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

Dunelm Group (LON:DNLM)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital Group in a research note issued to investors on Tuesday, London Stock Exchange reports. They currently have a GBX 1,000 price target on the stock. Shore Capital Group’s price target points to a potential upside of 28.87% from the stock’s previous close.

Several other brokerages also recently weighed in on DNLM. Deutsche Bank Aktiengesellschaft upgraded Dunelm Group to a “buy” rating and increased their target price for the company from GBX 850 to GBX 1,050 in a research note on Thursday, September 3rd. Berenberg Bank cut their price target on Dunelm Group from GBX 1,332 to GBX 1,200 and set a “buy” rating for the company in a report on Thursday, August 27th. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,143.89.

Dunelm Group Stock Down 12.5%

DNLM stock opened at GBX 776 on Tuesday. The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16. Dunelm Group has a 52-week low of GBX 707 and a 52-week high of GBX 1,215. The company has a 50-day moving average of GBX 858.72 and a two-hundred day moving average of GBX 835.01. The stock has a market capitalization of £1.56 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLM) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. As a group, equities research analysts anticipate 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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.