Dunelm Group (LON:DNLM) Stock Price Up 12.7% - Should You Buy?

Dunelm Group plc (LON:DNLM - Get Free Report)'s share price was up 12.7% on Friday . The stock traded as high as GBX 1,074 ($14.23) and last traded at GBX 1,068.64 ($14.16). 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 ($12.56).

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on DNLM shares. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a report on Thursday, April 17th. Canaccord Genuity Group restated a "buy" rating and set a GBX 1,270 ($16.83) price target on shares of Dunelm Group in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Dunelm Group currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,251 ($16.58).

Dunelm Group Trading Down 1.9 %

The firm has a market capitalization of £2.15 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm's 50-day simple moving average is GBX 950.71 and its 200-day simple moving average is GBX 1,039.36. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

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