Domino's Pizza Group (LON:DOM) Stock Price Down 15.6% - Here's What Happened

Key Points

• Domino's Pizza Group plc's stock price has fallen 15.6%, trading as low as GBX 196.20 ($2.61) during the day.
• Brokerages have set new price targets, with Jefferies Financial Group assigning a price objective of GBX 380 ($5.05) and Shore Capital placing the stock "under review."
• The company reported a negative return on equity of 67.25% and a net margin of 11.44% for its recent quarter earnings.

Domino's Pizza Group plc (LON:DOM - Get Free Report) fell 15.6% on Tuesday . The stock traded as low as GBX 196.20 ($2.62) and last traded at GBX 207.60 ($2.77). 12,319,773 shares changed hands during mid-day trading, an increase of 530% from the average session volume of 1,955,857 shares. The stock had previously closed at GBX 246 ($3.29).

Analyst Upgrades and Downgrades

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

Domino's Pizza Group Trading Up 0.2%

The stock has a market cap of £792.98 million, a PE 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 quick ratio of 0.83 and a current ratio of 0.86. The business has a 50-day moving average of GBX 251.02 and a 200 day moving average of GBX 271.08.

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) 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 research analysts predict that Domino's Pizza Group plc will post 23.3281005 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Ian Bull bought 7,500 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average price of GBX 212 ($2.83) per share, for a total transaction of £15,900 ($21,239.65). 16.56% of the stock is owned by corporate insiders.

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.