Dunelm Group (LON:DNLM) Sets New 12-Month High at $1,244.00

Dunelm Group plc (LON:DNLM)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 1,244 ($16.00) and last traded at GBX 1,214 ($15.62), with a volume of 236268 shares. The stock had previously closed at GBX 1,227 ($15.78).

Wall Street Analysts Forecast Growth

A number of research firms have commented on DNLM. Canaccord Genuity Group increased their target price on Dunelm Group from GBX 1,250 ($16.08) to GBX 1,325 ($17.04) and gave the stock a “buy” rating in a report on Saturday, July 20th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,200 ($15.44) target price on shares of Dunelm Group in a report on Thursday, April 18th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,410 ($18.14) target price on shares of Dunelm Group in a report on Thursday, April 18th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,211.67 ($15.59).

Dunelm Group Trading Down 1.1 %

The company has a debt-to-equity ratio of 169.49, a quick ratio of 0.16 and a current ratio of 1.06. The firm has a market cap of £2.45 billion, a P/E ratio of 1,663.01, a P/E/G ratio of -10.32 and a beta of 1.10. The firm has a fifty day moving average of GBX 1,101.68 and a 200-day moving average of GBX 1,086.02.

Insider Activity at Dunelm Group

In other Dunelm Group news, insider Ajay Kavan bought 2,450 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were purchased at an average cost of GBX 1,020 ($13.12) per share, for a total transaction of £24,990 ($32,145.61). 44.06% of the stock is owned by 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.