Dunelm Group plc (LON:DNLM) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• "Moderate Buy" is the consensus from nine brokerages covering Dunelm, with seven buy ratings, one hold and one sell, and an average 1‑year price target of GBX 1,199.44.
• Dunelm shares opened at GBX 754 (market cap £1.52bn) and trade at a P/E of 10.26 amid a high debt‑to‑equity ratio (175.79), with a 12‑month range of GBX 738–1,249 and 50/200‑day moving averages of GBX 855.49/997.23.
• The company reported GBX 42 earnings per share for the quarter (net margin 8.29%, ROE 105.88%), while insider Luisa Wright bought 2,442 shares at GBX 963 and insiders collectively own 34.13% of the stock.

Shares of Dunelm Group plc (LON:DNLM - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,199.44.

A number of research analysts have weighed in on DNLM shares. Canaccord Genuity Group dropped their target price on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a "buy" rating on the stock in a research note on Friday, April 17th. Shore Capital Group restated a "buy" rating on shares of Dunelm Group in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dunelm Group from GBX 1,360 to GBX 1,200 and set a "buy" rating on the stock in a research note on Friday, January 16th. Berenberg Bank dropped their price target on shares of Dunelm Group from GBX 1,425 to GBX 1,350 and set a "buy" rating on the stock in a research note on Friday, April 17th. Finally, Panmure Gordon dropped their price target on shares of Dunelm Group from GBX 995 to GBX 830 and set a "sell" rating on the stock in a research note on Monday, January 19th.

Dunelm Group Stock Up 0.3%

DNLM opened at GBX 754 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 10.26, a PEG ratio of -10.32 and a beta of 1.03. Dunelm Group has a twelve month low of GBX 738 and a twelve month high of GBX 1,249. The company's 50-day moving average price is GBX 855.49 and its two-hundred day moving average price is GBX 997.23.

Dunelm Group (LON:DNLM - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. As a group, equities analysts expect that Dunelm Group will post 77.0957096 earnings per share for the current year.

Insider Activity at Dunelm Group

In other Dunelm Group news, insider Luisa Wright purchased 2,442 shares of the company's stock in a transaction that occurred on Friday, February 13th. The shares were bought at an average cost of GBX 963 per share, for a total transaction of £23,516.46. Insiders own 34.13% of the company's stock.

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. The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.

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