Dunelm Group (LON:DNLM) Hits New 12-Month Low – Time to Sell?

Dunelm Group plc (LON:DNLM)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 829 and last traded at GBX 832, with a volume of 80701 shares trading hands. The stock had previously closed at GBX 858.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DNLM. Deutsche Bank Aktiengesellschaft cut their price objective on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating for the company in a research report on Friday, January 16th. Panmure Gordon decreased their target price on shares of Dunelm Group from GBX 995 to GBX 830 and set a “sell” rating on the stock in a research report on Monday, January 19th. Berenberg Bank lowered their target price on shares of Dunelm Group from GBX 1,480 to GBX 1,425 and set a “buy” rating for the company in a research note on Friday, January 16th. Shore Capital Group dropped their price target on shares of Dunelm Group from GBX 1,300 to GBX 1,200 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group raised shares of Dunelm Group to a “buy” rating and set a GBX 1,075 price target on the stock in a research note on Monday, February 9th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,216.67.

Dunelm Group Price Performance

The company has a debt-to-equity ratio of 175.79, a current ratio of 0.83 and a quick ratio of 0.16. The firm has a market capitalization of £1.65 billion, a price-to-earnings ratio of 11.07, a PEG ratio of -10.32 and a beta of 0.92. The stock has a 50 day moving average price of GBX 950.50 and a two-hundred day moving average price of GBX 1,059.99.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, February 10th. The company reported GBX 42 earnings per share (EPS) for the quarter. Dunelm Group had a return on equity of 105.88% and a net margin of 8.29%. As a group, analysts expect that Dunelm Group plc will post 77.0957096 EPS for the current year.

Insider Activity

In other Dunelm Group news, insider Luisa Wright purchased 2,442 shares of Dunelm Group stock in a transaction dated Friday, February 13th. The shares were acquired at an average price of GBX 963 per share, with a total value of £23,516.46. Corporate insiders own 34.13% of the company’s stock.

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.

The business was founded in 1979 by the Adderley family, beginning as a curtains stall on Leicester market before expanding its store footprint.