Dunelm Group (LON:DNLM) Reaches New 12-Month Low – Here’s Why

Dunelm Group plc (LON:DNLM)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 895 ($11.58) and last traded at GBX 910.75 ($11.78), with a volume of 1016977 shares traded. The stock had previously closed at GBX 976.50 ($12.63).

Analyst Ratings Changes

Several research firms have recently commented on DNLM. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,270 ($16.43) price target on shares of Dunelm Group in a research note on Tuesday, February 11th. Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research report on Tuesday, February 11th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,430 ($18.50) target price 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 issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($16.07).

Dunelm Group Trading Up 3.3 %

The firm has a market cap of £1.85 billion, a PE ratio of 12.20, a PEG ratio of -10.32 and a beta of 1.18. 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 business has a 50-day moving average price of GBX 981.93 and a two-hundred day moving average price of GBX 1,096.94.

Dunelm Group (LON:DNLM) last posted its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.58) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. Analysts forecast 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.