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

Dunelm Group plc (LON:DNLM)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 724 and last traded at GBX 724, with a volume of 281661 shares changing hands. The stock had previously closed at GBX 742.

Analyst Ratings Changes

Several research firms recently issued reports on DNLM. Canaccord Genuity Group decreased their price target on Dunelm Group from GBX 1,280 to GBX 1,240 and set a “buy” rating on the stock in a report on Friday, April 17th. Shore Capital Group reiterated a “buy” rating on shares of Dunelm Group in a report on Thursday, April 16th. Berenberg Bank decreased their price target on Dunelm Group from GBX 1,425 to GBX 1,350 and set a “buy” rating on the stock in a report on Friday, April 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,075 price target on shares of Dunelm Group in a report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Dunelm Group from GBX 1,360 to GBX 1,200 and set a “buy” rating on the stock in a research note on Friday, January 16th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,199.44.

Dunelm Group Stock Performance

The company has a market cap of £1.46 billion, a price-to-earnings ratio of 9.85, a price-to-earnings-growth ratio of -10.32 and a beta of 0.96. 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 stock has a 50-day moving average price of GBX 831.63 and a 200 day moving average price of GBX 983.42.

Dunelm Group (LON:DNLM) last announced 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 anticipate that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Insider Activity at Dunelm Group

In other news, insider Ajay Kavan bought 3,947 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of GBX 756 per share, with a total value of £29,839.32. Also, insider Luisa Wright bought 2,442 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was purchased at an average cost of GBX 963 per share, for a total transaction of £23,516.46. In the last quarter, insiders have bought 18,889 shares of company stock valued at $14,885,578. 34.13% of the stock is owned by insiders.

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.