Dunelm Group (LON:DNLM) Issues Quarterly Earnings Results

Dunelm Group (LON:DNLM) posted its earnings results 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 96.64%.

Dunelm Group Trading Up 2.4 %

Shares of LON:DNLM traded up GBX 23.50 ($0.29) during midday trading on Thursday, reaching GBX 1,003 ($12.48). The company’s stock had a trading volume of 273,746 shares, compared to its average volume of 944,400. Dunelm Group has a fifty-two week low of GBX 924.04 ($11.50) and a fifty-two week high of GBX 1,279 ($15.92). The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The firm has a 50 day moving average price of GBX 1,030.40 and a two-hundred day moving average price of GBX 1,130.85. The firm has a market capitalization of £2.02 billion, a price-to-earnings ratio of 13.35, a PEG ratio of -10.32 and a beta of 1.18.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DNLM. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($16.49) price objective on shares of Dunelm Group in a research note on Thursday, October 24th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,430 ($17.80) target price on shares of Dunelm Group in a report on Thursday, December 5th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($15.81) price target on shares of Dunelm Group in a research note on Tuesday. 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 given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.