Dunelm Group (LON:DNLM) Stock Price Up 12.7% – What’s Next?

Dunelm Group plc (LON:DNLM)’s stock price shot up 12.7% on Friday . The stock traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). 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 ($12.58).

Wall Street Analysts Forecast Growth

DNLM has been the topic of a number of analyst reports. Shore Capital restated 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 ($16.85) price objective on shares of Dunelm Group in a report on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($16.49).

Dunelm Group Stock Performance

The firm has a 50-day moving average price of GBX 945.11 and a 200 day moving average price of GBX 1,042.47. 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 firm has a market capitalization of £2.16 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

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%. Research 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.