Dunelm Group (LON:DNLM) Trading 12.7% Higher – What’s Next?

Dunelm Group plc (LON:DNLM) shot up 12.7% during mid-day trading 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 changed 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

A number of research analysts recently issued reports on DNLM shares. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research note on Thursday. Canaccord Genuity Group reiterated 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. Two investment 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,251 ($16.63).

Dunelm Group Stock Performance

The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The firm has a market cap of £2.16 billion, a P/E ratio of 14.23, a P/E/G ratio of -10.32 and a beta of 1.18. The company’s 50 day moving average is GBX 947.03 and its 200 day moving average is GBX 1,041.14.

Dunelm Group (LON:DNLM) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) EPS for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, equities analysts predict that Dunelm Group plc will post 77.0957096 earnings per share 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.