Dunelm Group plc (LON:DNLM) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Dunelm Group plc (LON:DNLM) have received an average rating of “Hold” from the five brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 1,245 ($15.80).

Several research firms have recently commented on DNLM. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($16.82) target price on shares of Dunelm Group in a report on Thursday, October 24th. Berenberg Bank boosted their target price on shares of Dunelm Group from GBX 1,410 ($17.90) to GBX 1,470 ($18.66) and gave the stock a “buy” rating in a report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,060 ($13.46) target price on shares of Dunelm Group in a report on Thursday, September 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Dunelm Group from GBX 1,140 ($14.47) to GBX 1,170 ($14.85) and gave the stock a “neutral” rating in a report on Tuesday, September 24th.

Insider Buying and Selling at Dunelm Group

In other news, insider Nick Wilkinson sold 28,236 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.74), for a total value of £327,819.96 ($416,120.79). Also, insider Karen Witts purchased 8,375 shares of the business’s stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of GBX 1,126 ($14.29) per share, for a total transaction of £94,302.50 ($119,703.60). Company insiders own 34.28% of the company’s stock.

Dunelm Group Price Performance

Shares of LON:DNLM opened at GBX 1,134 ($14.39) on Friday. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. Dunelm Group has a 1-year low of GBX 959 ($12.17) and a 1-year high of GBX 1,279 ($16.24). The company has a market capitalization of £2.29 billion, a P/E ratio of 1,532.43, a P/E/G ratio of -10.32 and a beta of 1.18. The firm’s 50 day simple moving average is GBX 1,161.86 and its two-hundred day simple moving average is GBX 1,151.30.

Dunelm Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 26th. Investors of record on Thursday, October 31st were given a GBX 27.50 ($0.35) dividend. This represents a yield of 2.23%. The ex-dividend date of this dividend was Thursday, October 31st. Dunelm Group’s dividend payout ratio is presently 5,945.95%.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.