Dunelm Group (LON:DNLM) Releases Quarterly Earnings Results

Dunelm Group (LON:DNLM) issued its quarterly earnings data on Tuesday. The company reported GBX 45.20 ($0.56) earnings per share (EPS) 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, hitting 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. The business’s 50 day moving average is GBX 1,030.40 and its two-hundred day moving average is GBX 1,130.85. Dunelm Group has a 12-month low of GBX 924.04 ($11.50) and a 12-month high of GBX 1,279 ($15.92). 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 firm has a market cap of £2.02 billion, a P/E ratio of 13.35, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Tuesday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,270 ($15.81) price target on shares of Dunelm Group in a research note on Tuesday. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,325 ($16.49) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.80) target price on shares of Dunelm Group in a report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.