Dunelm Group (LON:DNLM) Shares Up 12.7% - Here's What Happened

Dunelm Group plc (LON:DNLM - Get Free Report)'s share price traded up 12.7% during mid-day trading on Friday . The stock traded as high as GBX 1,074 ($14.23) and last traded at GBX 1,068.64 ($14.16). 894,765 shares traded hands during trading, an increase of 2% from the average session volume of 873,135 shares. The stock had previously closed at GBX 948 ($12.56).

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a research note on Thursday, April 17th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 1,270 ($16.83) target price on shares of Dunelm Group in a report on Tuesday, February 11th. Two investment 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 stock has an average rating of "Moderate Buy" and an average price target of GBX 1,251 ($16.58).

Dunelm Group Price Performance

The company's 50 day simple moving average is GBX 950.71 and its 200 day simple moving average is GBX 1,039.36. 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 capitalization of £2.16 billion, a PE ratio of 14.25, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM - Get Free Report) last released its 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%. On average, equities analysts anticipate that Dunelm Group plc will post 77.0957096 earnings per share for the current 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.