Dunelm Group (LON:DNLM) Trading Down 10.4% - What's Next?

Key Points

• Dunelm Group shares fell by 10.4%, closing at GBX 1,112.42 ($15.07) after trading as low as GBX 1,104 ($14.96).
• Several analysts have revised their price targets for Dunelm Group, with Berenberg Bank increasing its target to GBX 1,480 and maintaining a "buy" rating.
• The company reported earnings per share of GBX 77.20 for the last quarter and has a debt-to-equity ratio of 236.84.

Dunelm Group plc (LON:DNLM - Get Free Report) shares were down 10.4% during mid-day trading on Tuesday . The stock traded as low as GBX 1,104 ($14.94) and last traded at GBX 1,112.42 ($15.06). Approximately 888,954 shares traded hands during mid-day trading, an increase of 36% from the average daily volume of 653,074 shares. The stock had previously closed at GBX 1,241 ($16.80).

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the stock a "neutral" rating in a research report on Friday, July 18th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 1,320 target price on shares of Dunelm Group in a research report on Wednesday. Shore Capital reaffirmed a "no recommendation" rating on shares of Dunelm Group in a research report on Tuesday. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,480 price target on shares of Dunelm Group in a research note on Tuesday. Finally, UBS Group reissued a "buy" rating and issued a GBX 1,385 price objective on shares of Dunelm Group in a research report on Friday, September 5th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 1,315.71.

Dunelm Group Trading Down 0.6%

The business's 50 day simple moving average is GBX 1,187.96 and its 200 day simple moving average is GBX 1,103.98. The stock has a market cap of £2.16 billion, a price-to-earnings ratio of 1,435.83, a PEG ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The company reported GBX 77.20 earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. On average, research analysts expect that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Karen Witts sold 24,277 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of GBX 1,178, for a total value of £285,983.06. 39.14% of the stock is owned by corporate insiders.

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.