Dunelm Group (LON:DNLM) Trading Up 12.7% – Should You Buy?

Shares of Dunelm Group plc (LON:DNLM) rose 12.7% 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 were traded 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 research firms have issued reports on DNLM. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,270 ($16.81) price objective on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 1,242.50 ($16.45).

Dunelm Group Trading Up 12.7 %

The company has a fifty day simple moving average of GBX 943.16 and a two-hundred day simple moving average of GBX 1,042.29. The company has a market cap of £2.16 billion, a PE ratio of 14.23, a P/E/G 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.

Dunelm Group (LON:DNLM) last issued 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 return on equity of 96.64% and a net margin of 8.86%. Analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current 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.