Dunelm Group (LON:DNLM) Hits New 12-Month Low - Here's What Happened

Dunelm Group plc (LON:DNLM - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 936.98 ($11.79) and last traded at GBX 948.04 ($11.93), with a volume of 250654 shares. The stock had previously closed at GBX 971 ($12.22).

Analyst Upgrades and Downgrades

Several research firms have recently commented on DNLM. Canaccord Genuity Group restated a "buy" rating and set a GBX 1,325 ($16.68) price target on shares of Dunelm Group in a research note on Thursday, October 24th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,430 ($18.00) price objective on shares of Dunelm Group in a research report on Thursday, December 5th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,270 ($15.98) price objective on shares of Dunelm Group in a research report on Tuesday. Finally, Shore Capital reiterated a "not rated" rating on shares of Dunelm Group in a research report on Tuesday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Dunelm Group currently has an average rating of "Moderate Buy" and an average target price of GBX 1,242.50 ($15.64).

Dunelm Group Price Performance

The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The company has a market cap of £2.05 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a fifty day simple moving average of GBX 1,027.78 and a two-hundred day simple moving average of GBX 1,129.95.

Dunelm Group (LON:DNLM - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.57) 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 research analysts anticipate 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.