Dunelm Group (DNLM)

Sector:

Retailers

Index:

FTSE 250

832.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 981.00
  • 52 Week Low: 482.80
  • Currency: UK Pounds
  • Shares Issued: 201.98m
  • Volume: 126,808
  • Market Cap: £1,680.47m
  • RiskGrade: 208
  • Beta: 0.64

Dunelm boosted by RBC Capital upgrade

By Michele Maatouk

Date: Tuesday 15 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Home furnishings retailer Dunelm got a boost on Tuesday as RBC Capital Markets upped its stance on the stock to 'sector perform' from 'underperform'.
RBC said it expects the company to continue to gain like-for-like market share in a "challenging" UK homewares market, on account of its strong value for money offer and range advantage over other retailers.

"We see upside risk to stable gross margin guidance for the full year and expect the profitability gap between stores and online to narrow over time as online becomes more efficient," it said.

It said the stock's valuation was now "more reasonable if not compelling".

RBC said that despite its recent underperformance, Dunelm is not screamingly inexpensive as a UK landlocked retailer with already 170 stores.

"It trades at 15x CY20E price-to-earnings and indicates a 3% yield, with a good chance of periodic special dividends given its strong contribution. Ultimately though, Dunelm is a well-managed specialty homewares retailer with a significant range advantage over the competition, and which should now reap the benefits from heavy omnichannel investment."

RBC maintained its 850p price target on the stock.

At 1320 BST, the shares were up 2.2% at 801p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Dunelm Group Market Data

Currency UK Pounds
Share Price 832.00p
Change Today 6.00p
% Change 0.73 %
52 Week High 981.00
52 Week Low 482.80
Volume 126,808
Shares Issued 201.98m
Market Cap £1,680.47m
Beta 0.64
RiskGrade 208

Dunelm Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.96% below the market average81.96% below the market average81.96% below the market average81.96% below the market average81.96% below the market average
77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average
Price Trend
59.35% above the market average59.35% above the market average59.35% above the market average59.35% above the market average59.35% above the market average
70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average
Income
20.68% above the market average20.68% above the market average20.68% above the market average20.68% above the market average20.68% above the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Growth
7.67% below the market average7.67% below the market average7.67% below the market average7.67% below the market average7.67% below the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 4
Sell 0
Strong Sell 3
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Dunelm Group Dividends

  Latest Previous
  Final Special
Ex-Div 31-Oct-19 19-Sep-19
Paid 22-Nov-19 11-Oct-19
Amount 20.50p 32.00p

Trades for 22-Nov-2019

Time Volume / Share Price
13:30 176 @ 832.00p
13:30 134 @ 832.00p
13:30 140 @ 832.00p
13:30 160 @ 832.00p
13:29 832 @ 830.00p

Dunelm Group Key Personnel

Chair Andy Harrison
CFO Laura Carr

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