Domino's Pizza Group (LON:DOM) Stock Price Down 14.9% After Analyst Downgrade

Key Points

• Domino's Pizza Group shares fell by 14.9% during trading, closing at GBX 209.27 ($2.78) after reaching a low of GBX 196.20 ($2.61), with trading volume surging to approximately 11.5 million shares—488% above average.
• Analyst ratings are mixed, with Shore Capital maintaining an "under review" rating while Jefferies Financial Group continues to hold a "buy" rating with a price target of GBX 380 ($5.05).
• Domino's reported a quarterly earnings per share of GBX 8.40 ($0.11), a net margin of 11.44%, and a negative return on equity of 67.25%.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s share price dropped 14.9% during mid-day trading 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 209.27 ($2.81). Approximately 11,464,634 shares traded hands during mid-day trading, an increase of 488% from the average daily volume of 1,950,156 shares. The stock had previously closed at GBX 246 ($3.31).

DOM has been the topic of several other reports. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a research report on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 380 ($5.11) price objective on shares of Domino's Pizza Group in a research note on Tuesday.

Insider Transactions at Domino's Pizza Group

In other news, insider Ian Bull purchased 7,500 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average price of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,382.46). 16.56% of the stock is currently owned by insiders.

Domino's Pizza Group Trading Up 1.7%

The firm has a market capitalization of £806.25 million, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The company has a fifty day moving average price of GBX 249.92 and a 200-day moving average price of GBX 270.47. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of -562.33.

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 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, equities research analysts predict that Domino's Pizza Group plc will post 23.3281005 EPS for the current 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.