Dunelm Group (LON:DNLM) Trading Down 10.4% - Here's What Happened

Key Points

• Dunelm Group stock fell by 10.4% to trade at GBX 1,112.42 ($15.07) after closing at GBX 1,241 ($16.81).
• Analysts have mixed ratings, with five giving a Buy rating and an average price target of GBX 1,349.17, despite recent downward movement.
• The company reported a profit margin of 8.86% and a strong return on equity of 96.64% in its latest earnings results.

Dunelm Group plc (LON:DNLM - Get Free Report) was down 10.4% on Tuesday . The stock traded as low as GBX 1,104 ($14.96) and last traded at GBX 1,112.42 ($15.07). Approximately 888,954 shares were traded 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 ($16.81).

Analyst Ratings Changes

DNLM has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target 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. Deutsche Bank Aktiengesellschaft raised their price objective on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Shore Capital reissued a "no recommendation" rating on shares of Dunelm Group in a research note on Tuesday. UBS Group reaffirmed a "buy" rating and set a GBX 1,385 price target on shares of Dunelm Group in a research report on Friday. Finally, Canaccord Genuity Group lifted their price target on shares of Dunelm Group from GBX 1,270 to GBX 1,320 and gave the company a "buy" rating in a research note on Thursday, July 24th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 1,349.17.

Dunelm Group Trading Down 10.4%

The firm has a market cap of £2.24 billion, a price-to-earnings ratio of 1,487.19, a P/E/G ratio of -10.32 and a beta of 1.18. 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 has a 50-day moving average of GBX 1,191.03 and a 200-day moving average of GBX 1,104.03.

Dunelm Group (LON:DNLM - Get Free Report) last released its earnings results 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%. Research analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current year.

Insider Buying and Selling at Dunelm Group

In other news, insider Karen Witts sold 24,277 shares of the company's stock in a transaction dated Monday, June 16th. The shares were 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.

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.

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