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

DFS Furniture logo with Consumer Cyclical background
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Key Points

  • Price action: DFS shares fell below their 50‑day moving average (50‑day MA GBX 151.43), trading as low as GBX 127.50 and last at GBX 128 on volume of 512,470.
  • Analyst view: Three analysts rate the stock a "Buy" with an average target of GBX 222.50, though Berenberg and Jefferies recently trimmed targets to GBX 235 and GBX 210 respectively.
  • Financial profile: The company has a market cap of £295.79m and a P/E of 8.53 but carries very high leverage (debt‑to‑equity 150.97) and weak liquidity (quick ratio 0.10, current ratio 0.27), signalling balance‑sheet risk despite a low valuation.
  • MarketBeat previews top five stocks to own in May.

DFS Furniture plc (LON:DFS - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 151.43 and traded as low as GBX 127.50. DFS Furniture shares last traded at GBX 128, with a volume of 512,470 shares traded.

Analysts Set New Price Targets

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

Get Our Latest Analysis on DFS

DFS Furniture Stock Performance

The company has a debt-to-equity ratio of 150.97, a quick ratio of 0.10 and a current ratio of 0.27. The firm has a market capitalization of £295.79 million, a price-to-earnings ratio of 8.53, a P/E/G ratio of 0.56 and a beta of 1.47. The company has a 50 day moving average price of GBX 151.43 and a two-hundred day moving average price of GBX 163.97.

DFS Furniture (LON:DFS - Get Free Report) last announced its earnings results 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, research analysts forecast that DFS Furniture plc will post 7.25545 EPS 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.

See Also

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