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

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

Dunelm Group Stock Performance

Shares of LON DNLM opened at GBX 778 on Friday. The stock has a market cap of £1.57 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of -10.32 and a beta of 0.97. The company has a current ratio of 1.02, a quick ratio of 0.16 and a debt-to-equity ratio of 258.52. Dunelm Group plc has a 1-year low of GBX 707 and a 1-year high of GBX 1,174. The stock’s 50-day moving average is GBX 841.17 and its 200 day moving average is GBX 812.20.

Dunelm Group (LON:DNLM) last issued its earnings results on Tuesday, September 8th. The company reported GBX 77 earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 99.65% and a net margin of 8.52%. On average, sell-side analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Analysts Set New Price Targets

DNLM has been the subject of a number of research reports. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,000 price objective on shares of Dunelm Group in a research note on Friday, September 18th. Canaccord Genuity Group decreased their target price on shares of Dunelm Group from GBX 1,240 to GBX 1,185 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 price target on shares of Dunelm Group in a research note on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft cut 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 report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. reduced their price objective on Dunelm Group from GBX 1,225 to GBX 1,050 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.