Domino's Pizza Group (LON:DOM) Reaches New 1-Year Low - Here's What Happened

Key Points

• Domino's Pizza Group shares recently reached a new 52-week low of GBX 196.20 ($2.65), with a trading volume of approximately 3.5 million shares.
• Equities analysts have provided mixed ratings for the stock, with target prices ranging from GBX 285 to GBX 400, resulting in an average rating of "Moderate Buy" and a consensus price target of GBX 324.67.
• Insider transactions have been notable, with several purchases totaling over £625,000 in the last quarter, indicating confidence in the company's future performance.

Shares of Domino's Pizza Group plc (LON:DOM - Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as GBX 196.20 ($2.65) and last traded at GBX 196.70 ($2.66), with a volume of 3549246 shares. The stock had previously closed at GBX 200.60 ($2.71).

Analyst Upgrades and Downgrades

A number of research firms recently commented on DOM. Shore Capital cut shares of Domino's Pizza Group to a "hold" rating in a research note on Tuesday, August 12th. Jefferies Financial Group restated a "buy" rating and issued a GBX 380 price target on shares of Domino's Pizza Group in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Domino's Pizza Group from GBX 400 to GBX 309 and set a "buy" rating for the company in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada reduced their price objective on shares of Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating for the company in a research note on Thursday, August 7th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Domino's Pizza Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 324.67.

Domino's Pizza Group Stock Performance

The company has a market cap of £764.51 million, a PE ratio of 856.58, a P/E/G ratio of 5.24 and a beta of 0.95. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of -562.33. The firm's 50-day simple moving average is GBX 232.77 and its two-hundred day simple moving average is GBX 260.19.

Domino's Pizza Group (LON:DOM - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported GBX 8.40 earnings per share for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. As a group, research analysts anticipate that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Domino's Pizza Group news, insider Mitesh Patel acquired 38,350 shares of the company's stock in a transaction dated Friday, August 8th. The shares were acquired at an average cost of GBX 209 per share, with a total value of £80,151.50. Also, insider Robyn Perriss acquired 290,300 shares of the company's stock in a transaction dated Monday, August 11th. The stock was acquired at an average cost of GBX 210 per share, for a total transaction of £609,630. In the last quarter, insiders have purchased 336,150 shares of company stock valued at $70,568,150. 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.