Dunelm Group (LON:DNLM) Insider Acquires £19,575 in Stock

Dunelm Group plc (LON:DNLM) insider Katharine Poulter purchased 2,500 shares of the stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average cost of GBX 783 per share, with a total value of £19,575.

Dunelm Group Trading Up 0.9%

LON:DNLM opened at GBX 782 on Monday. The company’s 50-day simple moving average is GBX 846.77 and its 200 day simple moving average is GBX 814.88. The company has a debt-to-equity ratio of 258.52, a current ratio of 1.02 and a quick ratio of 0.16. The firm has a market capitalization of £1.58 billion, a P/E ratio of 10.64, a PEG ratio of -10.32 and a beta of 0.97. Dunelm Group plc has a one year low of GBX 707 and a one year high of GBX 1,174.

Dunelm Group (LON:DNLM) last issued its earnings results on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. As a group, analysts forecast that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of 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. Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a research note on Friday, September 18th. JPMorgan Chase & Co. lowered their price target on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating for the company in a report on Wednesday, September 9th. Berenberg Bank restated a “buy” rating and set a GBX 1,200 price target on shares of Dunelm Group in a research note on Wednesday, September 9th. Finally, Canaccord Genuity Group cut their price objective on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating on the stock in a report on Thursday, September 10th. Eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Dunelm Group has a consensus rating of “Moderate Buy” and an average target price of GBX 1,111.11.

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.