Dunelm Group (LON:DNLM) Stock Price Up 12.7% - Here's Why

Dunelm Group plc (LON:DNLM - Get Free Report)'s stock price rose 12.7% during mid-day trading on Friday . The company traded as high as GBX 1,074 ($14.25) and last traded at GBX 1,068.64 ($14.18). 894,765 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.58).

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DNLM shares. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a report on Thursday, April 17th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 1,270 ($16.85) price objective on shares of Dunelm Group in a research report on Tuesday, February 11th. Two 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 stock has an average rating of "Moderate Buy" and a consensus price target of GBX 1,251 ($16.60).

Dunelm Group Price Performance

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 company's fifty day simple moving average is GBX 951.81 and its 200-day simple moving average is GBX 1,039.58. The stock has a market cap of £2.16 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. As a group, sell-side analysts forecast that Dunelm Group plc will post 77.0957096 EPS 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.