Domino's Pizza Group (LON:DOM) Stock Price Down 16.3% Following Analyst Downgrade

Key Points

• Domino's Pizza Group's share price experienced a significant decline of 16.3%, trading down to GBX 205.80 ($2.74) during mid-day trading.
• Analysts are mixed on the stock's future; Jefferies Financial Group maintains a "buy" rating with a price target of GBX 380 ($5.05), while Shore Capital has placed the stock "under review."
• In recent insider transactions, Ian Bull purchased 7,500 shares at an average cost of GBX 212 ($2.82) each, indicating confidence in the company's long-term prospects.

Domino's Pizza Group plc (LON:DOM - Get Free Report) dropped 16.3% 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 205.80 ($2.77). Approximately 12,922,113 shares changed hands during trading, an increase of 559% from the average daily volume of 1,959,872 shares. The stock had previously closed at GBX 246 ($3.31).

DOM has been the subject of several other research reports. Shore Capital reiterated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered 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. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a report on Tuesday.

Insider Activity at Domino's Pizza Group

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 bought at an average cost of GBX 212 ($2.85) per share, for a total transaction 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 firm has a market capitalization of £803.13 million, a P/E ratio of 10.55, a price-to-earnings-growth 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. The firm's 50-day simple moving average is GBX 248.82 and its 200-day simple moving average is GBX 269.72.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) EPS for the quarter. Domino's Pizza Group had a net margin of 11.44% and a negative return on equity of 67.25%. Analysts anticipate that Domino's Pizza Group plc will post 23.3281005 EPS 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.