Domino's Pizza Group (LON:DOM) Receives Buy Rating from Peel Hunt

Key Points

• Peel Hunt has reaffirmed a "buy" rating on Domino's Pizza Group (LON:DOM), setting a price objective of GBX 350, indicating a potential upside of 74.65% from the previous close.
• Other analysts have mixed opinions; Deutsche Bank downgraded the stock to "hold" with a target price of GBX 235, while Jefferies Financial Group issued a buy rating with a target of GBX 380.
• Company insiders have shown confidence, buying a total of 336,150 shares in recent months, indicating strong belief in the company’s future performance.

Peel Hunt reaffirmed their buy rating on shares of Domino's Pizza Group (LON:DOM - Free Report) in a research note released on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 350 price objective on the stock.

Other research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft cut Domino's Pizza Group to a "hold" rating and decreased their price objective for the company from GBX 309 to GBX 235 in a report on Tuesday, September 16th. Royal Bank Of Canada dropped their target price on shares of Domino's Pizza Group from GBX 350 to GBX 285 and set an "outperform" rating for the company in a research note on Thursday, August 7th. Shore Capital reaffirmed a "hold" rating on shares of Domino's Pizza Group in a research report on Monday, September 15th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 380 price objective on shares of Domino's Pizza Group in a report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 312.50.

Domino's Pizza Group Stock Down 1.4%

Shares of LON DOM traded down GBX 2.80 during trading hours on Thursday, hitting GBX 197.20. The company had a trading volume of 2,184,704 shares, compared to its average volume of 2,364,208. Domino's Pizza Group has a 1-year low of GBX 195.30 and a 1-year high of GBX 356. 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 stock has a market capitalization of £768.91 million, a P/E ratio of 995.96, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The firm's 50 day moving average is GBX 217.64 and its 200-day moving average is GBX 251.32.

Domino's Pizza Group (LON:DOM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.40 EPS 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, analysts expect that Domino's Pizza Group will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity at Domino's Pizza Group

In other Domino's Pizza Group news, insider Robyn Perriss bought 290,300 shares of the stock in a transaction dated Monday, August 11th. The stock was bought at an average cost of GBX 210 per share, for a total transaction of £609,630. Also, insider Mitesh Patel bought 38,350 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of GBX 209 per share, for a total transaction of £80,151.50. In the last 90 days, insiders have purchased 336,150 shares of company stock valued at $70,568,150. 11.76% of the stock is owned by corporate 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.