Domino's Pizza Group (LON:DOM) Sets New 12-Month Low - Here's What Happened

Key Points

• Domino's Pizza Group's share price reached a new 52-week low of GBX 194.50 ($2.62), marking a significant decline in trading.
• Analyst reports indicate mixed sentiments, with a range of price target adjustments and "hold" ratings from various brokerages, contributing to an average rating of "Moderate Buy" with a price target of GBX 312.50.
• Insider activity reveals significant purchasing, with insiders acquiring a total of 336,150 shares valued at approximately £70,568,150 over the last ninety days, indicating confidence 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 Monday . The stock traded as low as GBX 194.50 ($2.62) and last traded at GBX 195 ($2.63), with a volume of 26287096 shares traded. The stock had previously closed at GBX 196.30 ($2.64).

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DOM. Shore Capital restated a "hold" rating on shares of Domino's Pizza Group in a research report on Monday, September 15th. Royal Bank Of Canada cut their price target on Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating for the company in a report on Thursday, August 7th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 price target on shares of Domino's Pizza Group in a report on Tuesday, August 5th. Peel Hunt reiterated a "buy" rating and issued a GBX 350 price target on shares of Domino's Pizza Group in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft downgraded Domino's Pizza Group to a "hold" rating and cut their price target for the company from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 312.50.

Domino's Pizza Group Trading Down 1.1%

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 business's 50-day simple moving average is GBX 217.64 and its two-hundred day simple moving average is GBX 251.07. The company has a market capitalization of £757.21 million, a PE ratio of 980.81, a PEG ratio of 5.24 and a beta of 0.95.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its quarterly earnings data 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%. On average, analysts predict that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current year.

Insider Buying and Selling at Domino's Pizza Group

In other news, insider Mitesh Patel acquired 38,350 shares of the firm's stock in a transaction on Friday, August 8th. The stock was bought at an average cost of GBX 209 per share, with a total value of £80,151.50. Also, insider Ian Bull acquired 7,500 shares of the firm's stock in a transaction on Tuesday, August 5th. The stock was purchased at an average cost of GBX 212 per share, with a total value of £15,900. Insiders bought a total of 336,150 shares of company stock valued at $70,568,150 in the last ninety days. Insiders own 11.76% 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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