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

Dunelm Group plc (LON:DNLM) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,397.13.

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,140 to GBX 1,240 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft lifted their price objective on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Royal Bank Of Canada upgraded Dunelm Group to an “outperform” rating and upped their price objective for the company from GBX 1,200 to GBX 1,300 in a report on Monday, November 3rd. Jefferies Financial Group raised their target price on Dunelm Group from GBX 1,755 to GBX 1,817 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Finally, UBS Group restated a “buy” rating and set a GBX 1,360 target price on shares of Dunelm Group in a research report on Friday, October 17th.

Insider Activity

In related news, insider Luisa Wright sold 2,257 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of GBX 1,121, for a total value of £25,300.97. Also, insider Karen Witts acquired 10,790 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average cost of GBX 1,104 per share, for a total transaction of £119,121.60. Over the last three months, insiders bought 17,790 shares of company stock worth $20,056,160 and sold 61,854 shares worth $70,913,541. Corporate insiders own 39.14% of the company’s stock.

Dunelm Group Price Performance

Shares of DNLM stock opened at GBX 1,129 on Thursday. The firm has a market cap of £2.27 billion, a price-to-earnings ratio of 14.70, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,249. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The stock has a 50-day moving average price of GBX 1,118.36 and a 200 day moving average price of GBX 1,153.30.

Dunelm Group (LON:DNLM) last issued its earnings results on Tuesday, September 9th. The company reported GBX 77.20 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Research analysts expect that Dunelm Group will post 77.0957096 EPS 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.