Domino’s Pizza Group (LON:DOM) Sets New 12-Month Low – What’s Next?

Domino’s Pizza Group plc (LON:DOM)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 164.60 and last traded at GBX 167.20, with a volume of 2886736 shares. The stock had previously closed at GBX 171.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Jefferies Financial Group reaffirmed 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. Deutsche Bank Aktiengesellschaft lowered shares of Domino’s Pizza Group to a “hold” rating and cut their price target for the stock from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Shore Capital reaffirmed a “hold” rating on shares of Domino’s Pizza Group in a research note on Tuesday, November 4th. Peel Hunt reissued a “buy” rating and issued a GBX 350 target price on shares of Domino’s Pizza Group in a research note on Tuesday, November 4th. Finally, Royal Bank Of Canada reduced their price target on Domino’s Pizza Group from GBX 350 to GBX 285 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Domino’s Pizza Group presently has an average rating of “Moderate Buy” and an average target price of GBX 312.50.

Domino’s Pizza Group Trading Down 3.4%

The company has a debt-to-equity ratio of -562.33, a quick ratio of 0.83 and a current ratio of 0.86. The firm has a market cap of £630.68 million, a PE ratio of 8.35, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The stock has a 50-day simple moving average of GBX 190.24 and a two-hundred day simple moving average of GBX 222.19.

Insider Buying and Selling at Domino’s Pizza Group

In related news, insider Ian Bull acquired 5,000 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were bought at an average price of GBX 197 per share, for a total transaction of £9,850. 13.70% of the stock is owned by insiders.

About Domino’s Pizza Group

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.