Dunelm Group plc (LON:DNLM) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Dunelm Group plc (LON:DNLM) have been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,216.67.

A number of analysts have recently commented on DNLM shares. Deutsche Bank Aktiengesellschaft cut their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research report on Friday, January 16th. Jefferies Financial Group raised Dunelm Group to a “buy” rating and set a GBX 1,075 price target on the stock in a research report on Monday, February 9th. JPMorgan Chase & Co. boosted their price objective on Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Berenberg Bank decreased their price objective on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Shore Capital Group cut their target price on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a report on Tuesday, January 27th.

Dunelm Group Trading Up 0.7%

LON DNLM opened at GBX 973.18 on Tuesday. The firm’s fifty day moving average price is GBX 1,042.77 and its 200 day moving average price is GBX 1,104.94. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,249. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The company has a market capitalization of £1.97 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last announced its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, sell-side analysts expect that Dunelm Group will post 77.0957096 earnings per share for the current fiscal year.

Insider Buying and Selling at Dunelm Group

In related news, insider Luisa Wright purchased 2,442 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were purchased at an average price of GBX 963 per share, with a total value of £23,516.46. Also, insider Karen Witts purchased 10,790 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average price of GBX 1,104 per share, for a total transaction of £119,121.60. Company insiders own 34.15% of the company’s stock.

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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.