Dunelm Group plc (LON:DNLM) Given Average Recommendation of “Moderate Buy” by Brokerages

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

Several research firms have recently weighed in on DNLM. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research note on Friday, January 16th. Berenberg Bank cut their target price on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a research note on Friday, January 16th. Shore Capital Group reduced their price target on Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a report on Tuesday, January 27th. Panmure Gordon dropped their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research note on Monday, January 19th. Finally, Jefferies Financial Group raised Dunelm Group to a “buy” rating and set a GBX 1,075 price objective for the company in a research report on Monday, February 9th.

Dunelm Group Price Performance

LON:DNLM opened at GBX 867.50 on Friday. The stock has a market capitalization of £1.75 billion, a PE ratio of 11.80, a P/E/G ratio of -10.32 and a beta of 0.92. Dunelm Group has a 1-year low of GBX 836.61 and a 1-year high of GBX 1,249. The firm has a fifty day simple moving average of GBX 981.27 and a 200 day simple moving average of GBX 1,073. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 175.79.

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

Insiders Place Their Bets

In other Dunelm Group news, insider Luisa Wright purchased 2,442 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average price of GBX 963 per share, for a total transaction of £23,516.46. Company insiders own 34.13% of the company’s stock.

Dunelm Group Company Profile

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.