Dunelm Group (LON:DNLM) Hits New 12-Month Low – Here’s Why

Dunelm Group plc (LON:DNLM)’s stock price reached a new 52-week low during 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 traded. The stock had previously closed at GBX 966.50 ($11.94).

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,325 ($16.37) price objective on shares of Dunelm Group in a report on Thursday, October 24th. Berenberg Bank reissued a “buy” rating and set a GBX 1,430 ($17.66) price target on shares of Dunelm Group in a report on Thursday, December 5th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($16.37) price target on shares of Dunelm Group in a report on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 1,251.67 ($15.46).

Dunelm Group Stock Up 0.4 %

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 stock has a market cap of £1.96 billion, a price-to-earnings ratio of 1,310.67, a PEG ratio of -10.32 and a beta of 1.18. The firm’s 50-day simple moving average is GBX 1,079.58 and its two-hundred day simple moving average is GBX 1,150.73.

Insider Transactions at Dunelm Group

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