Shore Capital Reiterates Hold Rating for Domino's Pizza Group (LON:DOM)

Key Points

• Domino's Pizza Group has been given a "hold" rating by Shore Capital, while Deutsche Bank cut its target price from GBX 400 to GBX 309, rating it as a "buy".
• Domino's shares saw a 7.9% increase, opening at GBX 210.80, with a market capitalization of £825.18 million.
• Recent insider activity included significant share purchases, with insiders acquiring a combined total of 336,150 shares valued at around £80,151.50 over the last three months.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "hold" rating restated by investment analysts at Shore Capital in a research note issued on Monday, Marketbeat Ratings reports.

DOM has been the topic of several other research reports. Royal Bank Of Canada reduced their price target on shares of Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating on the stock in a research report on Thursday, August 7th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 380 price target on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Domino's Pizza Group from GBX 400 to GBX 309 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 324.67.

Domino's Pizza Group Price Performance

Shares of LON DOM traded up GBX 1.80 during trading hours on Monday, hitting GBX 207.20. 2,793,268 shares of the stock were exchanged, compared to its average volume of 1,954,358. 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 company has a market cap of £811.09 million, a PE ratio of 908.77, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The company's fifty day simple moving average is GBX 229.85 and its two-hundred day simple moving average is GBX 258.85. Domino's Pizza Group has a 1-year low of GBX 195.30 and a 1-year high of GBX 356.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported GBX 8.40 earnings per share (EPS) for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. On average, sell-side analysts predict that Domino's Pizza Group will post 23.3281005 EPS for the current year.

Insider Buying and Selling at Domino's Pizza Group

In related news, insider Mitesh Patel bought 38,350 shares of the business's stock in a transaction on Friday, August 8th. The shares were purchased at an average price of GBX 209 per share, for a total transaction of £80,151.50. Also, insider Robyn Perriss purchased 290,300 shares of the business's stock in a transaction dated Monday, August 11th. The shares were acquired at an average price of GBX 210 per share, for a total transaction of £609,630. Insiders have purchased 336,150 shares of company stock worth $70,568,150 over the last quarter. Corporate insiders own 11.76% 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.