Dunelm Group’s (DNLM) “Buy” Rating Reiterated at Shore Capital Group

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital Group in a report released on Friday, September 18th, MarketBeat.com reports. They currently have a GBX 1,000 target price on the stock. Shore Capital Group’s price objective points to a potential upside of 27.06% from the stock’s current price.

Several other analysts have also recently commented on the stock. Berenberg Bank restated a “buy” rating and set a GBX 1,200 price objective on shares of Dunelm Group in a research note on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a research report on Wednesday, September 9th. JPMorgan Chase & Co. decreased their target price on shares of Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating for the company in a research note on Wednesday, September 9th. Finally, Canaccord Genuity Group dropped their price target on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,111.11.

Dunelm Group Stock Up 1.5%

Shares of LON:DNLM opened at GBX 787 on Friday. The business’s 50 day moving average is GBX 848.65 and its 200 day moving average is GBX 815.76. The stock has a market cap of £1.59 billion, a P/E ratio of 10.71, a price-to-earnings-growth ratio of -10.32 and a beta of 0.97. Dunelm Group has a 52-week low of GBX 707 and a 52-week high of GBX 1,174. The company has a quick ratio of 0.16, a current ratio of 1.02 and a debt-to-equity ratio of 258.52.

Dunelm Group (LON:DNLM) last issued its quarterly earnings data on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. Sell-side analysts predict that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Transactions at Dunelm Group

In related news, insider Ajay Kavan acquired 3,302 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was bought at an average price of GBX 753 per share, with a total value of £24,864.06. Also, insider Ian Bull acquired 2,500 shares of Dunelm Group stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average cost of GBX 748 per share, for a total transaction of £18,700. Insiders acquired 18,302 shares of company stock worth $13,633,906 over the last quarter. Insiders own 34.19% 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.