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

Shares of Dunelm Group plc (LON:DNLM) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 871 ($11.25) and last traded at GBX 888 ($11.47), with a volume of 8350 shares trading hands. The stock had previously closed at GBX 888.50 ($11.48).

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,270 ($16.41) price target on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Tuesday, February 11th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($18.48) price objective on shares of Dunelm Group in a report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,242.50 ($16.05).

Dunelm Group Stock Performance

The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04. The stock has a 50 day moving average of GBX 961.67 and a 200 day moving average of GBX 1,069.48. The stock has a market capitalization of £1.79 billion, a P/E ratio of 11.84, a P/E/G ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last released its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.58) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Equities analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current year.

About Dunelm Group

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.