Dunelm Group (LON:DNLM) Stock Price Up 12.7% – Still a Buy?

Dunelm Group plc (LON:DNLM)’s stock price rose 12.7% during mid-day trading on Friday . The company traded as high as GBX 1,074 ($14.28) and last traded at GBX 1,068.64 ($14.21). Approximately 894,765 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.60).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DNLM shares. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,270 ($16.89) price target on shares of Dunelm Group in a research note on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($16.52).

Dunelm Group Price Performance

The stock has a market cap of £2.16 billion, a P/E ratio of 14.23, a PEG ratio of -10.32 and a beta of 1.18. The company has a 50 day simple moving average of GBX 945.11 and a 200 day simple moving average of GBX 1,042.47. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last announced its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Sell-side analysts forecast that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

Dunelm Group Company Profile

Dunelm is the UK’s market leader in homewares with a purpose ‘to help create the joy of truly feeling at home, now and for generations to come’. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.