Dunelm Group (LON:DNLM) Trading 12.7% Higher – Here’s What Happened

Dunelm Group plc (LON:DNLM) traded 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). 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

Several analysts have recently commented on the company. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report 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 analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 1,251 ($16.63).

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 stock’s 50 day moving average price is GBX 947.03 and its two-hundred day moving average price is GBX 1,041.14. The firm has a market capitalization of £2.16 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last issued 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%. Analysts anticipate that Dunelm Group plc will post 77.0957096 EPS 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.