Dunelm Group (LON:DNLM) Insider Sells £382,536 in Stock

Dunelm Group plc (LON:DNLM) insider Clodagh Moriarty sold 47,817 shares of the company’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of GBX 800, for a total value of £382,536.

Dunelm Group Trading Down 0.1%

Shares of DNLM opened at GBX 802.50 on Tuesday. The firm has a market capitalization of £1.62 billion, a price-to-earnings ratio of 10.92, a PEG ratio of -10.32 and a beta of 0.97. The company has a debt-to-equity ratio of 258.52, a current ratio of 1.02 and a quick ratio of 0.16. Dunelm Group plc has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. The company has a 50-day moving average of GBX 845.27 and a 200 day moving average of GBX 814.04.

Dunelm Group (LON:DNLM) last issued its earnings results 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%. On average, research analysts expect that Dunelm Group plc will post 77.0957096 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on DNLM. JPMorgan Chase & Co. lowered their target price on 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. Canaccord Genuity Group lowered their price objective on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating for the company in a research note on Thursday, September 10th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 target price on shares of Dunelm Group in a report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reduced 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 report on Wednesday, September 9th. Finally, Shore Capital Group reiterated a “buy” rating and set a GBX 1,000 price objective on shares of Dunelm Group in a research note on Friday, September 18th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average 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.