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

Key Points

• Dunelm Group's stock price decreased by 10.4%, trading at a low of GBX 1,104 ($14.96) during the session, after closing at GBX 1,241 ($16.81).
• Various analysts have given mixed ratings, with five maintaining a "Buy" rating and an average target price of GBX 1,349.17, whereas one has issued a "Hold" rating.
• The company reported GBX 77.20 earnings per share, with an impressive net margin of 8.86% and a return on equity of 96.64%.

Dunelm Group plc (LON:DNLM - Get Free Report) shares were down 10.4% on Tuesday . The company traded as low as GBX 1,104 ($14.94) and last traded at GBX 1,112.42 ($15.06). Approximately 888,954 shares changed 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).

Analyst Ratings Changes

A number of equities research analysts recently weighed in on DNLM shares. JPMorgan Chase & Co. boosted their price target on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a research report on Friday, July 18th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,480 target price on shares of Dunelm Group in a report on Tuesday. Shore Capital reaffirmed a "no recommendation" rating on shares of Dunelm Group in a report on Tuesday. UBS Group reaffirmed a "buy" rating and issued a GBX 1,385 target price on shares of Dunelm Group in a report on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a report on Tuesday, August 26th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Dunelm Group currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,315.71.

Dunelm Group Trading Down 0.1%

The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The business's 50 day moving average price is GBX 1,187.96 and its 200-day moving average price is GBX 1,103.98. The firm has a market capitalization of £2.17 billion, a price-to-earnings ratio of 1,443.94, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

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

Insider Activity

In other news, insider Karen Witts sold 24,277 shares of the business's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total transaction of £285,983.06. 39.14% of the stock is currently owned by company insiders.

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.