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

Dunelm Group plc (LON:DNLM)’s share price shot up 12.7% during 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 were traded during mid-day trading, an increase of 2% from the average session volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.60).

Analyst Ratings Changes

A number of analysts have recently issued reports on DNLM shares. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a report on Thursday. Canaccord Genuity Group reissued a “buy” rating and issued 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 assigned a buy rating to the company. According to data from MarketBeat.com, Dunelm Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,251 ($16.63).

Dunelm Group Trading Up 12.7 %

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

Dunelm Group (LON:DNLM) last posted its 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%. Equities research 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.