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

Shares of Dunelm Group plc (LON:DNLM) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 951 ($11.75) and last traded at GBX 970 ($11.98), with a volume of 5954 shares. The stock had previously closed at GBX 966.50 ($11.94).

Analysts Set New Price Targets

DNLM has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,430 ($17.66) target price 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) target price on shares of Dunelm Group in a research report on Thursday, October 24th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($16.37) target price on shares of Dunelm Group in a research report on Thursday, January 16th. Finally, Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,251.67 ($15.46).

Dunelm Group Trading Up 0.4 %

The company’s 50 day moving average price is GBX 1,079.58 and its 200 day moving average price is GBX 1,150.73. 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 company has a market cap of £1.96 billion, a price-to-earnings ratio of 1,310.67, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18.

Insider Activity at Dunelm Group

In related news, insider Karen Witts purchased 8,375 shares of the firm’s stock in a transaction on Thursday, October 31st. The shares were bought at an average cost of GBX 1,126 ($13.91) per share, for a total transaction of £94,302.50 ($116,480.36). Also, insider Nick Wilkinson sold 28,236 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 1,161 ($14.34), for a total transaction of £327,819.96 ($404,915.96). 34.28% of the stock is currently 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.