Dunelm Group (LON:DNLM) Insider Acquires £73,200 in Stock

Dunelm Group plc (LON:DNLM) insider Alison Brittain acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were acquired at an average price of GBX 732 per share, with a total value of £73,200.

Dunelm Group Stock Performance

Shares of Dunelm Group stock opened at GBX 756.96 on Friday. Dunelm Group plc has a 52 week low of GBX 707 and a 52 week high of GBX 1,174. The company has a quick ratio of 0.16, a current ratio of 1.02 and a debt-to-equity ratio of 258.52. The stock’s fifty day moving average is GBX 855.18 and its two-hundred day moving average is GBX 829.71. The company has a market capitalization of £1.53 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of -10.32 and a beta of 0.97.

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 77 EPS for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. As a group, analysts expect that Dunelm Group plc will post 77.0957096 earnings per share for the current year.

Key Headlines Impacting Dunelm Group

Here are the key news stories impacting Dunelm Group this week:

• Positive Sentiment: Non-executive director Alison Brittain purchased 10,000 shares for approximately £73,200 at an average price of GBX 732. The sizeable investment may signal confidence that Dunelm’s recent weakness has created an attractive valuation.
• Positive Sentiment: Non-executive director Ian Bull bought 2,500 shares for £18,700 at GBX 748, providing another insider-confidence signal. Dunelm Group Insider Buying
• Positive Sentiment: Berenberg reaffirmed its “buy” rating with a GBX 1,200 target, while Shore Capital also maintained a “buy” recommendation with a GBX 1,000 target. These targets remain above the recent trading range. Berenberg Reaffirms Buy Rating
• Neutral Sentiment: Dunelm retains a “Moderate Buy” consensus, with eight analysts rating the shares “buy” and one rating them “sell.” The average target is GBX 1,111.11, suggesting substantial potential upside but also some disagreement among analysts.
• Negative Sentiment: JPMorgan reduced its target from GBX 1,225 to GBX 1,050, Deutsche Bank cut its target from GBX 1,050 to GBX 1,000, and Canaccord lowered its target from GBX 1,240 to GBX 1,185. Although the firms retained positive ratings, the cuts indicate more measured views on Dunelm’s growth or valuation. Deutsche Bank Forecast for Dunelm

Analyst Ratings Changes

DNLM has been the subject of a number of research analyst reports. 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. Canaccord Genuity Group cut their price target on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating on the stock in a research note on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 1,200 price target on shares of Dunelm Group in a research report on Wednesday. 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 on the stock in a research report on Wednesday. Finally, Shore Capital Group reissued a “buy” rating and issued a GBX 1,000 price objective on shares of Dunelm Group in a research note on Tuesday, September 8th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Dunelm Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,111.11.

Dunelm Group Company Profile

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.