Domino's Pizza Group (LON:DOM) Trading Down 15.6% on Analyst Downgrade

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) dropped 15.6% during 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 207.60 ($2.79). Approximately 12,319,773 shares traded hands during mid-day trading, an increase of 530% from the average daily volume of 1,955,857 shares. The stock had previously closed at GBX 246 ($3.31).

Several other equities analysts also recently weighed in on DOM. Jefferies Financial Group restated a "buy" rating and set a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a report on Tuesday. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating for the company in a report on Tuesday.

Insiders Place Their Bets

In other news, insider Ian Bull acquired 7,500 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average price of GBX 212 ($2.85) per share, with a total value 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 business's fifty day moving average is GBX 248.82 and its 200-day moving average is GBX 269.88. The stock 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 has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of -562.33.

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) earnings per share (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, 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.