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

Shares of Domino’s Pizza Group plc (LON:DOM) hit 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 changing hands. The stock had previously closed at GBX 187.

Analysts Set New Price Targets

DOM has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Domino’s Pizza Group to a “hold” rating and cut their price target for the company from GBX 309 to GBX 235 in a research report on Tuesday, September 16th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 380 price target on shares of Domino’s Pizza Group 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 report on Thursday, August 7th. Shore Capital reaffirmed a “hold” rating on shares of Domino’s Pizza Group in a research report on Tuesday. Finally, Peel Hunt restated a “buy” rating and set a GBX 350 price objective on shares of Domino’s Pizza Group in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Domino’s Pizza Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 312.50.

Domino’s Pizza Group Stock Performance

The company’s 50 day simple moving average is GBX 197.63 and its 200 day simple moving average is GBX 230.75. 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 stock has a market cap of £685.75 million, a PE ratio of 9.08, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95.

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

Insiders Place Their Bets

In related news, insider Robyn Perriss purchased 290,300 shares of the business’s stock in a transaction on Monday, August 11th. The stock was acquired at an average price of GBX 210 per share, with a total value of £609,630. Also, insider Ian Bull bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was purchased at an average cost of GBX 197 per share, with a total value of £9,850. 13.70% of the stock is currently owned by corporate 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.