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

Dunelm Group plc (LON:DNLM - Get Free Report)'s share price was up 12.7% during mid-day trading 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).

Analyst Ratings Changes

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

Dunelm Group Stock Performance

The business has a 50 day moving average price of GBX 950.71 and a 200 day moving average price of 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 stock has a market cap of £2.16 billion, a P/E ratio of 14.25, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM - Get Free Report) last issued its 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 expect 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.