Domino's Pizza Group (LON:DOM) Hits New 1-Year Low - Time to Sell?
Domino's Pizza Group (LON:DOM) shares reached a new 52-week low of GBX 196.20 ($2.65) on Friday, closing at GBX 196.70 ($2.66). Analysts have adjusted their target prices, with Deutsche Bank lowering it to GBX 309 and Royal Bank of Canada to GBX 285, while Jefferies maintains a target of GBX 380. The stock has a market cap of £770.34 million and a price-to-earnings ratio of 10.12. Insider buying activity has been noted, with significant purchases made recently. Analysts currently rate the stock as a "Moderate Buy" with a consensus target of GBX 324.67.
Domino's Pizza Group plc (LON:DOM - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as GBX 196.20 ($2.65) and last traded at GBX 196.70 ($2.66), with a volume of 3549246 shares changing hands. The stock had previously closed at GBX 200.60 ($2.71).
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Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Domino's Pizza Group from GBX 400 to GBX 309 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Royal Bank Of Canada reduced their price objective on Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating for the company in a research report on Thursday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 380 target price on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Finally, Shore Capital cut Domino's Pizza Group to a "hold" rating in a research report on Tuesday, August 12th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 324.67.
Read Our Latest Research Report on Domino's Pizza Group
Domino's Pizza Group Stock Performance
The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a market capitalization of £770.34 million, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The stock has a 50-day moving average of GBX 233.99 and a 200 day moving average of GBX 261.31.
Domino's Pizza Group (LON:DOM - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported GBX 8.40 earnings per share (EPS) for the quarter. Domino's Pizza Group had a negative return on equity of 67.25% and a net margin of 11.44%. On average, analysts expect that Domino's Pizza Group plc will post 23.3281005 EPS for the current year.
Insider Activity at Domino's Pizza Group
In other news, insider Ian Bull bought 7,500 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were acquired at an average price of GBX 212 per share, with a total value of £15,900. Also, insider Robyn Perriss bought 290,300 shares of the company's stock in a transaction that occurred on Monday, August 11th. The stock was purchased at an average cost of GBX 210 per share, for a total transaction of £609,630. In the last quarter, insiders have bought 336,150 shares of company stock valued at $70,568,150. 16.56% of the stock is owned by insiders.
About Domino's Pizza Group
(Get Free Report)Domino's Pizza is the UK's leading pizza brand and a major player in the Republic of Ireland. We are part of the global Domino's system, the biggest pizza delivery operator in the world. We hold the exclusive master franchise rights in the UK & Ireland under a long term agreement with Domino's Pizza International Franchising Inc, the international arm of Domino's Pizza Inc, which owns the Domino's brand.
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