Dunelm Group (LON:DNLM) Receives “Buy” Rating from Shore Capital

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research note issued on Thursday,London Stock Exchange reports.

A number of other research firms also recently weighed in on DNLM. JPMorgan Chase & Co. increased their price target on 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. UBS Group restated a “buy” rating and set a GBX 1,360 target price on shares of Dunelm Group in a report on Friday, October 17th. Royal Bank Of Canada raised Dunelm Group to an “outperform” rating and upped their price target for the company from GBX 1,200 to GBX 1,300 in a research note on Monday, November 3rd. Finally, Jefferies Financial Group lifted their price objective on shares of Dunelm Group from GBX 1,755 to GBX 1,817 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,397.13.

Dunelm Group Trading Down 19.5%

Shares of LON DNLM traded down GBX 228.50 during mid-day trading on Thursday, hitting GBX 941.50. The company’s stock had a trading volume of 3,357,217 shares, compared to its average volume of 1,072,808. Dunelm Group has a one year low of GBX 836.61 and a one year high of GBX 1,249. The company’s fifty day simple moving average is GBX 1,117.28 and its 200-day simple moving average is GBX 1,142.28. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The stock has a market cap of £1.90 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Activity at Dunelm Group

In related news, insider Luisa Wright sold 2,257 shares of Dunelm Group stock in a transaction dated Monday, November 10th. The shares were sold at an average price of GBX 1,121, for a total transaction of £25,300.97. Also, insider Karen Witts bought 10,790 shares of Dunelm Group stock in a transaction that occurred on Monday, December 1st. The shares were bought at an average cost of GBX 1,104 per share, with a total value of £119,121.60. In the last three months, insiders bought 17,790 shares of company stock valued at $20,056,160 and sold 61,854 shares valued at $70,913,541. 34.16% of the stock is currently owned by company insiders.

Key Dunelm Group News

Here are the key news stories impacting Dunelm Group this week:

• Positive Sentiment: Technical upside: the share price recently crossed back above its 200‑day moving average, a bullish signal that can attract momentum buyers and suggest the longer‑term downtrend may be pausing. Dunelm Group (LON:DNLM) Share Price Crosses Above 200 Day Moving Average
• Negative Sentiment: Weaker sales and cautious guidance: Dunelm reported slowing Q2 sales growth and warned that full‑year profit is likely to be at the low end of expectations — a direct hit to earnings visibility that explains much of the selling pressure. Watch upcoming updates for details on margins, markdowns and inventory levels. Dunelm Q2 sales growth slows, warns full-year profit at low end of expectations
• Negative Sentiment: Festive demand disappointment: reporting indicates festive‑season demand was weaker than expected, likely increasing markdown pressure and reducing margin contribution from the quarter — a near‑term operational risk for results and stock performance. Dunelm shares tumble as festive demand takes a hit

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.