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DFS Furniture (LON:DFS) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

DFS Furniture logo with Consumer Cyclical background
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DFS Furniture plc (LON:DFS - Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 146.11 and traded as low as GBX 120.50. DFS Furniture shares last traded at GBX 120.50, with a volume of 118,054 shares.

Wall Street Analysts Forecast Growth

DFS has been the subject of a number of recent research reports. Shore Capital Group reissued a "buy" rating on shares of DFS Furniture in a report on Tuesday, March 31st. Jefferies Financial Group decreased their price objective on DFS Furniture from GBX 230 to GBX 210 and set a "buy" rating for the company in a report on Monday, March 23rd. Finally, Berenberg Bank decreased their price objective on DFS Furniture from GBX 247 to GBX 235 and set a "buy" rating for the company in a report on Monday, March 23rd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 222.50.

Check Out Our Latest Stock Report on DFS

DFS Furniture Trading Up 5.8%

The company has a market capitalization of £294.63 million, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 0.56 and a beta of 1.47. The company has a debt-to-equity ratio of 150.97, a current ratio of 0.27 and a quick ratio of 0.10. The firm has a fifty day moving average price of GBX 146.11 and a 200-day moving average price of GBX 162.98.

DFS Furniture (LON:DFS - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported GBX 9.80 earnings per share for the quarter. DFS Furniture had a return on equity of 13.23% and a net margin of 3.27%. On average, equities research analysts anticipate that DFS Furniture plc will post 7.25545 earnings per share for the current year.

DFS Furniture Company Profile

(Get Free Report)

DFS Group is the leading sofa retail specialist in the UK and since 1969 we've been passionate about making and selling high quality, great looking sofas.

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