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

Dunelm Group plc (LON:DNLM) has been assigned an average rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 1,216.67.

A number of brokerages have recently weighed in on DNLM. Jefferies Financial Group raised shares of Dunelm Group to a “buy” rating and set a GBX 1,075 price target on the stock in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of 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. Panmure Gordon reduced their price target on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research report on Monday, January 19th. Shore Capital Group reduced their price target on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Finally, Berenberg Bank reduced their price target on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating on the stock in a research report on Friday, January 16th.

Dunelm Group Trading Up 5.2%

Shares of LON DNLM opened at GBX 842.50 on Wednesday. The company’s fifty day moving average is GBX 901.97 and its 200-day moving average is GBX 1,032.06. The stock has a market cap of £1.70 billion, a price-to-earnings ratio of 11.46, a P/E/G ratio of -10.32 and a beta of 1.03. Dunelm Group has a twelve month low of GBX 770 and a twelve month high of GBX 1,249. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79.

Dunelm Group (LON:DNLM) last announced its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. Equities research analysts predict that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Buying and Selling

In related news, insider Luisa Wright acquired 2,442 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of GBX 963 per share, with a total value of £23,516.46. Corporate insiders own 34.13% of the company’s stock.

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.