Domino’s Pizza Group (LON:DOM) Hits New 12-Month High – What’s Next?

Domino’s Pizza Group plc (LON:DOM – Get Free Report) shares hit a new 52-week high during trading 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 traded. The stock had previously closed at GBX 225.80.

Key Stories Impacting Domino’s Pizza Group

Here are the key news stories impacting Domino’s Pizza Group this week:

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DOM shares. Peel Hunt reiterated a “buy” rating and issued a GBX 275 price target on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. Berenberg Bank started coverage on Domino’s Pizza Group in a research report on Tuesday, October 6th. They set a “buy” rating and a GBX 291 price target on the stock. JPMorgan Chase & Co. raised their price objective on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the stock an “underweight” rating in a research note on Wednesday, August 12th. Shore Capital Group raised Domino’s Pizza Group to a “buy” rating and set a GBX 270 price objective for the company in a report on Friday, August 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 230 price objective 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 stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 235.17.

View Our Latest Report on Domino’s Pizza Group

Domino’s Pizza Group Price Performance

The firm has a market cap of £880.47 million, a P/E ratio of 15.00, a PEG ratio of 5.24 and a beta of 1.22. The company has a debt-to-equity ratio of -656.99, a current ratio of 0.67 and a quick ratio of 0.83. The company’s 50-day moving average is GBX 208.74 and its two-hundred day moving average is GBX 195.68.

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 net margin of 8.40% and a negative return on equity of 69.64%. Sell-side analysts anticipate that Domino’s Pizza Group plc will post 23.33 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Ian Bull acquired 15,700 shares of the firm’s stock in a transaction that occurred on 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 acquired 4,850 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was purchased at an average cost of GBX 205 per share, for a total transaction of £9,942.50. Corporate insiders own 11.76% of the company’s stock.

Domino’s Pizza Group Company Profile

(Get Free Report)

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.

Further Reading

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