DFS Furniture (LON:DFS) Stock Passes Above 50-Day Moving Average – Time to Sell?

DFS Furniture plc (LON:DFS)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 156.94 and traded as high as GBX 159.50. DFS Furniture shares last traded at GBX 157.50, with a volume of 145,173 shares trading hands.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Jefferies Financial Group raised their target price on shares of DFS Furniture from GBX 190 to GBX 200 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Berenberg Bank raised their price objective on shares of DFS Furniture from GBX 233 to GBX 241 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 220.50.

DFS Furniture Stock Performance

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 stock’s 50-day moving average price is GBX 156.94 and its 200-day moving average price is GBX 159.59. The company has a market cap of £363.96 million, a P/E ratio of 15.29, a PEG ratio of 0.56 and a beta of 1.58.

DFS Furniture (LON:DFS) last released its quarterly earnings results on Monday, September 29th. The company reported GBX 9.20 EPS for the quarter. DFS Furniture had a negative net margin of 0.45% and a negative return on equity of 1.90%. Equities analysts anticipate that DFS Furniture plc will post 7.25545 EPS for the current year.

Insider Buying and Selling at DFS Furniture

In related news, insider Tony Buffin purchased 2,898 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average cost of GBX 156 per share, for a total transaction of £4,520.88. Insiders own 38.94% of the company’s stock.

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.