Dunelm Group (LON:DNLM) Trading 12.7% Higher – Time to Buy?

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

Analyst Ratings Changes

DNLM has been the topic of several analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,270 ($16.89) price target on shares of Dunelm Group in a research note on Tuesday, February 11th. Shore Capital reiterated 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,251 ($16.63).

Dunelm Group Stock Performance

The company has a market cap of £2.16 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth 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. The stock’s fifty day simple moving average is GBX 947.03 and its two-hundred day simple moving average is GBX 1,041.14.

Dunelm Group (LON:DNLM) last announced its quarterly 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%. Equities research analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current 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.