Domino's Pizza Group's (DOM) "Buy" Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reiterated a "buy" rating for Domino's Pizza Group, setting a target price of GBX 380 ($5.05), indicating a potential upside of 77.49% from its previous close.
• Shore Capital also restated a "buy" rating for the company's shares on the same day, further supporting positive sentiment.
• Domino's Pizza Group's stock opened at GBX 214.10 ($2.85) and has fluctuated between a one-year low of GBX 196.20 and a high of GBX 356, emphasizing the stock's volatility.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Jefferies Financial Group in a report released on Tuesday, MarketBeat reports. They presently have a GBX 380 ($5.11) price target on the stock. Jefferies Financial Group's target price would indicate a potential upside of 83.93% from the stock's current price.

Separately, Shore Capital reaffirmed a "buy" rating on shares of Domino's Pizza Group in a research note on Tuesday, July 8th.

Domino's Pizza Group Trading Up 1.7%

DOM stock traded up GBX 3.40 ($0.05) during midday trading on Tuesday, hitting GBX 206.60 ($2.78). 3,125,640 shares of the company's stock were exchanged, compared to its average volume of 1,954,922. The stock's fifty day moving average price is GBX 249.92 and its 200-day moving average price is GBX 270.47. 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 £806.25 million, a PE ratio of 10.59, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. Domino's Pizza Group has a one year low of GBX 196.20 ($2.64) and a one year high of GBX 356 ($4.79).

Domino's Pizza Group (LON:DOM - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) EPS for the quarter. Domino's Pizza Group had a negative return on equity of 67.25% and a net margin of 11.44%. Research analysts predict that Domino's Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

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