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

Dunelm Group plc (LON:DNLM)’s stock price 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 trading hands. The stock had previously closed at GBX 971 ($12.00).

Wall Street Analyst Weigh In

DNLM has been the subject of a number of recent research reports. Shore Capital reiterated a “not rated” rating on shares of Dunelm Group in a research note on Thursday, October 24th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,325 ($16.37) price objective on shares of Dunelm Group in a research note on Thursday, January 16th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,325 ($16.37) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($17.67) price target on shares of Dunelm Group in a research note on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,251.67 ($15.47).

Dunelm Group Stock Down 0.6 %

The company has a 50 day simple moving average of GBX 1,040.81 and a two-hundred day simple moving average of GBX 1,135.86. The firm has a market capitalization of £1.95 billion, a P/E ratio of 1,304.69, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last released its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.56) earnings per share for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 109.80%. On average, equities analysts predict that Dunelm Group plc will post 77.0957096 EPS for the current fiscal 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.