Insider Buying: Dunelm Group plc (LON:DNLM) Insider Acquires 2,621 Shares of Stock

Dunelm Group plc (LON:DNLM) insider Ajay Kavan purchased 2,621 shares of the stock in a transaction that occurred on Wednesday, May 7th. The stock was bought at an average price of GBX 1,142 ($15.18) per share, with a total value of £29,931.82 ($39,792.37).

Dunelm Group Price Performance

Shares of LON DNLM opened at GBX 1,154 ($15.34) on Thursday. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The business has a 50-day moving average of GBX 974.37 and a 200-day moving average of GBX 1,033.12. Dunelm Group plc has a fifty-two week low of GBX 836.61 ($11.12) and a fifty-two week high of GBX 1,279 ($17.00). The stock has a market capitalization of £2.33 billion, a price-to-earnings ratio of 15.36, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last released its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. As a group, sell-side analysts predict that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on DNLM shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,270 ($16.88) price target on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,251 ($16.63).

About Dunelm Group

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.