Dunelm Group plc (LON:DNLM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Dunelm Group plc (LON:DNLM) have been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 1,216.67.

DNLM has been the topic of a number of recent research reports. Berenberg Bank lowered their target price on Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research note on Friday, January 16th. Panmure Gordon reduced their price target on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating for the company in a research note on Monday, January 19th. Jefferies Financial Group raised Dunelm Group to a “buy” rating and set a GBX 1,075 price objective on the stock in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research report on Friday, January 16th. Finally, Shore Capital Group dropped their target price on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a report on Tuesday, January 27th.

Insider Buying and Selling

In other Dunelm Group news, insider Luisa Wright acquired 2,442 shares of the company’s stock in a transaction on Friday, February 13th. The stock was acquired at an average price of GBX 963 per share, for a total transaction of £23,516.46. Corporate insiders own 34.13% of the company’s stock.

Dunelm Group Stock Up 0.5%

Shares of DNLM opened at GBX 867.50 on Friday. Dunelm Group has a 52 week low of GBX 836.61 and a 52 week high of GBX 1,249. The firm has a market cap of £1.75 billion, a P/E ratio of 11.80, a price-to-earnings-growth ratio of -10.32 and a beta of 0.92. The firm’s 50-day simple moving average is GBX 981.27 and its 200 day simple moving average is GBX 1,073. 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) last issued its quarterly earnings data 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%. On average, analysts forecast that Dunelm Group will post 77.0957096 earnings per share for the current year.

About Dunelm Group

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.