Dunelm Group (LON:DNLM) Announces Quarterly Earnings Results

Key Points

• Dunelm Group reported a quarterly EPS of GBX 77.20 with a return on equity of 96.64% and a net margin of 8.86%.
• The company's stock opened at GBX 1,128, representing a one-year range of GBX 836.61 to GBX 1,259, and it has a market cap of £2.27 billion.
• Multiple analysts have increased their price targets for Dunelm Group, with a consensus target of GBX 1,349.17 and a rating of "Moderate Buy."

Dunelm Group (LON:DNLM - Get Free Report) released its earnings results on Tuesday. The company reported GBX 77.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%.

Dunelm Group Price Performance

DNLM traded down GBX 15.78 during trading hours on Friday, hitting GBX 1,064.22. The company's stock had a trading volume of 299,021 shares, compared to its average volume of 649,615. The business's 50-day moving average price is GBX 1,184.31 and its 200-day moving average price is GBX 1,105.99. Dunelm Group has a 12 month low of GBX 836.61 and a 12 month high of GBX 1,255.03. The stock has a market cap of £2.14 billion, a price-to-earnings ratio of 1,422.76, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DNLM. Jefferies Financial Group increased their target price on shares of Dunelm Group from GBX 1,095 to GBX 1,115 and gave the stock a "hold" rating in a report on Thursday. Shore Capital reaffirmed a "no recommendation" rating on shares of Dunelm Group in a report on Tuesday, September 9th. JPMorgan Chase & Co. increased their price objective on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a report on Friday, July 18th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,480 price objective on shares of Dunelm Group in a report on Tuesday, September 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,315.71.

Insiders Place Their Bets

In related news, insider Karen Witts sold 24,277 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total value of £285,983.06. Corporate insiders own 39.14% 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.