Domino's Pizza Group (LON:DOM) Trading Down 17.6% - Time to Sell?

Key Points

• Domino's Pizza Group's stock price experienced a significant decline of 17.6%, trading as low as GBX 196.20 ($2.61) before closing at GBX 202.80 ($2.70).
• Analysts have mixed sentiments, with Jefferies Financial Group maintaining a "buy" rating and setting a target price of GBX 380 ($5.05), while Shore Capital has placed the stock "under review."
• Insider trading was noted, as Ian Bull purchased 7,500 shares at GBX 212 ($2.82), indicating some level of confidence in the company's future performance.

Domino's Pizza Group plc (LON:DOM - Get Free Report) traded 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). 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).

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft decreased 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 report on Tuesday, August 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 380 ($5.11) price target on shares of Domino's Pizza Group in a report on Tuesday, August 5th. Shore Capital reaffirmed an "under review" rating on shares of Domino's Pizza Group in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada decreased their price target on Domino's Pizza Group from GBX 350 ($4.71) to GBX 285 ($3.83) and set an "outperform" rating for the company in a report on Thursday.

Domino's Pizza Group Price Performance

The stock has a 50-day moving average price of GBX 248.82 and a 200 day moving average price of GBX 269.72. 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 firm has a market cap of £803.13 million, a price-to-earnings 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 results 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 negative return on equity of 67.25% and a net margin of 11.44%. As a group, equities research analysts forecast that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

Insider Transactions at Domino's Pizza Group

In related news, insider Ian Bull purchased 7,500 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased 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 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.