Dunelm Group (LON:DNLM) Shares Up 12.7% - Here's What Happened

Shares of Dunelm Group plc (LON:DNLM - Get Free Report) 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 were traded 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).

Analysts Set New Price Targets

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

Dunelm Group Trading Down 1.5 %

The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The business's 50-day moving average is GBX 950.71 and its 200 day moving average is GBX 1,039.36. The firm has a market capitalization of £2.16 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings results 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%. As a group, analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current fiscal 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.