Dunelm Group (LON:DNLM) Sets New 1-Year Low – Time to Sell?

Dunelm Group plc (LON:DNLM)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 936.98 ($11.66) and last traded at GBX 948.04 ($11.80), with a volume of 250654 shares trading hands. The stock had previously closed at GBX 971 ($12.09).

Analyst Ratings Changes

Several analysts have recently weighed in on DNLM shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,325 ($16.49) target price on shares of Dunelm Group in a report on Thursday, October 24th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Tuesday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,270 ($15.81) target price on shares of Dunelm Group in a report on Tuesday. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,430 ($17.80) target price on shares of Dunelm Group in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,242.50 ($15.47).

Dunelm Group Price Performance

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 company’s 50 day moving average is GBX 1,033.91 and its 200 day moving average is GBX 1,132.59. The stock has a market cap of £2.01 billion, a price-to-earnings ratio of 1,345.31, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%. Research analysts forecast that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

Dunelm Group Company Profile

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.