Domino's Pizza Group's (DOM) Hold Rating Reaffirmed at Shore Capital

Key Points

• Shore Capital has reaffirmed its "hold" rating for Domino's Pizza Group, signifying a cautious approach towards the company's stock performance.
• Other analysts have mixed views, with Royal Bank Of Canada downgrading its price target to GBX 285 while Jefferies and Deutsche Bank maintain buy ratings but lower their targets to GBX 380 and GBX 309, respectively.
• Recent insider activity includes significant share purchases, with insiders acquiring 336,150 shares worth over £70,000, indicating potential confidence in the company’s future.

Domino's Pizza Group (LON:DOM - Get Free Report)'s stock had its "hold" rating reaffirmed by investment analysts at Shore Capital in a research note issued to investors on Monday,Digital Look reports.

DOM has been the subject of several other research reports. Royal Bank Of Canada lowered their price objective on Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating for the company in a research report on Thursday, August 7th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 380 price objective on shares of Domino's Pizza Group in a research report on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Domino's Pizza Group from GBX 400 to GBX 309 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 324.67.

Domino's Pizza Group Stock Performance

Shares of DOM stock opened at GBX 204.40 on Monday. The company has a debt-to-equity ratio of -562.33, a quick ratio of 0.83 and a current ratio of 0.86. Domino's Pizza Group has a fifty-two week low of GBX 195.30 and a fifty-two week high of GBX 356. The stock has a 50 day moving average price of GBX 222.78 and a two-hundred day moving average price of GBX 254.14. The company has a market capitalization of £796.98 million, a P/E ratio of 1,032.32, a PEG ratio of 5.24 and a beta of 0.95.

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 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%. Analysts expect that Domino's Pizza Group will post 23.3281005 earnings per share for the current year.

Insider Activity

In related news, insider Mitesh Patel purchased 38,350 shares of Domino's Pizza Group stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of GBX 209 per share, for a total transaction of £80,151.50. Also, insider Robyn Perriss purchased 290,300 shares of Domino's Pizza Group stock in a transaction dated Monday, August 11th. The shares were bought at an average price of GBX 210 per share, with a total value of £609,630. Insiders purchased 336,150 shares of company stock worth $70,568,150 over the last three months. 11.76% of the stock is currently owned by corporate insiders.

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.

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