Dunelm Group (LON:DNLM) Trading 12.7% Higher – What’s Next?

Dunelm Group plc (LON:DNLM) shares traded up 12.7% during trading on Friday . The stock traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). 894,765 shares traded hands during trading, an increase of 2% from the average session volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.58).

Analyst Upgrades and Downgrades

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

Dunelm Group Price Performance

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’s fifty day moving average is GBX 945.11 and its 200 day moving average is GBX 1,042.47. The stock 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.

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

About Dunelm Group

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.