Domino's Pizza Group (LON:DOM) Trading Down 15.2% After Analyst Downgrade

Key Points

• Domino's Pizza Group's shares fell 15.2% on Tuesday, trading as low as GBX 196.20 ($2.61), with a notable increase in trading volume of 8,196,708 shares, up 325% from the average.
• Analysts have given mixed ratings, with Shore Capital maintaining an "under review" rating, while Jefferies Financial Group reaffirmed a "buy" rating with a target price of GBX 380 ($5.05).
• The company has a market capitalization of £826.54 million and is a leading pizza brand in the UK and Ireland, holding exclusive franchise rights under Domino's Pizza International Franchising Inc.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s stock price traded down 15.2% during trading on Tuesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 400 to GBX 309. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Domino's Pizza Group traded as low as GBX 196.20 ($2.64) and last traded at GBX 208.53 ($2.80). 8,196,708 shares traded hands during trading, an increase of 325% from the average session volume of 1,928,370 shares. The stock had previously closed at GBX 246 ($3.31).

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group reissued a "buy" rating and set a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a research report on Tuesday. Shore Capital reaffirmed an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday.

Insiders Place Their Bets

In other Domino's Pizza Group news, insider Ian Bull purchased 7,500 shares of the business'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). Insiders own 16.56% of the company's stock.

Domino's Pizza Group Trading Up 1.7%

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 firm has a market cap of £806.25 million, a P/E ratio of 10.59, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The business's 50 day moving average is GBX 249.92 and its 200-day moving average is GBX 270.47.

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 ($0.11) earnings per share 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, analysts forecast that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

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.