Domino's Pizza Group (LON:DOM) Shares Down 12% After Analyst Downgrade

Key Points

• Domino's Pizza Group shares dropped by 12% on Tuesday, trading as low as GBX 196.20 ($2.61).
• Equities analysts have mixed reviews, with Shore Capital placing the stock under review while Jefferies Financial Group maintains a "buy" rating and sets a price target of GBX 380 ($5.05).
• The company's debt-to-equity ratio is notably high at -562.33, while its market capitalization stands at £826.54 million.

Domino's Pizza Group plc (LON:DOM - Get Free Report) traded down 12% on Tuesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 400 to GBX 309. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Domino's Pizza Group traded as low as GBX 196.20 ($2.64) and last traded at GBX 216.60 ($2.91). 9,960,903 shares were traded during trading, an increase of 413% from the average session volume of 1,940,131 shares. The stock had previously closed at GBX 246 ($3.31).

Several other research firms also recently commented on DOM. Shore Capital reiterated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 ($5.11) price objective on shares of Domino's Pizza Group in a report on Tuesday.

Insider Transactions at Domino's Pizza Group

In related news, insider Ian Bull bought 7,500 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were purchased 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 Up 1.7%

The stock has a 50-day moving average price of GBX 249.92 and a 200-day moving average price of GBX 270.47. 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 company has a market capitalization of £806.25 million, a P/E ratio of 10.59, a P/E/G ratio of 5.24 and a beta of 0.95.

Domino's Pizza Group (LON:DOM - Get Free Report) last released its quarterly earnings results 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%. On average, research analysts predict 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.