Dunelm Group (LON:DNLM) Stock Price Up 12.7% – What’s Next?

Dunelm Group plc (LON:DNLM)’s stock price shot up 12.7% on Friday . The company traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). 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 ($12.58).

Analysts Set New Price Targets

A number of analysts recently commented on DNLM shares. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,270 ($16.85) price target on shares of Dunelm Group in a 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($16.49).

Dunelm Group Price Performance

The company has a 50-day moving average of GBX 945.11 and a 200-day moving average of GBX 1,042.47. The stock 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. 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 quarterly earnings data 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 research analysts expect 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.