DFS Furniture (LON:DFS) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Key Points

• DFS Furniture's stock price dropped below its 50-day moving average during trading, indicating potential volatility, with prices reaching a low of GBX 151.50 ($2.03).
• Analysts have a consensus rating of "Buy" for DFS Furniture, with price objectives increased by Berenberg Bank and Jefferies Financial Group to GBX 241 and GBX 200, respectively.
• The company reported a negative net margin of 0.45% and a PE ratio of 1,514.56, signaling ongoing challenges despite being the leading sofa retail specialist in the UK.

DFS Furniture plc (LON:DFS - Get Free Report)'s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 153.08 ($2.06) and traded as low as GBX 151.50 ($2.03). DFS Furniture shares last traded at GBX 156 ($2.09), with a volume of 285,091 shares traded.

Wall Street Analyst Weigh In

DFS has been the topic of several recent research reports. Berenberg Bank upped their price objective on DFS Furniture from GBX 233 to GBX 241 and gave the stock a "buy" rating in a report on Thursday, September 25th. Jefferies Financial Group increased their price objective on shares of DFS Furniture from GBX 190 to GBX 200 and gave the company a "buy" rating in a research report on Thursday, October 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 220.50.

DFS Furniture Stock Up 0.6%

The company has a market cap of £359.87 million, a PE ratio of 1,514.56, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The company has a fifty day moving average of GBX 153.08 and a two-hundred day moving average of GBX 155.19. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35.

DFS Furniture (LON:DFS - Get Free Report) last posted its quarterly earnings data on Monday, September 29th. The company reported GBX 9.20 EPS for the quarter. DFS Furniture had a negative net margin of 0.45% and a negative return on equity of 1.90%. As a group, analysts anticipate that DFS Furniture plc will post 7.25545 earnings per share for the current fiscal year.

DFS Furniture Company Profile

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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