Domino's Pizza Group (LON:DOM) Shares Down 17.6% - Time to Sell?

Key Points

• Domino's Pizza Group shares plummeted 17.6% to a last traded price of GBX 202.80 ($2.70) amid significantly increased trading volume, over 432% above the average.
• Analysts have mixed views, with Jefferies Financial Group maintaining a "buy" rating and a price target of GBX 380 ($5.05), while Shore Capital placed the stock "under review."
• Insider transactions show confidence, as Ian Bull purchased 7,500 shares at GBX 212 ($2.82), contributing to the 16.56% insider ownership in the company.

Shares of Domino's Pizza Group plc (LON:DOM - Get Free Report) were down 17.6% on Tuesday . The stock traded as low as GBX 196.20 ($2.64) and last traded at GBX 202.80 ($2.73). Approximately 10,334,716 shares changed hands during trading, an increase of 432% from the average daily volume of 1,942,623 shares. The stock had previously closed at GBX 246 ($3.31).

Analyst Ratings Changes

DOM has been the subject of several research reports. Deutsche Bank Aktiengesellschaft dropped 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 research report on Tuesday. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday. Royal Bank Of Canada dropped their target price on Domino's Pizza Group from GBX 350 ($4.71) to GBX 285 ($3.83) and set an "outperform" rating for the company in a report on Thursday. Finally, Jefferies Financial Group restated a "buy" rating and issued a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a report on Tuesday.

Domino's Pizza Group Trading Down 0.4%

The company has a market capitalization 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. The company has a fifty day simple moving average of GBX 249.92 and a 200-day simple moving average of GBX 270.47.

Domino's Pizza Group (LON:DOM - Get Free Report) last released 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%. Analysts predict that Domino's Pizza Group plc will post 23.3281005 EPS for the current year.

Insider Buying and Selling at Domino's Pizza Group

In other Domino's Pizza Group news, insider Ian Bull purchased 7,500 shares of the stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average cost of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,382.46). Corporate 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.