Dunelm Group (LON:DNLM) Posts Earnings Results

Dunelm Group (LON:DNLM) released its earnings results on Tuesday. The company reported GBX 45.20 ($0.56) earnings per share for the quarter, Digital Look Earnings reports. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%.

Dunelm Group Stock Up 1.4 %

Shares of LON DNLM traded up GBX 14 ($0.17) during mid-day trading on Thursday, reaching GBX 993.50 ($12.37). The company had a trading volume of 579,798 shares, compared to its average volume of 954,272. 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 company has a market capitalization of £2.01 billion, a price-to-earnings ratio of 1,342.57, a PEG ratio of -10.32 and a beta of 1.18. The stock has a fifty day moving average of GBX 1,030.40 and a two-hundred day moving average of GBX 1,130.85. Dunelm Group has a 12-month low of GBX 924.04 ($11.50) and a 12-month high of GBX 1,279 ($15.92).

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DNLM. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,325 ($16.49) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.80) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,270 ($15.81) price objective on shares of Dunelm Group in a report on Tuesday. Finally, Shore Capital restated a “not rated” rating on shares of Dunelm Group in a report on Tuesday. Three 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 company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($15.47).

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.