Dunelm Group (LON:DNLM) Posts Earnings Results

Dunelm Group (LON:DNLM) announced its quarterly earnings results on Tuesday. The company reported GBX 45.20 ($0.56) earnings per share (EPS) 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 Trading Up 1.4 %

Shares of DNLM traded up GBX 14 ($0.17) during trading hours on Thursday, hitting GBX 993.50 ($12.37). The stock had a trading volume of 579,798 shares, compared to its average volume of 954,272. The company’s fifty day simple moving average is GBX 1,030.40 and its 200 day simple moving average is 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). 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 firm has a market cap of £2.01 billion, a P/E ratio of 1,342.57, a P/E/G ratio of -10.32 and a beta of 1.18.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DNLM. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,430 ($17.80) price target on shares of Dunelm Group in a research note on Thursday, December 5th. Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research report on Tuesday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,270 ($15.81) price target on shares of Dunelm Group in a research report on Tuesday. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($16.49) price objective on shares of Dunelm Group in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Dunelm Group currently has an average rating of “Moderate Buy” and an average 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.