Domino’s Pizza Group (LON:DOM) Hits New 1-Year Low – Time to Sell?

Domino’s Pizza Group plc (LON:DOM) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 182 and last traded at GBX 185.40, with a volume of 1134109 shares. The stock had previously closed at GBX 187.

Analyst Ratings Changes

DOM has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft cut Domino’s Pizza Group to a “hold” rating and cut their price objective for the stock from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Shore Capital reissued a “hold” rating on shares of Domino’s Pizza Group in a research report on Tuesday. Peel Hunt restated a “buy” rating and set a GBX 350 target price on shares of Domino’s Pizza Group in a research report on Tuesday. Jefferies Financial Group restated a “buy” rating and issued a GBX 380 target price on shares of Domino’s Pizza Group in a research note on Tuesday, August 5th. Finally, Royal Bank Of Canada cut their price objective on shares of Domino’s Pizza Group from GBX 350 to GBX 285 and set an “outperform” rating on the stock in a research note on Thursday, August 7th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 312.50.

Domino’s Pizza Group Trading Down 0.1%

The company’s 50-day moving average price is GBX 198.31 and its 200-day moving average price is GBX 231.40. The firm has a market cap of £712.78 million, a price-to-earnings ratio of 9.43, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of -562.33.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings results on Tuesday, August 5th. The company reported GBX 8.40 earnings per share for the quarter. Domino’s Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. Equities analysts expect that Domino’s Pizza Group plc will post 23.3281005 EPS for the current fiscal year.

Insider Buying and Selling at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Mitesh Patel purchased 38,350 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average price of GBX 209 per share, for a total transaction of £80,151.50. Also, insider Ian Bull purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were acquired at an average price of GBX 197 per share, with a total value of £9,850. In the last three months, insiders have bought 333,650 shares of company stock valued at $69,963,150. Insiders own 13.67% of the company’s stock.

Domino’s Pizza Group Company Profile

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.