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

Key Points

• Domino's Pizza Group's stock reached a new 52-week low of GBX 186.95 ($2.49) amidst a trading volume of over 1.5 million shares.
• Equities analysts have given the stock mixed ratings, with a majority rating it as a "Moderate Buy" but several recent downgrades, lowering price targets to a range between GBX 235 and GBX 285.
• Insider purchases totaled 341,150 shares valued at £609,630 over the past 90 days, indicating potential confidence among executives in the company's future.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 186.95 ($2.49) and last traded at GBX 186.95 ($2.49), with a volume of 1520811 shares traded. The stock had previously closed at GBX 188.50 ($2.51).

Analyst Ratings Changes

Several equities research analysts recently issued reports on DOM shares. Shore Capital reiterated a "hold" rating on shares of Domino's Pizza Group in a report on Monday, September 15th. Deutsche Bank Aktiengesellschaft downgraded Domino's Pizza Group to a "hold" rating and decreased their price target for the stock from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 380 price objective on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Peel Hunt reissued a "buy" rating and issued a GBX 350 price objective on shares of Domino's Pizza Group in a research report on Thursday, September 18th. Finally, Royal Bank Of Canada cut their price objective on 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. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 312.50.

Domino's Pizza Group Stock Performance

The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of -562.33. The company has a 50-day simple moving average of GBX 201.59 and a two-hundred day simple moving average of GBX 240.35. The firm has a market cap of £715.63 million, a PE ratio of 946.97, a PEG ratio of 5.24 and a beta of 0.95.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its quarterly earnings results 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%. As a group, equities research analysts forecast that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current year.

Insider Activity

In other news, insider Robyn Perriss purchased 290,300 shares of the company's stock in a transaction dated Monday, August 11th. The shares were purchased at an average price of GBX 210 per share, with a total value of £609,630. Also, insider Mitesh Patel purchased 38,350 shares of the company's stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of GBX 209 per share, for a total transaction of £80,151.50. Insiders have bought 341,150 shares of company stock valued at $71,553,150 in the last 90 days. Insiders own 13.67% 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.

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