Dunelm Group (LON:DNLM) Insider Acquires £19,575 in Stock

Key Points

• Insider buying: Dunelm director Katharine Poulter purchased 2,500 shares at GBX 783 each, investing a total of £19,575.
• Stock performance: Shares opened at GBX 784.50, below their 50-day and 200-day moving averages, and remain well below the one-year high of GBX 1,174.
• Analyst outlook: Eight analysts rate Dunelm a Buy versus one Sell, resulting in a consensus “Moderate Buy” rating and an average price target of GBX 1,111.11.

Dunelm Group plc (LON:DNLM - Get Free Report) insider Katharine Poulter purchased 2,500 shares of the business's stock in a transaction dated Thursday, September 24th. The shares were bought at an average price of GBX 783 per share, with a total value of £19,575.

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 784.50 on Friday. The stock has a fifty day moving average price of GBX 848.65 and a 200 day moving average price of GBX 815.76. Dunelm Group plc has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. The company has a debt-to-equity ratio of 258.52, a current ratio of 1.02 and a quick ratio of 0.16. The company has a market cap of £1.58 billion, a PE ratio of 10.67, a P/E/G ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLM - Get Free Report) last announced its quarterly earnings data on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. Sell-side analysts forecast that Dunelm Group plc will post 77.0957096 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on DNLM. Shore Capital Group reaffirmed a "buy" rating and issued a GBX 1,000 price objective on shares of Dunelm Group in a report on Friday, September 18th. Berenberg Bank reissued a "buy" rating and issued a GBX 1,200 price target on shares of Dunelm Group in a report on Wednesday, September 9th. JPMorgan Chase & Co. decreased their price target on Dunelm Group from GBX 1,225 to GBX 1,050 and set an "overweight" rating on the stock in a research note on Wednesday, September 9th. Canaccord Genuity Group dropped their price objective on Dunelm Group from GBX 1,240 to GBX 1,185 and set a "buy" rating on the stock in a report on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Dunelm Group from GBX 1,050 to GBX 1,000 and set a "buy" rating for the company in a report on Wednesday, September 9th. Eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,111.11.

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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