Domino's Pizza Group (LON:DOM) Trading Down 17.6% Following Analyst Downgrade

Key Points

• Domino's Pizza Group shares dropped 17.6% during trading, reaching a low of GBX 196.20 ($2.61) from a previous close of GBX 246 ($3.27).
• Analysts at Jefferies Financial Group maintained a "buy" rating with a price target of GBX 380 ($5.05), while Shore Capital placed the stock "under review."
• Insider transactions revealed that Ian Bull purchased 7,500 shares at an average cost of GBX 212 ($2.82), with insiders holding 16.56% of the company's stock.

Domino's Pizza Group plc (LON:DOM - Get Free Report) shares fell 17.6% on Wednesday 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 202.80 ($2.73). 10,334,716 shares changed hands during trading, an increase of 432% from the average session volume of 1,942,623 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 set a GBX 380 ($5.11) target price on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their price target 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 report on Tuesday, August 5th. Finally, Shore Capital reaffirmed an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday, August 5th.

Insider Activity

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

Domino's Pizza Group Stock Down 0.4%

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 company has a market cap of £803.13 million, a PE ratio of 10.55, a P/E/G ratio of 5.24 and a beta of 0.95. The firm's fifty 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 announced its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.40 ($0.11) earnings per share (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 research analysts expect that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal 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.