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

Dunelm Group plc (LON:DNLM) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 895 ($11.61) and last traded at GBX 910.75 ($11.81), with a volume of 1016977 shares trading hands. The stock had previously closed at GBX 976.50 ($12.66).

Analyst Ratings Changes

DNLM has been the topic of several research reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,270 ($16.47) price objective on shares of Dunelm Group in a research note on Tuesday, February 11th. Berenberg Bank reissued a “buy” rating and set a GBX 1,430 ($18.54) price target on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Shore Capital restated a “not rated” rating on shares of Dunelm Group in a research note on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 1,242.50 ($16.11).

Dunelm Group Stock Performance

The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The stock has a fifty day moving average price of GBX 987.96 and a two-hundred day moving average price of GBX 1,099.69. The company has a market cap of £1.84 billion, a P/E ratio of 12.15, a PEG ratio of -10.32 and a beta of 1.18.

Dunelm Group (LON:DNLM) last announced its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.59) earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. On average, equities analysts forecast that Dunelm Group plc will post 77.0957096 earnings per share 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.