Key Points
- Insider purchase: Ajay Kavan bought 3,302 Dunelm Group shares at GBX 753 each, for a total investment of approximately £24,864.
- Stock performance and fundamentals: Dunelm shares opened at GBX 754.50, well below their 52-week high of GBX 1,174. The company reported quarterly EPS of GBX 77, an 8.52% net margin and a 99.65% return on equity.
- Analyst outlook remains positive: Eight analysts rate the stock Buy versus one Sell, producing a consensus “Moderate Buy” rating and an average price target of GBX 1,111.11, despite several recent target-price reductions.
Dunelm Group plc (LON:DNLM - Get Free Report) insider Ajay Kavan purchased 3,302 shares of the business's stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of GBX 753 per share, with a total value of £24,864.06.
Dunelm Group Price Performance
Dunelm Group stock opened at GBX 754.50 on Thursday. The firm has a market capitalization of £1.52 billion, a PE ratio of 10.27, a P/E/G ratio of -10.32 and a beta of 0.97. Dunelm Group plc has a 52 week low of GBX 707 and a 52 week high of GBX 1,174. The firm's 50-day simple moving average is GBX 853.24 and its 200 day simple moving average is GBX 823.70. 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 - Get Free Report) last posted its earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. On average, equities research analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their target price on Dunelm Group from GBX 1,050 to GBX 1,000 and set a "buy" rating on the stock in a research note on Wednesday, September 9th. Shore Capital Group reissued a "buy" rating and issued a GBX 1,000 price target on shares of Dunelm Group in a report on Tuesday, September 8th. Berenberg Bank reissued a "buy" rating and issued a GBX 1,200 price target on shares of Dunelm Group in a report on Wednesday, September 9th. Canaccord Genuity Group decreased their price objective on Dunelm Group from GBX 1,240 to GBX 1,185 and set a "buy" rating on the stock in a research note on Thursday, September 10th. Finally, JPMorgan Chase & Co. dropped their price objective on Dunelm Group from GBX 1,225 to GBX 1,050 and set an "overweight" rating for the company in a research report on Wednesday, September 9th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,111.11.
Read Our Latest Research Report on Dunelm Group
About Dunelm Group
(
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
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
