Dunelm Group (LON:DNLM) Insider Ajay Kavan Buys 3,947 Shares

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

Dunelm Group Trading Down 1.5%

Shares of LON DNLM opened at GBX 731 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 0.83 and a debt-to-equity ratio of 175.79. Dunelm Group plc has a 12 month low of GBX 727.94 and a 12 month high of GBX 1,249. The company has a market cap of £1.47 billion, a price-to-earnings ratio of 9.95, a P/E/G ratio of -10.32 and a beta of 0.96. The business has a fifty day simple moving average of GBX 831.63 and a 200-day simple moving average of GBX 983.42.

Dunelm Group (LON:DNLM) last issued its quarterly earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. Sell-side analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on DNLM. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,075 price objective on shares of Dunelm Group in a research report on Thursday, April 16th. Berenberg Bank lowered their price target on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft dropped their price target on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research report on Friday, January 16th. Canaccord Genuity Group decreased their price objective on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating for the company in a research report on Friday, April 17th. Finally, Panmure Gordon lowered their target price on Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research note on Monday, January 19th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,199.44.

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.