Dunelm Group (LON:DNLM) Stock Price Up 12.5% – Still a Buy?

Dunelm Group plc (LON:DNLM)’s stock price rose 12.5% on Thursday . The company traded as high as GBX 1,074 ($14.22) and last traded at GBX 1,066.13 ($14.11). Approximately 850,305 shares traded hands during trading, a decline of 3% from the average daily volume of 872,550 shares. The stock had previously closed at GBX 948 ($12.55).

Analysts Set New Price Targets

DNLM has been the subject of several recent analyst reports. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($16.81) price target on shares of Dunelm Group in a research note on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($16.45).

Dunelm Group Trading Up 12.7 %

The firm has a market capitalization of £2.16 billion, a PE ratio of 14.23, 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. The firm’s fifty day moving average is GBX 943.16 and its two-hundred day moving average is GBX 1,042.29.

Dunelm Group (LON:DNLM) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. On average, equities 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.