DFS Furniture (LON:DFS) Reaches New 12-Month High – Here’s What Happened

by · The Cerbat Gem

DFS Furniture plc (LON:DFS – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 148.60 ($1.93) and last traded at GBX 141 ($1.83), with a volume of 31448 shares traded. The stock had previously closed at GBX 142 ($1.84).

Analyst Ratings Changes

Several equities analysts recently weighed in on DFS shares. Berenberg Bank restated a “buy” rating and set a GBX 185 ($2.40) target price on shares of DFS Furniture in a report on Monday, January 27th. Shore Capital reaffirmed a “not rated” rating on shares of DFS Furniture in a research report on Friday, November 22nd.

Read Our Latest Stock Analysis on DFS

DFS Furniture Price Performance

The business’s 50 day moving average price is GBX 137.58 and its 200-day moving average price is GBX 134.43. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The company has a market cap of £316.28 million, a PE ratio of -73.49, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.

DFS Furniture (LON:DFS – Get Free Report) last released its quarterly 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 net margin of 0.45% and a negative return on equity of 1.90%. As a group, analysts forecast that DFS Furniture plc will post 7.25545 earnings per share for the current year.

DFS Furniture Company Profile

(Get Free Report)

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.

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