Domino’s Pizza Group (LON:DOM) Earns “Buy” Rating from Shore Capital Group

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating restated by stock analysts at Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 270 price target on the stock. Shore Capital Group‘s target price points to a potential upside of 24.62% from the company’s previous close.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed 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. boosted their target price on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a report on Wednesday, August 12th. Royal Bank Of Canada restated 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. Berenberg Bank initiated coverage on Domino’s Pizza Group in a report on Tuesday, October 6th. They set a “buy” rating and a GBX 291 price target for the company. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza Group presently has an average rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Stock Performance

Shares of LON:DOM traded down GBX 11.94 on Wednesday, reaching GBX 216.66. The company’s stock had a trading volume of 1,368,388 shares, compared to its average volume of 4,493,185. The stock’s 50-day moving average is GBX 212.27 and its two-hundred day moving average is GBX 198.22. Domino’s Pizza Group has a 52-week low of GBX 164.03 and a 52-week high of GBX 238.29. 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 stock has a market capitalization of £825.83 million, a P/E ratio of 14.07, a PEG ratio of 5.24 and a beta of 1.22.

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

Insider Activity

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

Key Domino’s Pizza Group News

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

• Positive Sentiment: Domino’s reported third-quarter sales growth of approximately 2.3% to 3.5%, supported by demand for fried chicken and Italian-style pizzas. Management maintained its full-year expectations, reducing the risk of a near-term earnings downgrade. Domino’s says third-quarter sales rose 3.5% and keeps full-year expectations
• Positive Sentiment: Berenberg reaffirmed its “buy” rating and set a GBX 291 price target, while Shore Capital also reiterated “buy” with a GBX 270 target. These targets imply considerable upside from the recent trading level and signal continued broker confidence in the company’s outlook.
• Positive Sentiment: Broker support followed reports describing Domino’s as backed by analysts after its third-quarter trading performance, potentially helping limit the downside from the slower growth rate. Domino’s Pizza backed by brokers after positive third-quarter trading
• Neutral Sentiment: A stock analysis highlighted Domino’s approximately 4.81% dividend yield. This may appeal to income-focused investors, although the article also noted that the shares remain exposed to broader market volatility. Domino’s Pizza Group stock analysis
• Negative Sentiment: Third-quarter sales growth slowed from the previous quarter, prompting investors to question the pace of demand and near-term growth. Shares dipped after the update even though full-year guidance was retained. UK’s Domino’s sales growth slows from previous quarter

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.