Dunelm Group (LON:DNLM) Shares Up 12.7% – Time to Buy?

Dunelm Group plc (LON:DNLM)’s share price traded up 12.7% during mid-day trading on Friday . The company traded as high as GBX 1,074 ($14.28) and last traded at GBX 1,068.64 ($14.21). 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 ($12.60).

Wall Street Analyst Weigh In

DNLM has been the topic of several research reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($16.89) price target 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. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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 stock’s fifty day moving average is GBX 947.03 and its 200-day moving average is GBX 1,041.14. 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 released its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) 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 analysts anticipate 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.