Dunelm Group (LON:DNLM) Insider Karen Witts Acquires 9,558 Shares of Stock

Key Points

• Insider Karen Witts bought 9,558 Dunelm shares at an average price of GBX 883, paying approximately £84,397.
• Dunelm shares were reported down 0.8%; the company posted quarterly EPS of GBX 77 and a net margin of 8.52%.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of GBX 1,042.14; six analysts rate the stock Buy and one rates it Sell.

Dunelm Group plc (LON:DNLM - Get Free Report) insider Karen Witts acquired 9,558 shares of the business's stock in a transaction dated Wednesday, November 4th. The stock was acquired at an average price of GBX 883 per share, with a total value of £84,397.14.

Dunelm Group Trading Down 0.8%

Shares of DNLM stock opened at GBX 888 on Wednesday. Dunelm Group plc has a 1-year low of GBX 707 and a 1-year high of GBX 1,170. The company has a market cap of £1.79 billion, a price-to-earnings ratio of 11.56, a PEG ratio of -10.32 and a beta of 1.03. 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 stock has a 50 day simple moving average of GBX 822.97 and a 200-day simple moving average of GBX 842.97.

Dunelm Group (LON:DNLM - Get Free Report) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.52% and a return on equity of 99.65%. On average, equities research analysts expect that Dunelm Group plc will post 77.10 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,185 price objective on shares of Dunelm Group in a report on Friday, October 16th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,030 target price on shares of Dunelm Group in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dunelm Group from GBX 1,050 to GBX 1,000 and set a "buy" rating for the company in a research note on Wednesday, September 9th. JPMorgan Chase & Co. cut their price target on shares of Dunelm Group from GBX 1,225 to GBX 1,050 and set an "overweight" rating for the company in a report on Wednesday, September 9th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,200 price target on shares of Dunelm Group in a research report on Wednesday, September 9th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Dunelm Group currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,042.14.

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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