Dunelm Group (LON:DNLM) Sets New 52-Week Low – What’s Next?

Dunelm Group plc (LON:DNLM) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 936.98 ($11.58) and last traded at GBX 948.04 ($11.72), with a volume of 250654 shares. The stock had previously closed at GBX 971 ($12.00).

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.67) price objective on shares of Dunelm Group in a research report on Thursday, December 5th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($16.37) price objective on shares of Dunelm Group in a research report on Thursday, January 16th. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($16.37) price objective on shares of Dunelm Group in a research report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 1,251.67 ($15.47).

Dunelm Group Stock Down 0.6 %

The company has a market capitalization of £1.95 billion, a PE ratio of 1,304.69, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm’s 50-day simple moving average is GBX 1,040.81 and its 200 day simple moving average is GBX 1,135.86. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Dunelm Group (LON:DNLM) last issued its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) EPS for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%. As a group, equities research analysts forecast that Dunelm Group plc will post 77.0957096 earnings per share for the current year.

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.