Domino's Pizza Group (LON:DOM) Trading Down 16.3% - Time to Sell?

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)'s share price traded down 16.3% during mid-day trading on Tuesday . The company traded as low as GBX 196.20 ($2.61) and last traded at GBX 205.80 ($2.74). 12,922,113 shares were traded during mid-day trading, an increase of 559% from the average session volume of 1,959,872 shares. The stock had previously closed at GBX 246 ($3.27).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group reissued a "buy" rating and issued a GBX 380 ($5.05) price target on shares of Domino's Pizza Group in a research note on Tuesday. Shore Capital restated an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday.

Domino's Pizza Group Stock Down 17.6%

The firm has a 50-day moving average of GBX 253.47 and a 200 day moving average of GBX 272.03. The stock has a market capitalization of £791.42 million, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. 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 issued 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 negative return on equity of 67.25% and a net margin of 11.44%. On average, sell-side analysts anticipate that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current year.

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 dated Tuesday, August 5th. The shares were bought at an average cost of GBX 212 ($2.82) per share, with a total value of £15,900 ($21,132.38). Company insiders own 16.56% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.