Insider Buying: Dunelm Group (LON:DNLM) Insider Buys 3,947 Shares of Stock

Dunelm Group plc (LON:DNLM) insider Ajay Kavan purchased 3,947 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of GBX 756 per share, with a total value of £29,839.32.

Dunelm Group Trading Down 1.5%

LON:DNLM opened at GBX 731 on Tuesday. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83. The company has a market capitalization of £1.47 billion, a P/E ratio of 9.95, a P/E/G ratio of -10.32 and a beta of 0.96. The stock’s 50 day moving average price is GBX 831.63 and its 200 day moving average price is GBX 983.42. Dunelm Group plc has a 52 week low of GBX 727.94 and a 52 week high of GBX 1,249.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, February 10th. The company reported GBX 42 EPS for the quarter. Dunelm Group had a net margin of 8.29% and a return on equity of 105.88%. On average, research analysts forecast that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DNLM has been the subject of a number of recent research reports. Canaccord Genuity Group decreased their price objective on shares of Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reduced their price target on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating for the company in a research report on Friday, January 16th. Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a research note on Thursday, April 16th. Panmure Gordon lowered their price objective on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a report on Monday, January 19th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,075 price objective on shares of Dunelm Group in a research note on Thursday, April 16th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dunelm Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,199.44.

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.