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

Shares of Dunelm Group plc (LON:DNLM) have been given a consensus rating of “Moderate Buy” by the nine analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 1,216.67.

Several brokerages have recently commented on DNLM. Panmure Gordon decreased their target price on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research report on Monday, January 19th. Berenberg Bank dropped their price target on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research report on Friday, January 16th. Jefferies Financial Group upgraded Dunelm Group to a “buy” rating and set a GBX 1,075 price objective for the company in a research report on Monday, February 9th. Shore Capital Group lowered their target price on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a report on Friday, January 16th.

Dunelm Group Stock Performance

Dunelm Group stock opened at GBX 992.50 on Tuesday. Dunelm Group has a fifty-two week low of GBX 836.61 and a fifty-two week high of GBX 1,249. The firm’s 50 day simple moving average is GBX 1,030.12 and its 200-day simple moving average is GBX 1,096.73. 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 cap of £2.01 billion, a P/E ratio of 12.92, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last posted its quarterly earnings data on Tuesday, February 10th. The company reported GBX 42 EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. As a group, equities research analysts predict that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Activity at Dunelm Group

In other news, insider Karen Witts bought 10,790 shares of the company’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of GBX 1,104 per share, with a total value of £119,121.60. Also, insider Luisa Wright purchased 2,442 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were purchased at an average cost of GBX 963 per share, with a total value of £23,516.46. 34.15% of the stock is currently owned by corporate insiders.

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.