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

Dunelm Group plc (LON:DNLM)’s stock price rose 12.7% on Friday . The stock traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). Approximately 894,765 shares changed hands 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 ($12.58).

Wall Street Analyst Weigh In

DNLM has been the subject of a number of research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,270 ($16.85) price target on shares of Dunelm Group in a research report on Tuesday, February 11th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research note on Thursday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($16.49).

Dunelm Group Stock Performance

The firm has a market cap of £2.16 billion, a PE ratio of 14.23, a price-to-earnings-growth 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 debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16.

Dunelm Group (LON:DNLM) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. As a group, equities research analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current 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.