Dunelm Group (LON:DNLM) Trading 12.7% Higher – Should You Buy?

Dunelm Group plc (LON:DNLM)’s stock price was up 12.7% during mid-day trading on Thursday . The stock traded as high as GBX 1,074 ($14.22) and last traded at GBX 1,068.64 ($14.14). Approximately 894,765 shares were traded during trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.55).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research report on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,270 ($16.81) target price 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 issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($16.45).

Dunelm Group Stock Performance

The stock has a market capitalization of £2.16 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The stock’s 50-day simple moving average is GBX 943.16 and its 200 day simple moving average is GBX 1,042.29. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) EPS for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Analysts expect that Dunelm Group plc will post 77.0957096 earnings per share 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.