Domino's Pizza Group (LON:DOM) Shares Down 17.6% - What's Next?

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) traded 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). 10,334,716 shares changed hands during trading, an increase of 432% from the average session volume of 1,942,623 shares. The stock had previously closed at GBX 246 ($3.31).

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a research note on Tuesday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 ($5.11) price objective on shares of Domino's Pizza Group in a research note on Tuesday. Royal Bank Of Canada reduced their price objective 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 research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective 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 note on Tuesday.

Domino's Pizza Group Stock Performance

The company has a debt-to-equity ratio of -562.33, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a 50 day simple moving average of GBX 248.82 and a two-hundred day simple moving average of GBX 269.88. The company 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.

Domino's Pizza Group (LON:DOM - Get Free Report) last released 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 negative return on equity of 67.25% and a net margin of 11.44%. Equities analysts predict that Domino's Pizza Group plc will post 23.3281005 EPS for the current year.

Insiders Place Their Bets

In other Domino's Pizza Group news, insider Ian Bull acquired 7,500 shares of the company's stock in a transaction that occurred on 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 corporate insiders.

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.