2.21
Price Target
N/A
Dividend
1.34%
EV/EBITDA
10.00
P/E
17.87
EV/Sales
2.50
Sector
Specialty Retail
Category
growth
$MOON.L Trading Update
MOON.L (update): Reaffirmed HSD Moonpig rev growth, LSD Greetz, MSD Experiences decline (better than expected). MSD aEBITDA growth (+7.6% H1), 8-12% adj EPS growth maintained. £65M new buyback announced after completing £60M. 1.1x leverage vs 1.0x prior. Mgmt conservatively guiding; GM tailwinds from in-sourcing + automation should drive ~8% aEBITDA vs MSD guide. Buyback signals no M&A pivot risk.
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