Domino's Pizza Group (LON:DOM) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Domino’s Pizza Group shares rose above their 200-day moving average, reaching GBX 211 before closing at GBX 208.92, compared with a 200-day average of GBX 191.37.
• Analyst opinion is mixed: three firms rate the stock “Buy” and two rate it “Sell,” resulting in a consensus “Hold” rating and an average price target of GBX 224.
• The company reported quarterly EPS of GBX 8, while financial metrics included a 13.57 P/E ratio and an 8.40% net margin. Insider Ian Bull also purchased 15,700 shares at GBX 200 each.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 191.37 and traded as high as GBX 211. Domino's Pizza Group shares last traded at GBX 208.92, with a volume of 636,502 shares traded.

Wall Street Analysts Forecast Growth

DOM has been the subject of several research analyst reports. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 230 price objective on shares of Domino's Pizza Group in a research note on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 178 target price on shares of Domino's Pizza Group in a research note on Wednesday, August 5th. Shore Capital Group raised Domino's Pizza Group to a "buy" rating and set a GBX 270 price target on the stock in a report on Friday, August 21st. JPMorgan Chase & Co. lifted their price target on Domino's Pizza Group from GBX 145 to GBX 167 and gave the company an "underweight" rating in a research report on Wednesday, August 12th. Finally, Peel Hunt reissued a "buy" rating and set a GBX 275 price objective on shares of Domino's Pizza Group in a report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of GBX 224.

Domino's Pizza Group Price Performance

The company has a current ratio of 0.67, a quick ratio of 0.83 and a debt-to-equity ratio of -656.99. The company has a market capitalization of £796.33 million, a P/E ratio of 13.57, a P/E/G ratio of 5.24 and a beta of 1.22. The business's fifty day moving average price is GBX 198.64 and its 200-day moving average price is GBX 191.37.

Domino's Pizza Group (LON:DOM - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX 8 EPS for the quarter. Domino's Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. As a group, sell-side analysts predict that Domino's Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ian Bull acquired 15,700 shares of Domino's Pizza Group stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost of GBX 200 per share, for a total transaction of £31,400. Insiders own 13.74% 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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