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

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

Wall Street Analysts Forecast Growth

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

Dunelm Group Stock 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 company has a market capitalization of £2.16 billion, a price-to-earnings ratio of 14.25, a PEG ratio of -10.32 and a beta of 1.18. The firm has a 50-day moving average price of GBX 950.71 and a two-hundred day moving average price of GBX 1,039.36.

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