Dunelm Group (LON:DNLM) Reaches New 1-Year Low - Here's What Happened

Dunelm Group plc (LON:DNLM - Get Free Report) shares hit 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 trading hands. The stock had previously closed at GBX 1,030 ($12.53).

Wall Street Analyst Weigh In

DNLM has been the topic of a number of research reports. Berenberg Bank restated a "buy" rating and issued a GBX 1,430 ($17.40) price target on shares of Dunelm Group in a research note on Thursday, December 5th. Canaccord Genuity Group restated a "buy" rating and set a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,325 ($16.12) price target on shares of Dunelm Group in a research report on Thursday. JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,140 ($13.87) to GBX 1,170 ($14.24) and gave the stock a "neutral" rating in a report on Tuesday, September 24th. Finally, Shore Capital reissued a "not rated" rating on shares of Dunelm Group in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,251.67 ($15.23).

Dunelm Group Stock Performance

The firm has a market capitalization of £1.97 billion, a PE ratio of 1,315.54, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. 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 business's fifty day simple moving average is GBX 1,088.29 and its 200-day simple moving average is GBX 1,152.05.

Insiders Place Their Bets

In other news, insider Nick Wilkinson sold 28,236 shares of the business's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 1,161 ($14.13), for a total value of £327,819.96 ($398,856.26). Also, insider Karen Witts bought 8,375 shares of the firm's stock in a transaction dated Thursday, October 31st. The shares were acquired at an average price of GBX 1,126 ($13.70) per share, for a total transaction of £94,302.50 ($114,737.19). Corporate insiders own 34.28% of the company's stock.

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.