Dunelm Group (LON:DNLM) Trading Down 10.4% - Should You Sell?

Key Points

• Dunelm Group's stock price fell 10.4% during trading, dropping from a previous close of GBX 1,241 to GBX 1,112.42.
• Despite the fall, multiple analysts maintain a "buy" rating for the stock, with target prices ranging from GBX 1,320 to GBX 1,480.
• The company's latest earnings report indicated an EPS of GBX 77.20 and a 8.86% net margin.

Dunelm Group plc (LON:DNLM - Get Free Report)'s stock price dropped 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 ($15.05). Approximately 888,954 shares were traded during trading, an increase of 36% from the average daily volume of 653,074 shares. The stock had previously closed at GBX 1,241 ($16.79).

Analyst Ratings Changes

A number of research firms have recently commented on DNLM. UBS Group reaffirmed a "buy" rating and set a GBX 1,385 target price on shares of Dunelm Group in a research note on Friday. Berenberg Bank raised their price target on shares of Dunelm Group from GBX 1,430 to GBX 1,480 and gave the company a "buy" rating in a research note on Thursday, July 17th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of 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. Shore Capital restated a "no recommendation" rating on shares of Dunelm Group in a research note on Tuesday. Finally, Canaccord Genuity Group increased their target price on shares of Dunelm Group from GBX 1,270 to GBX 1,320 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 1,349.17.

Dunelm Group Price Performance

The business's 50 day simple moving average is GBX 1,189.38 and its 200-day simple moving average is GBX 1,104.09. The stock has a market capitalization of £2.24 billion, a price-to-earnings ratio of 1,487.19, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

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

Insider Buying and Selling

In other 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 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.

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