Dunelm Group (LON:DNLM) Trading Up 12.7% - Time to Buy?

Dunelm Group plc (LON:DNLM - Get Free Report) shares were up 12.7% during trading on Friday . The company traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). Approximately 894,765 shares changed hands during trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.58).

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Shore Capital reissued a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 1,270 ($16.85) price objective on shares of Dunelm Group in a research report on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,251 ($16.60).

Dunelm Group Trading Down 1.5 %

The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The stock has a market capitalization of £2.16 billion, a price-to-earnings ratio of 14.25, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The business has a 50 day simple moving average of GBX 951.81 and a 200-day simple moving average of GBX 1,039.58.

Dunelm Group (LON:DNLM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, equities analysts predict that Dunelm Group plc will post 77.0957096 earnings per share 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.