Key Points
- Insider Ian Bull purchased 2,500 Dunelm shares at GBX 748 each, investing approximately £18,700 as the stock traded near recent lows.
- Dunelm shares were up 2.1% at GBX 749.50, while the company reported quarterly EPS of GBX 77 and maintained an 8.52% net margin.
- Analysts remain broadly positive, with a consensus “Moderate Buy” rating and average target of GBX 1,111.11, although several firms recently lowered their price targets.
Dunelm Group plc (LON:DNLM - Get Free Report) insider Ian Bull bought 2,500 shares of the company's stock in a transaction dated Wednesday, September 9th. The stock was bought at an average cost of GBX 748 per share, with a total value of £18,700.
Dunelm Group Trading Up 2.1%
Shares of DNLM opened at GBX 749.50 on Friday. Dunelm Group plc has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. The firm's 50-day moving average price is GBX 856.05 and its 200-day moving average price is GBX 830.22. The firm has a market capitalization of £1.51 billion, a price-to-earnings ratio of 10.20, a PEG ratio of -10.32 and a beta of 0.97.
Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. Sell-side analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current year.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on DNLM. Berenberg Bank reissued a "buy" rating and issued a GBX 1,200 target price on shares of Dunelm Group in a research report on Wednesday. Shore Capital Group reaffirmed a "buy" rating and issued a GBX 1,000 price target on shares of Dunelm Group in a research note on Tuesday. JPMorgan Chase & Co. decreased their price objective on Dunelm Group from GBX 1,225 to GBX 1,050 and set an "overweight" rating for the company in a report on Wednesday. Canaccord Genuity Group decreased their price objective on Dunelm Group from GBX 1,240 to GBX 1,185 and set a "buy" rating for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Dunelm Group from GBX 1,050 to GBX 1,000 and set a "buy" rating for the company in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 1,111.11.
View Our Latest Research Report on Dunelm Group
Key Stories Impacting Dunelm Group
Here are the key news stories impacting Dunelm Group this week:
- Positive Sentiment: Non-executive director Alison Brittain purchased 10,000 shares for approximately £73,200 at an average price of GBX 732. The sizable purchase may signal confidence that the recent share-price weakness has created an attractive entry point.
- Positive Sentiment: Non-executive director Ian Bull acquired 2,500 shares for £18,700 at GBX 748, further aligning senior insiders with shareholders. Dunelm Non-Executive Director Ian Bull Increases Personal Stake With Share Purchase
- Positive Sentiment: Analysts continue to support the stock: Canaccord Genuity retained a “buy” rating with a GBX 1,185 target, Shore Capital reaffirmed “buy,” and Berenberg maintained “buy” with a GBX 1,200 target. These targets remain well above the recent trading level. Shore Capital Reaffirms Buy Rating for Dunelm Group
- Neutral Sentiment: Dunelm received a consensus analyst rating of “Moderate Buy,” indicating that positive recommendations still outweigh negative views, although conviction is not uniformly strong. Dunelm Group Given Consensus Rating of Moderate Buy
- Negative Sentiment: Canaccord cut its target from GBX 1,240 to GBX 1,185, while Deutsche Bank reduced its target from GBX 1,050 to GBX 1,000 and JPMorgan lowered its target from GBX 1,225 to GBX 1,050. Although all retained positive ratings, the reductions point to more measured expectations for Dunelm’s growth or valuation.
Dunelm Group Company Profile
(
Get Free Report)
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.
Further Reading
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