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

Dunelm Group plc (LON:DNLM) shares were up 12.7% on Friday . The stock traded as high as GBX 1,074 ($14.28) and last traded at GBX 1,068.64 ($14.21). Approximately 894,765 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.60).

Analyst Upgrades and Downgrades

DNLM has been the topic of a number of recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,270 ($16.89) price target on shares of Dunelm Group in a research report on Tuesday, February 11th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday. Two 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.com, Dunelm Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,251 ($16.63).

Dunelm Group Price Performance

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

Dunelm Group (LON:DNLM) last released its 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, sell-side analysts anticipate that Dunelm Group plc will post 77.0957096 EPS 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.