Domino's Pizza Group (LON:DOM) Trading 10.1% Higher - Time to Buy?

Key Points

• Shares jumped 10.1% to GBX 202 (intraday high GBX 203) on Thursday, with about 2.06 million shares traded—roughly 63% below the stock's average daily volume.
• Analyst sentiment is mixed: the consensus rating is "Hold" with an average price target of GBX 270, while three analysts rate it Buy, one Hold and one Sell, and firms including RBC and Deutsche Bank recently cut price targets or downgraded the stock.
• Key fundamentals show a market cap of £769.9M and PE of 13.47 but a negative return on equity (-68.82%) and tight liquidity (current ratio 0.84); an insider (Ian Bull) bought 13,000 shares at GBX 195 and insiders now own 13.72%.

Domino's Pizza Group plc (LON:DOM - Get Free Report) rose 10.1% on Thursday . The stock traded as high as GBX 203 and last traded at GBX 202. Approximately 2,064,759 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 5,595,894 shares. The stock had previously closed at GBX 183.40.

Wall Street Analyst Weigh In

Several research firms have commented on DOM. Shore Capital Group restated a "hold" rating on shares of Domino's Pizza Group in a report on Thursday. Royal Bank Of Canada cut their price target on Domino's Pizza Group from GBX 285 to GBX 250 and set an "outperform" rating on the stock in a report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft downgraded Domino's Pizza Group to a "sell" rating and cut their price target for the company from GBX 235 to GBX 175 in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of GBX 270.

Domino's Pizza Group Trading Up 10.1%

The firm has a market cap of £769.94 million, a PE ratio of 13.47, a P/E/G ratio of 5.24 and a beta of 1.17. The company has a 50 day simple moving average of GBX 186.12 and a two-hundred day simple moving average of GBX 183.18. The company has a debt-to-equity ratio of -622.08, a quick ratio of 0.83 and a current ratio of 0.84.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 17.60 earnings per share (EPS) for the quarter. Domino's Pizza Group had a negative return on equity of 68.82% and a net margin of 8.55%. Analysts expect that Domino's Pizza Group plc will post 23.3281005 EPS for the current fiscal year.

Insiders Place Their Bets

In other Domino's Pizza Group news, insider Ian Bull purchased 13,000 shares of Domino's Pizza Group stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of GBX 195 per share, with a total value of £25,350. Insiders own 13.72% of the company's stock.

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. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.

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