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

Key Points

• Dunelm Group's stock price fell by 10.4% to GBX 1,112.42 ($15.06) amidst a trading volume increase of 36% compared to its average session volume.
• Analysts maintain a predominantly positive outlook, with five rating the stock as a Buy and an average target price of GBX 1,349.17.
• The company reported earnings of GBX 77.20 per share in its latest quarter, with a return on equity of 96.64% and a net margin of 8.86%.

Dunelm Group plc (LON:DNLM - Get Free Report) fell 10.4% on Wednesday . The company traded as low as GBX 1,104 ($14.97) and last traded at GBX 1,112.42 ($15.08). 888,954 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 653,074 shares. The stock had previously closed at GBX 1,241 ($16.83).

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DNLM. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,480 price objective on shares of Dunelm Group in a research note on Tuesday, September 9th. JPMorgan Chase & Co. lifted their target price on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a research note on Friday, July 18th. Shore Capital reiterated a "no recommendation" rating on shares of Dunelm Group in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft lifted their target price on Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Finally, Jefferies Financial Group lifted their target price on Dunelm Group from GBX 1,095 to GBX 1,115 and gave the company a "hold" rating in a research note on Thursday. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,315.71.

Dunelm Group Trading Up 0.7%

The business has a fifty day moving average of GBX 1,184.31 and a two-hundred day moving average of GBX 1,106.91. The firm has a market cap of £2.16 billion, a price-to-earnings ratio of 1,433.16, a PEG 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 issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX 77.20 earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, equities analysts expect that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

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.