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

Dunelm Group plc (LON:DNLM - Get Free Report)'s stock price rose 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 traded 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

Several brokerages have recently commented on DNLM. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,270 ($16.83) target price on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a research report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 1,251 ($16.58).

Dunelm Group Stock Performance

The company's 50-day moving average is GBX 950.71 and its two-hundred day 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. The company has a market cap 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 issued 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 predict that Dunelm Group plc will post 77.0957096 EPS 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.