Dunelm Group (LON:DNLM) Trading 12.7% Higher – Still a Buy?

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on DNLM. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,270 ($16.89) price target on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Two equities 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, Dunelm Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,251 ($16.63).

Dunelm Group Price Performance

The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The firm has a market capitalization of £2.16 billion, a price-to-earnings ratio of 14.23, a PEG ratio of -10.32 and a beta of 1.18. The stock has a 50 day moving average price of GBX 947.03 and a two-hundred day moving average price of GBX 1,041.14.

Dunelm Group (LON:DNLM) last released its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, analysts expect 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.