Domino’s Pizza Group (LON:DOM) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Domino’s Pizza Group plc (LON:DOMGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 190.97 and traded as high as GBX 213.40. Domino’s Pizza Group shares last traded at GBX 212.60, with a volume of 114,990,609 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a GBX 230 target price on shares of Domino’s Pizza Group in a research report on Tuesday, August 18th. Shore Capital Group upgraded shares of Domino’s Pizza Group to a “buy” rating and set a GBX 270 price target for the company in a research note on Friday, August 21st. Peel Hunt reissued a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price objective on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 178 target price on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 224.

View Our Latest Analysis on DOM

Domino’s Pizza Group Price Performance

The company has a debt-to-equity ratio of -656.99, a current ratio of 0.67 and a quick ratio of 0.83. The company has a 50 day moving average price of GBX 195.82 and a 200 day moving average price of GBX 190.97. The firm has a market cap of £810.34 million, a PE ratio of 14.17, a PEG ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOMGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino’s Pizza Group had a net margin of 8.40% and a negative return on equity of 69.64%. Sell-side 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 news, insider Ian Bull bought 15,700 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is currently owned by insiders.

Domino’s Pizza Group Company Profile

(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. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.

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