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

Dunelm Group plc (LON:DNLM) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 780 and last traded at GBX 782, with a volume of 112901 shares trading hands. The stock had previously closed at GBX 795.

Analyst Ratings Changes

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

Dunelm Group Price Performance

The firm has a fifty day moving average price of GBX 922.69 and a two-hundred day moving average price of GBX 1,045.61. The stock has a market capitalization of £1.59 billion, a P/E ratio of 10.68, a PEG ratio of -10.32 and a beta of 0.92. The company has a debt-to-equity ratio of 175.79, a quick ratio of 0.16 and a current ratio of 0.83.

Dunelm Group (LON:DNLM) last issued its quarterly earnings data on Tuesday, February 10th. The company reported GBX 42 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 fiscal year.

Insider Transactions at Dunelm Group

In other news, insider Luisa Wright purchased 2,442 shares of the business’s stock in a transaction on Friday, February 13th. The stock was acquired at an average cost of GBX 963 per share, for a total transaction of £23,516.46. Insiders own 34.13% of the company’s stock.

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.

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