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

Key Points

• Domino's Pizza Group's stock price plummeted 15.2% during trading, with shares trading as low as GBX 196.20 ($2.61) and last at GBX 208.53 ($2.77).
• Jefferies Financial Group maintained a "buy" rating with a target price of GBX 380 ($5.05), while Shore Capital has placed the stock "under review."
• The company has a market capitalization of £826.54 million, with a price-to-earnings ratio of 10.86 and a significant debt-to-equity ratio of -562.33.

Domino's Pizza Group plc (LON:DOM - Get Free Report) shares traded down 15.2% 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 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 research firms have also weighed in on DOM. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday. Jefferies Financial Group reissued a "buy" rating and issued a GBX 380 ($5.11) price target on shares of Domino's Pizza Group in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating on the stock in a report on Tuesday.

Insider Activity

In related 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 bought at an average cost of GBX 212 ($2.85) per share, with a total value of £15,900 ($21,382.46). 16.56% of the stock is currently owned by corporate insiders.

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 firm has a market capitalization of £803.13 million, a PE ratio of 10.55, a P/E/G ratio of 5.24 and a beta of 0.95. The company's fifty day simple moving average is GBX 249.92 and its 200 day simple moving average is GBX 270.47.

Domino's Pizza Group (LON:DOM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) EPS for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. As a group, equities research analysts expect that Domino's Pizza Group plc will post 23.3281005 EPS for the current fiscal year.

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.