Dunelm Group plc (LON:DNLM) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Dunelm Group plc (LON:DNLM) have been assigned an average rating of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,111.11.

DNLM has been the subject of several recent research reports. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a report on Friday, September 18th. Berenberg Bank reissued a “buy” rating and set a GBX 1,200 price objective on shares of Dunelm Group in a research note on Wednesday, September 9th. JPMorgan Chase & Co. lowered their price objective 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. Canaccord Genuity Group dropped their target price on Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a report on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research note on Wednesday, September 9th.

Dunelm Group Stock Up 2.0%

Shares of LON DNLM opened at GBX 796.50 on Wednesday. The stock has a market cap of £1.61 billion, a PE ratio of 10.37, a P/E/G ratio of -10.32 and a beta of 0.97. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. Dunelm Group has a 12-month low of GBX 707 and a 12-month high of GBX 1,174. The company has a 50-day moving average of GBX 835.38 and a 200 day moving average of GBX 810.65.

Dunelm Group (LON:DNLM) last released 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%. As a group, sell-side analysts predict that Dunelm Group will post 77.0957096 EPS for the current fiscal year.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Clodagh Moriarty sold 47,817 shares of Dunelm Group stock in a transaction dated Monday, September 28th. The shares were sold at an average price of GBX 800, for a total transaction of £382,536. Also, insider Katharine Poulter bought 2,500 shares of the firm’s stock in a transaction on Thursday, September 24th. The stock was purchased at an average price of GBX 783 per share, for a total transaction of £19,575. Insiders have bought a total of 18,302 shares of company stock valued at $13,633,906 in the last three months. 34.19% of the stock is currently owned by corporate insiders.

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.