Domino's Pizza Group (LON:DOM) Announces Quarterly Earnings Results

Key Points

• Domino's Pizza Group reported quarterly earnings of GBX 8.40 ($0.11) per share, with a negative return on equity of 67.25% and a net margin of 11.44%.
• The company's stock decreased by 16.3% during mid-day trading, closing at GBX 205.80 ($2.74), significantly lower than its 52-week high of GBX 356 ($4.73).
• Analysts have mixed ratings for the stock, with Jefferies maintaining a "buy" rating and a price target of GBX 380 ($5.05), while Shore Capital has placed it "under review."

Domino's Pizza Group (LON:DOM - Get Free Report) issued its earnings results on Tuesday. The company reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%.

Domino's Pizza Group Price Performance

DOM stock traded up GBX 3.40 ($0.05) during midday trading on Thursday, reaching GBX 206.60 ($2.78). The company had a trading volume of 3,125,640 shares, compared to its average volume of 1,954,922. The firm has a 50-day moving average price of GBX 249.92 and a 200-day moving average price of GBX 270.47. The company has a market capitalization of £806.25 million, a P/E ratio of 10.59, a P/E/G ratio of 5.24 and a beta of 0.95. Domino's Pizza Group has a 1 year low of GBX 196.20 ($2.64) and a 1 year high of GBX 356 ($4.79). The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83.

Analyst Ratings Changes

DOM has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reduced their price target on Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating for the company in a research report on Tuesday. Jefferies Financial Group reissued a "buy" rating and set a GBX 380 ($5.11) price objective on shares of Domino's Pizza Group in a research note on Tuesday. Finally, Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday.

Insider Buying and Selling at Domino's Pizza Group

In related news, insider Ian Bull bought 7,500 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average cost of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,382.46). Company insiders own 16.56% of the company's stock.

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.