Dunelm Group (LON:DNLM) Shares Up 12.7% – What’s Next?

Shares of Dunelm Group plc (LON:DNLM) 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 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 ($12.58).

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DNLM. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,270 ($16.85) price objective on shares of Dunelm Group in a research note 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. According to data from MarketBeat, Dunelm Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($16.49).

Dunelm Group Price Performance

The stock has a 50-day moving average price of GBX 945.11 and a two-hundred day moving average price 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. The stock has a market cap of £2.16 billion, a price-to-earnings ratio of 14.23, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last posted 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 forecast that Dunelm Group plc will post 77.0957096 EPS for the current 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.