Dunelm Group plc (LON:DNLM) Receives Average Rating of "Hold" from Analysts

Dunelm Group plc (LON:DNLM - Get Free Report) has received a consensus rating of "Hold" from the five analysts that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,245 ($15.68).

DNLM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price target on Dunelm Group from GBX 1,140 ($14.36) to GBX 1,170 ($14.73) and gave the stock a "neutral" rating in a report on Tuesday, September 24th. Berenberg Bank lifted their target price on Dunelm Group from GBX 1,410 ($17.76) to GBX 1,470 ($18.51) and gave the company a "buy" rating in a research report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 1,060 ($13.35) target price on shares of Dunelm Group in a report on Thursday, September 12th. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a research note on Thursday, October 24th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 1,325 ($16.69) price objective on shares of Dunelm Group in a research report on Thursday, October 24th.

Dunelm Group Price Performance

DNLM stock traded up GBX 20 ($0.25) during midday trading on Friday, reaching GBX 1,154 ($14.53). The company had a trading volume of 178,324 shares, compared to its average volume of 353,293. The company has a market capitalization of £2.33 billion, a price-to-earnings ratio of 1,559.46, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. 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 ($12.08) and a 1-year high of GBX 1,279 ($16.11). The stock has a 50 day moving average price of GBX 1,169.72 and a 200-day moving average price of GBX 1,149.09.

Dunelm Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 27.50 ($0.35) per share. The ex-dividend date is Thursday, October 31st. This represents a yield of 2.23%. Dunelm Group's dividend payout ratio (DPR) is currently 5,945.95%.

Insider Activity

In related news, insider Luisa Wright acquired 2,452 shares of the business's stock in a transaction dated Wednesday, October 2nd. The shares were bought at an average price of GBX 1,139 ($14.34) per share, with a total value of £27,928.28 ($35,169.73). Also, insider Nick Wilkinson sold 28,236 shares of the firm's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.62), for a total value of £327,819.96 ($412,819.49). 34.28% of the stock is owned by company insiders.

About Dunelm Group

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.