Domino’s Pizza Group (LON:DOM) Reaches New 1-Year High – What’s Next?

Shares of Domino’s Pizza Group plc (LON:DOM) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as GBX 221.80 and last traded at GBX 221.40, with a volume of 3072939 shares. The stock had previously closed at GBX 212.40.

Analyst Ratings Changes

DOM has been the subject of several research reports. Berenberg Bank began coverage on Domino’s Pizza Group in a report on Tuesday. They issued a “buy” rating and a GBX 291 target price for the company. JPMorgan Chase & Co. boosted their price objective on 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. Peel Hunt reissued a “buy” rating and issued a GBX 275 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 230 target price on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 235.17.

Domino’s Pizza Group Stock Up 4.8%

The company has a market capitalization of £848.46 million, a PE ratio of 14.45, a P/E/G ratio of 5.24 and a beta of 1.22. 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 firm has a 50 day simple moving average of GBX 206.40 and a two-hundred day simple moving average of GBX 193.53.

Domino’s Pizza Group (LON:DOM) last issued its quarterly earnings results 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%. Research analysts expect that Domino’s Pizza Group plc will post 23.3281005 EPS for the current year.

Insider Buying and Selling at Domino’s Pizza Group

In related news, insider Ian Bull purchased 15,700 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of GBX 200 per share, with a total value of £31,400. Also, insider Robyn Perriss purchased 4,850 shares of the business’s stock in a transaction dated 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 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.