Key Points
- Insider purchase: Dunelm Group insider Ajay Kavan bought 3,947 shares on May 11 at an average price of GBX 756, totaling about £29,839.
- Stock weakness: DNLM was trading down 2.4% at GBX 724, which is near its 52-week low and well below both its 50-day and 200-day moving averages.
- Analyst outlook: Wall Street-style coverage remains mixed but mostly positive, with seven Buy ratings and a consensus price target of GBX 1,199.44, though some firms have cut targets or issued a Sell rating.
Dunelm Group plc (LON:DNLM - Get Free Report) insider Ajay Kavan bought 3,947 shares of the stock in a transaction on Monday, May 11th. The stock was purchased at an average cost of GBX 756 per share, with a total value of £29,839.32.
Dunelm Group Trading Down 2.4%
DNLM opened at GBX 724 on Wednesday. The firm's fifty day moving average is GBX 825.95 and its two-hundred day moving average is GBX 980.42. The firm has a market cap of £1.46 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of -10.32 and a beta of 0.96. Dunelm Group plc has a twelve month low of GBX 724 and a twelve month high of GBX 1,249. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83.
Dunelm Group (LON:DNLM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. Equities research analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current year.
Analyst Ratings Changes
DNLM has been the subject of a number of research analyst reports. Shore Capital Group reissued a "buy" rating on shares of Dunelm Group in a research note on Thursday, April 16th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,075 price objective on shares of Dunelm Group in a report on Thursday, April 16th. Panmure Gordon decreased their price objective 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. Deutsche Bank Aktiengesellschaft lowered their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a "buy" rating for the company in a research note on Friday, January 16th. Finally, Canaccord Genuity Group cut their price target on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a "buy" rating on the stock in a research note on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,199.44.
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Dunelm Group Company Profile
(
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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.
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