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

Dunelm Group plc (LON:DNLM)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 954.50 ($11.61) and last traded at GBX 955 ($11.62), with a volume of 1554281 shares changing hands. The stock had previously closed at GBX 1,030 ($12.53).

Analyst Ratings Changes

A number of research analysts recently commented on the company. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a report on Thursday. Shore Capital reaffirmed a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.24) and gave the company a “neutral” rating in a research report on Tuesday, September 24th. Berenberg Bank restated a “buy” rating and issued a GBX 1,430 ($17.40) target price on shares of Dunelm Group in a research report on Thursday, December 5th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,251.67 ($15.23).

Dunelm Group Price Performance

The firm has a market capitalization of £1.97 billion, a P/E ratio of 1,315.54, a P/E/G ratio of -10.32 and a beta of 1.18. The business’s fifty day moving average is GBX 1,088.29 and its 200 day moving average is GBX 1,152.05. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Insider Buying and Selling at Dunelm Group

In other news, insider Karen Witts purchased 8,375 shares of Dunelm Group stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of GBX 1,126 ($13.70) per share, for a total transaction of £94,302.50 ($114,737.19). 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 ($14.13), for a total value of £327,819.96 ($398,856.26). 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.