Dunelm Group (LON:DNLM) Trading 12.7% Higher – Here’s What Happened

Dunelm Group plc (LON:DNLM) shares were up 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 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

Several analysts have commented on DNLM shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($16.85) target price on shares of Dunelm Group in a research report on Tuesday, February 11th. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a report on Thursday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 1,242.50 ($16.49).

Dunelm Group Trading Up 12.7 %

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

Dunelm Group (LON:DNLM) last issued its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) EPS for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Research analysts predict that Dunelm Group plc will post 77.0957096 EPS 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.