Dunelm Group (LON:DNLM) Releases Earnings Results

Dunelm Group (LON:DNLM) posted its quarterly earnings data on Tuesday. The company reported GBX 45.20 ($0.56) earnings per share for the quarter, Digital Look Earnings reports. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%.

Dunelm Group Price Performance

Shares of LON:DNLM opened at GBX 987 ($12.29) on Wednesday. Dunelm Group has a 1-year low of GBX 924.04 ($11.51) and a 1-year high of GBX 1,279 ($15.93). The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The stock has a market cap of £2.00 billion, a PE ratio of 1,333.78, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The stock’s fifty day simple moving average is GBX 1,037.35 and its two-hundred day simple moving average is GBX 1,134.21.

Analysts Set New Price Targets

Several research firms have recently weighed in on DNLM. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($15.81) price objective on shares of Dunelm Group in a research report on Tuesday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($16.50) price objective on shares of Dunelm Group in a research note on Thursday, October 24th. Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($17.81) target price on shares of Dunelm Group in a research note on Thursday, December 5th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a research note on Tuesday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($15.47).

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.