Domino's Pizza Group (LON:DOM) Trading Down 15.2% Following 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)'s stock price fell 15.2% during mid-day 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 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 analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their target price on 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. Jefferies Financial Group reaffirmed 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, Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday.

Insider Activity at Domino's Pizza Group

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 stock was bought at an average price of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,385.34). Company insiders own 16.56% of the company's stock.

Domino's Pizza Group Trading Down 0.4%

The stock has a fifty day moving average of GBX 248.82 and a 200-day moving average of GBX 269.88. The company has a debt-to-equity ratio of -562.33, a quick ratio of 0.83 and a current ratio of 0.86. 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 issued 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%. Sell-side analysts anticipate 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.