Key Points
- Insider buying: Dunelm Group insider Katharine Poulter purchased 2,500 shares at GBX 783 each, totaling £19,575.
- Stock performance: Shares opened at GBX 782 and were up 0.9%, with the company valued at approximately £1.58 billion. The stock has traded between GBX 707 and GBX 1,174 over the past year.
- Analyst outlook: Dunelm has a consensus “Moderate Buy” rating from analysts, with eight Buy ratings, one Sell rating, and an average price target of GBX 1,111.11.
Dunelm Group plc (LON:DNLM - Get Free Report) insider Katharine Poulter bought 2,500 shares of the firm's stock in a transaction on Thursday, September 24th. The shares were bought at an average cost of GBX 783 per share, for a total transaction of £19,575.
Dunelm Group Stock Up 0.9%
Shares of LON:DNLM opened at GBX 782 on Friday. The company has a fifty day moving average of GBX 846.77 and a 200-day moving average of GBX 815.53. The company has a market capitalization of £1.58 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of -10.32 and a beta of 0.97. The company has a debt-to-equity ratio of 258.52, a quick ratio of 0.16 and a current ratio of 1.02. Dunelm Group plc has a 52-week low of GBX 707 and a 52-week high of GBX 1,174.
Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings data on Tuesday, September 8th. The company reported GBX 77 earnings per share for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. On average, equities analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Dunelm Group from GBX 1,225 to GBX 1,050 and set an "overweight" rating on the stock in a research note on Wednesday, September 9th. Shore Capital Group reaffirmed a "buy" rating and issued a GBX 1,000 price objective on shares of Dunelm Group in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Dunelm Group from GBX 1,050 to GBX 1,000 and set a "buy" rating for the company in a report on Wednesday, September 9th. Berenberg Bank reiterated a "buy" rating and set a GBX 1,200 target price on shares of Dunelm Group in a research report on Wednesday, September 9th. Finally, Canaccord Genuity Group reduced their target price on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a "buy" rating on the stock in a report on Thursday, September 10th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Dunelm Group currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,111.11.
Get Our Latest Analysis on Dunelm Group
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
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].
