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 share price fell 15.2% during trading on Tuesday after Royal Bank Of Canada lowered their price target on the stock from GBX 350 to GBX 285. Royal Bank Of Canada currently has an outperform 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 were traded during mid-day 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 research firms have also commented on DOM. Shore Capital reaffirmed an "under review" rating on shares of Domino's Pizza Group in a research note on Tuesday. Jefferies Financial Group restated a "buy" rating and set a GBX 380 ($5.11) price objective on shares of Domino's Pizza Group in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating for the company in a report on Tuesday.

Insider Transactions at Domino's Pizza Group

In other news, insider Ian Bull purchased 7,500 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average price of GBX 212 ($2.85) per share, with a total value of £15,900 ($21,385.34). 16.56% of the stock is owned by company insiders.

Domino's Pizza Group Price Performance

The business has a 50-day moving average price of GBX 248.82 and a 200 day moving average price of GBX 269.88. The stock has a market cap of £803.13 million, a PE ratio of 10.55, a PEG ratio of 5.24 and a beta of 0.95. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of -562.33.

Domino's Pizza Group (LON:DOM - Get Free Report) last announced its 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, research 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.