Dunelm Group (LON:DNLM) Hits New 12-Month Low – What’s Next?

Dunelm Group plc (LON:DNLM) hit a new 52-week low on Friday . The stock traded as low as GBX 951 ($11.87) and last traded at GBX 970 ($12.11), with a volume of 5954 shares traded. The stock had previously closed at GBX 966.50 ($12.06).

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($16.54) target price on shares of Dunelm Group in a research report on Thursday, January 16th. Berenberg Bank restated a “buy” rating and set a GBX 1,430 ($17.85) price target on shares of Dunelm Group in a research note on Thursday, December 5th. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,325 ($16.54) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Finally, Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 1,251.67 ($15.62).

Dunelm Group Stock Down 0.9 %

The firm has a 50 day simple moving average of GBX 1,073.06 and a two-hundred day simple moving average of GBX 1,148.09. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The company has a market capitalization of £1.94 billion, a PE ratio of 1,294.59, a P/E/G ratio of -10.32 and a beta of 1.18.

Insider Buying and Selling at Dunelm Group

In related news, insider Karen Witts bought 8,375 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of GBX 1,126 ($14.06) per share, with a total value of £94,302.50 ($117,716.27). Also, insider Nick Wilkinson sold 28,236 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 1,161 ($14.49), for a total value of £327,819.96 ($409,212.28). 34.28% of the stock is owned by company 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.