DFS Furniture (LON:DFS) Hits New 52-Week Low – Here’s What Happened

Shares of DFS Furniture plc (LON:DFS) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 124 and last traded at GBX 125.50, with a volume of 2017978 shares traded. The stock had previously closed at GBX 125.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Shore Capital Group restated a “no recommendation” rating on shares of DFS Furniture in a research note on Tuesday, January 20th. Berenberg Bank lowered their price objective on shares of DFS Furniture from GBX 247 to GBX 235 and set a “buy” rating for the company in a research note on Monday. Finally, Jefferies Financial Group dropped their price objective on shares of DFS Furniture from GBX 230 to GBX 210 and set a “buy” rating on the stock in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 222.50.

DFS Furniture Stock Performance

The stock has a market capitalization of £290.01 million, a PE ratio of 12.18, a PEG ratio of 0.56 and a beta of 1.26. The company has a quick ratio of 0.10, a current ratio of 0.27 and a debt-to-equity ratio of 150.97. The firm has a 50 day moving average price of GBX 183.22 and a 200-day moving average price of GBX 167.99.

DFS Furniture (LON:DFS) last released its earnings results on Thursday, March 19th. The company reported GBX 9.80 EPS for the quarter. DFS Furniture had a return on equity of 13.23% and a net margin of 3.27%. Research analysts expect that DFS Furniture plc will post 7.25545 EPS for the current fiscal year.

About DFS Furniture

DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.