Dunelm Group (LON:DNLM) Shares Up 12.7% - Time to Buy?

Dunelm Group plc (LON:DNLM - Get Free Report) shot 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). 894,765 shares were traded during trading, an increase of 2% from the average session volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.56).

Analyst Ratings Changes

A number of brokerages have commented on DNLM. Shore Capital reissued a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 1,270 ($16.83) price objective on shares of Dunelm Group in a research report on Tuesday, February 11th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,251 ($16.58).

Dunelm Group Stock Down 1.9 %

The stock has a 50 day simple moving average of GBX 950.71 and a 200-day simple moving average of GBX 1,039.36. The firm has a market cap 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 debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16.

Dunelm Group (LON:DNLM - Get Free Report) last issued its 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%. Sell-side analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current fiscal 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.