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

Dunelm Group plc (LON:DNLM - Get Free Report) shot up 12.7% during mid-day trading on Friday . The company traded as high as GBX 1,074 ($14.23) and last traded at GBX 1,068.64 ($14.16). 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 ($12.56).

Wall Street Analyst Weigh In

DNLM has been the subject of several recent analyst reports. Canaccord Genuity Group reaffirmed 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 note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 1,251 ($16.58).

Dunelm Group Stock Performance

The company has a market capitalization of £2.15 billion, a PE ratio of 14.18, a PEG ratio of -10.32 and a beta of 1.18. 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 business has a 50 day simple moving average of GBX 950.71 and a 200 day simple moving average of GBX 1,039.36.

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 for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Equities research analysts predict 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.