Domino's Pizza Group (LON:DOM) Trading Down 16.2% - Here's What Happened

Key Points

• Domino's Pizza Group shares fell 16.2%, trading between GBX 196.20 ($2.61) and GBX 206.20 ($2.74) amidst a surge in trading volume, increasing by 529% from the average.
• Analysts have mixed views, with Jefferies reaffirming a "buy" rating and setting a target price of GBX 380 ($5.05), while Shore Capital has issued an "under review" rating.
• The company's performance metrics show a market capitalization of £810.15 million and significant challenges, reflected in a negative return on equity of 67.25%.

Domino's Pizza Group plc (LON:DOM - Get Free Report) shares were down 16.2% on Tuesday . The company traded as low as GBX 196.20 ($2.62) and last traded at GBX 206.20 ($2.75). Approximately 12,303,756 shares traded hands during mid-day trading, an increase of 529% from the average daily volume of 1,955,750 shares. The stock had previously closed at GBX 246 ($3.29).

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 ($5.08) price target on shares of Domino's Pizza Group in a research report on Tuesday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Domino's Pizza Group from GBX 400 ($5.34) to GBX 309 ($4.13) and set a "buy" rating on the stock in a report on Tuesday. Finally, Shore Capital reiterated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday.

Domino's Pizza Group Stock Performance

The firm's fifty day moving average is GBX 251.02 and its 200 day moving average is GBX 271.08. The firm has a market capitalization of £792.98 million, a price-to-earnings ratio of 10.42, a PEG ratio of 5.24 and a beta of 0.95. The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83.

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 (EPS) 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 EPS for the current fiscal year.

Insider Activity at Domino's Pizza Group

In other 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 cost of GBX 212 ($2.83) per share, for a total transaction of £15,900 ($21,239.65). 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.