Dunelm Group (LON:DNLM) Receives No Recommendation Rating from Shore Capital

Key Points

• Shore Capital has reaffirmed its "no recommendation" rating for Dunelm Group (DNLM), while several other analysts have issued various price targets and ratings, with a consensus rating of "Moderate Buy."
• Dunelm's shares opened at GBX 1,122, with a 52-week range between GBX 836.61 and GBX 1,259, indicating moderate volatility in its stock performance while maintaining a market capitalization of £2.26 billion.
• Insider Karen Witts sold 24,277 shares at an average price of GBX 1,178, reflecting insider activity within the company, where insiders hold a substantial 39.14% of the stock.

Shore Capital reaffirmed their no recommendation rating on shares of Dunelm Group (LON:DNLM - Free Report) in a report released on Tuesday, Marketbeat reports.

A number of other equities analysts also recently issued reports on DNLM. Canaccord Genuity Group increased their target price on 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. JPMorgan Chase & Co. raised their target price on Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of 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. UBS Group restated a "buy" rating and set a GBX 1,385 target price on shares of Dunelm Group in a research report on Friday, September 5th. Finally, Berenberg Bank lifted 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 report on Thursday, July 17th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,315.71.

Dunelm Group Stock Performance

Dunelm Group stock traded down GBX 15.78 during midday trading on Tuesday, hitting GBX 1,064.22. 299,021 shares of the company's stock were exchanged, compared to its average volume of 649,615. Dunelm Group has a 12-month low of GBX 836.61 and a 12-month high of GBX 1,255.03. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The stock has a market cap of £2.14 billion, a price-to-earnings ratio of 1,422.76, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm's 50 day simple moving average is GBX 1,184.31 and its 200 day simple moving average is GBX 1,105.18.

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 net margin of 8.86% and a return on equity of 96.64%. Equities research analysts predict that Dunelm Group will post 77.0957096 EPS for the current year.

Insider Activity

In other Dunelm Group 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 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.