DFS Furniture (LON:DFS) Shares Up 13.5% – Should You Buy?

DFS Furniture plc (LON:DFS) rose 13.5% during trading on Thursday . The company traded as high as GBX 150 ($1.94) and last traded at GBX 148.95 ($1.93). Approximately 305,413 shares traded hands during mid-day trading, an increase of 24% from the average daily volume of 246,420 shares. The stock had previously closed at GBX 131.20 ($1.70).

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on DFS shares. Berenberg Bank reissued a “buy” rating and set a GBX 185 ($2.39) target price on shares of DFS Furniture in a report on Monday, January 27th. Shore Capital reiterated a “not rated” rating on shares of DFS Furniture in a research note on Friday, November 22nd.

DFS Furniture Stock Up 0.4 %

The stock has a 50-day moving average of GBX 137.16 and a 200-day moving average of GBX 133.95. The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The firm has a market cap of £334.61 million, a price-to-earnings ratio of -77.75, a P/E/G ratio of 0.56 and a beta of 1.58.

DFS Furniture (LON:DFS) last released its earnings results on Thursday, March 13th. The company reported GBX 5.30 ($0.07) earnings per share (EPS) for the quarter. DFS Furniture had a negative return on equity of 1.90% and a negative net margin of 0.45%. Sell-side analysts predict that DFS Furniture plc will post 7.25545 EPS for the current fiscal year.

DFS Furniture Company Profile

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.