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

Dunelm Group plc (LON:DNLM) was up 12.7% 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 were traded 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 Upgrades and Downgrades

DNLM has been the subject of several recent analyst reports. Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research note on Thursday. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,270 ($16.89) price objective on shares of Dunelm Group in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,251 ($16.63).

Dunelm Group Stock Performance

The stock’s fifty day simple moving average is GBX 947.03 and its 200-day simple moving average is GBX 1,041.14. The company has a market capitalization of £2.16 billion, a PE ratio of 14.23, a PEG ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last posted 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 net margin of 8.86% and a return on equity of 96.64%. On average, research analysts predict that Dunelm Group plc will post 77.0957096 earnings per share 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.