Dunelm Group (LON:DNLM) Hits New 1-Year Low – Time to Sell?

Shares of Dunelm Group plc (LON:DNLM) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 845.10 ($10.89) and last traded at GBX 852.50 ($10.99), with a volume of 8161 shares traded. The stock had previously closed at GBX 878.50 ($11.32).

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DNLM shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,270 ($16.37) price objective on shares of Dunelm Group in a research note on Tuesday, February 11th. Shore Capital restated a “not rated” rating on shares of Dunelm Group in a report on Tuesday, February 11th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,242.50 ($16.02).

Dunelm Group Price Performance

The company’s 50-day simple moving average is GBX 955.32 and its 200 day simple moving average is GBX 1,060.05. The company has a market capitalization of £1.70 billion, a P/E ratio of 11.25, a P/E/G ratio of -10.32 and a beta of 1.18. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.

Dunelm Group (LON:DNLM) last issued its quarterly earnings data on Tuesday, February 11th. The company reported GBX 45.20 ($0.58) earnings per share (EPS) for the quarter. Dunelm Group had a net margin of 8.86% and a return on equity of 96.64%. As a group, sell-side analysts expect that Dunelm Group plc will post 77.0957096 earnings per share for the current fiscal year.

About Dunelm Group

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.