Domino's Pizza Group (LON:DOM) Stock Price Breaks Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Domino’s Pizza Group shares broke above their 200-day moving average, reaching GBX 237.40 and closing at GBX 236, compared with the 200-day average of GBX 197.42.
• Analyst views are mixed: four analysts rate the stock Buy and two rate it Sell, resulting in a consensus Hold rating and an average price target of GBX 235.17.
• The company reported quarterly EPS of GBX 8, while insiders purchased shares worth more than £41,000 in aggregate; insiders own 11.76% of the company.

Domino's Pizza Group plc (LON:DOM - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 197.42 and traded as high as GBX 237.40. Domino's Pizza Group shares last traded at GBX 236, with a volume of 657,809 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a "sell" rating and issued a GBX 178 target price on shares of Domino's Pizza Group in a research report on Wednesday, August 5th. Shore Capital Group upgraded Domino's Pizza Group to a "buy" rating and set a GBX 270 target price on the stock in a research note on Friday, August 21st. JPMorgan Chase & Co. upped their price target on Domino's Pizza Group from GBX 145 to GBX 167 and gave the stock an "underweight" rating in a research report on Wednesday, August 12th. Berenberg Bank began coverage on shares of Domino's Pizza Group in a research note on Tuesday, October 6th. They set a "buy" rating and a GBX 291 price target for the company. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 230 price target on shares of Domino's Pizza Group in a research note on Tuesday, August 18th. Four research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of GBX 235.17.

Domino's Pizza Group Stock Down 0.6%

The firm's 50-day simple moving average is GBX 210.93 and its 200 day simple moving average is GBX 197.42. The company has a debt-to-equity ratio of -656.99, a quick ratio of 0.83 and a current ratio of 0.67. The stock has a market capitalization of £899.53 million, a P/E ratio of 15.32, a PEG ratio of 5.24 and a beta of 1.22.

Domino's Pizza Group (LON:DOM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 earnings per share 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, research analysts expect that Domino's Pizza Group plc will post 23.33 EPS for the current year.

Insider Activity

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

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. 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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