Domino's Pizza Group (LON:DOM) Reaches New 52-Week 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) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 194.50 ($2.63) and last traded at GBX 195 ($2.64), with a volume of 26287096 shares traded. The stock had previously closed at GBX 196.30 ($2.65).

Analyst Upgrades and Downgrades

DOM has been the subject of a number of recent research reports. Jefferies Financial Group restated a "buy" rating and issued a GBX 380 target price on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lowered Domino's Pizza Group to a "hold" rating and cut their price objective for the company from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Shore Capital reiterated a "hold" rating on shares of Domino's Pizza Group in a research report on Monday, September 15th. Peel Hunt reaffirmed a "buy" rating and set a GBX 350 price target on shares of Domino's Pizza Group in a report on Thursday, September 18th. Finally, Royal Bank Of Canada dropped their target price 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 312.50.

Domino's Pizza Group Stock Performance

The firm has a market cap of £768.13 million, a price-to-earnings ratio of 994.95, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. 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 firm's 50 day moving average is GBX 216.58 and its 200-day moving average is GBX 250.43.

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 (EPS) for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. Sell-side analysts anticipate that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Ian Bull bought 7,500 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was bought at an average price of GBX 212 per share, for a total transaction of £15,900. Also, insider Robyn Perriss acquired 290,300 shares of the company's stock in a transaction on Monday, August 11th. The stock was acquired at an average price of GBX 210 per share, with a total value of £609,630. Insiders bought a total of 336,150 shares of company stock valued at $70,568,150 in the last quarter. Company 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.