Dunelm Group (LON:DNLM) Shares Up 12.7% – Should You Buy?

Dunelm Group plc (LON:DNLM) shares were up 12.7% during mid-day trading on Friday . The company traded as high as GBX 1,074 ($14.28) and last traded at GBX 1,068.64 ($14.21). Approximately 894,765 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.60).

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,270 ($16.89) price objective on shares of Dunelm Group in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,251 ($16.63).

Dunelm Group Stock Performance

The firm has a market cap of £2.16 billion, a P/E ratio of 14.23, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The business’s fifty day simple moving average is GBX 947.03 and its 200-day simple moving average is GBX 1,041.14. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last announced its quarterly 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 return on equity of 96.64% and a net margin of 8.86%. As a group, sell-side analysts expect that Dunelm Group plc will post 77.0957096 earnings per share 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.