Dunelm Group (LON:DNLM) Stock Price Up 12.7% – Time to Buy?

Dunelm Group plc (LON:DNLM)’s stock price rose 12.7% during trading on Thursday . The stock traded as high as GBX 1,074 ($14.22) and last traded at GBX 1,068.64 ($14.14). Approximately 894,765 shares changed hands during trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.55).

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DNLM. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,270 ($16.81) target price on shares of Dunelm Group in a research report on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($16.45).

Dunelm Group Trading Up 12.7 %

The stock has a market cap 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 current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The firm has a fifty day simple moving average of GBX 943.16 and a two-hundred day simple moving average of GBX 1,042.29.

Dunelm Group (LON:DNLM) last announced 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%. As a group, equities analysts expect 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.