Domino's Pizza Group (LON:DOM) Stock Price Down 14.9% on 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) traded down 14.9% during mid-day 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 209.27 ($2.81). 11,464,634 shares changed hands during trading, an increase of 488% from the average session 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. Jefferies Financial Group restated a "buy" rating and issued a GBX 380 ($5.11) price target on shares of Domino's Pizza Group in a research note on Tuesday. Shore Capital reaffirmed an "under review" rating on shares of Domino's Pizza Group in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Domino's Pizza Group from GBX 400 ($5.38) to GBX 309 ($4.16) and set a "buy" rating for the company in a research note on Tuesday.

Insider Buying and Selling

In related news, insider Ian Bull bought 7,500 shares of the business's stock in a transaction on Tuesday, August 5th. The stock was acquired at an average price of GBX 212 ($2.85) per share, for a total transaction of £15,900 ($21,385.34). 16.56% of the stock is currently owned by company insiders.

Domino's Pizza Group Stock Down 0.4%

The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of -562.33. The stock has a 50 day simple moving average of GBX 248.82 and a 200 day simple moving average of GBX 269.88. The firm has a market capitalization of £803.13 million, a PE ratio of 10.55, a PEG ratio of 5.24 and a beta of 0.95.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) earnings per share for the quarter. Domino's Pizza Group had a negative return on equity of 67.25% and a net margin of 11.44%. As a group, sell-side analysts forecast that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current year.

About Domino's Pizza Group

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.