Domino's Pizza Group (LON:DOM) Hits New 52-Week High - What's Next?

Key Points

• Domino’s Pizza Group shares reached a new 52-week high of GBX 227.40 and last traded at GBX 226.40, giving the company a market capitalization of approximately £856 million.
• Analyst sentiment is mixed: four analysts rate the stock a Buy and two rate it a Sell, resulting in a consensus “Hold” rating and an average price target of GBX 235.17.
• Recent insider purchases included shares bought by Robyn Perriss and Ian Bull, while insiders collectively own 11.76% of the company. The business reported quarterly EPS of GBX 8 and analysts expect full-year EPS of GBX 23.33.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s stock price hit a new 52-week high on Monday. The stock traded as high as GBX 227.40 and last traded at GBX 226.40, with a volume of 823,615 shares changing hands. The stock had previously closed at GBX 225.80.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Peel Hunt reiterated a "buy" rating and issued a GBX 275 price target on shares of Domino's Pizza Group in a research report on Tuesday, August 4th. Berenberg Bank started coverage on shares of Domino's Pizza Group in a research note on Tuesday, October 6th. They issued a "buy" rating and a GBX 291 price objective for the company. Deutsche Bank Aktiengesellschaft restated a "sell" rating and set a GBX 178 price objective on shares of Domino's Pizza Group in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their target price on shares of Domino's Pizza Group from GBX 145 to GBX 167 and gave the company an "underweight" rating in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a GBX 230 target price on shares of Domino's Pizza Group in a research note on Tuesday, August 18th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of GBX 235.17.

Domino's Pizza Group Stock Performance

The stock has a market cap of £856.08 million, a P/E ratio of 14.58, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. The business has a 50 day moving average price of GBX 208.08 and a two-hundred day moving average price of GBX 194.91.

Domino's Pizza Group (LON:DOM - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share (EPS) for the quarter. Domino's Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. On average, sell-side analysts forecast that Domino's Pizza Group plc will post 23.33 earnings per share for the current fiscal year.

Insider Activity at Domino's Pizza Group

In related news, insider Robyn Perriss bought 4,850 shares of the company's stock in a transaction that occurred on Thursday, September 17th. The stock was purchased at an average price of GBX 205 per share, for a total transaction of £9,942.50. Also, insider Ian Bull bought 15,700 shares of the company's stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of GBX 200 per share, with a total value of £31,400. Company insiders own 11.76% of the company's stock.

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. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.

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