Domino's Pizza Group (LON:DOM) Shares Down 17.6% - Here's What Happened

Key Points

• Domino's Pizza Group's share price fell by 17.6%, trading as low as GBX 196.20 ($2.61) during the day, significantly below its previous close of GBX 246 ($3.27).
• Analysts have set varying ratings, with **Jefferies Financial Group** maintaining a "buy" rating and a price target of GBX 380 ($5.05), while **Shore Capital** has left its rating "under review".
• Insider Ian Bull purchased 7,500 shares at an average cost of GBX 212 ($2.82), indicating ongoing confidence in the company amid stock price volatility.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s share price was down 17.6% during mid-day trading on Tuesday . The company traded as low as GBX 196.20 ($2.64) and last traded at GBX 202.80 ($2.73). Approximately 10,334,716 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 1,942,623 shares. The stock had previously closed at GBX 246 ($3.31).

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DOM shares. Shore Capital reissued an "under review" rating on shares of Domino's Pizza Group in a research note on Tuesday. Royal Bank Of Canada lowered their target price on shares of Domino's Pizza Group from GBX 350 ($4.71) to GBX 285 ($3.83) and set an "outperform" rating on the stock in a research note on Thursday. 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 on the stock in a research note on Tuesday. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a research note on Tuesday.

Domino's Pizza Group Price Performance

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 stock's fifty day moving average is GBX 248.82 and its 200-day moving average is GBX 269.88. The stock has a market cap of £803.13 million, a PE ratio of 10.55, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its 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%. As a group, equities analysts anticipate that Domino's Pizza Group plc will post 23.3281005 EPS for the current year.

Insider Transactions at Domino's Pizza Group

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

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.