Dunelm Group (LON:DNLM) Insider Acquires £24,864.06 in Stock

Dunelm Group plc (LON:DNLM) insider Ajay Kavan purchased 3,302 shares of the company’s stock in a transaction on Monday, September 14th. The stock was acquired at an average price of GBX 753 per share, for a total transaction of £24,864.06.

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 759.50 on Friday. Dunelm Group plc has a twelve month low of GBX 707 and a twelve month high of GBX 1,174. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. The firm has a 50-day moving average of GBX 851.70 and a two-hundred day moving average of GBX 821.58. The company has a market capitalization of £1.53 billion, a price-to-earnings ratio of 10.33, a PEG ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLM) last announced its quarterly earnings data 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%. As a group, analysts expect that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Dunelm Group from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research report on Wednesday, September 9th. Canaccord Genuity Group decreased their target price 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. JPMorgan Chase & Co. cut their target price on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a research report on Wednesday, September 9th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,200 target price on shares of Dunelm Group in a report on Wednesday, September 9th. Finally, Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 price target on shares of Dunelm Group in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to 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.