Insider Buying: Dunelm Group (LON:DNLM) Insider Purchases £23,516.46 in Stock

Dunelm Group plc (LON:DNLM) insider Luisa Wright purchased 2,442 shares of the business’s stock in a transaction on Friday, February 13th. The shares were acquired at an average price of GBX 963 per share, for a total transaction of £23,516.46.

Dunelm Group Stock Performance

DNLM opened at GBX 973.96 on Thursday. The company has a market cap of £1.97 billion, a price-to-earnings ratio of 12.68, a PEG ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. Dunelm Group plc has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,249. The company’s fifty day moving average price is GBX 1,037.56 and its two-hundred day moving average price is GBX 1,102.46.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, February 10th. The company reported GBX 42 EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, analysts expect that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DNLM shares. Shore Capital Group lowered their target price on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. JPMorgan Chase & Co. increased their price objective on Dunelm Group from GBX 1,140 to GBX 1,240 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Panmure Gordon reduced their target price 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. Jefferies Financial Group raised Dunelm Group to a “buy” rating and set a GBX 1,075 price target on the stock in a report on Monday, February 9th. Finally, Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and boosted their price objective for the stock from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Seven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,216.67.

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.