Domino’s Pizza Group (LON:DOM) Stock Rating Reaffirmed as “Buy” by Shore Capital Group

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 270 price objective on the stock. Shore Capital Group‘s price target would suggest a potential upside of 23.63% from the company’s previous close.

Several other research firms also recently commented on DOM. Berenberg Bank began coverage on shares of Domino’s Pizza Group in a report on Tuesday, October 6th. They set a “buy” rating and a GBX 291 price objective on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 275 target price on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price target on shares of 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. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 178 price target on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Price Performance

Shares of LON DOM opened at GBX 218.40 on Wednesday. The stock has a fifty day simple moving average of GBX 212.64 and a two-hundred day simple moving average of GBX 198.53. Domino’s Pizza Group has a 1-year low of GBX 164.03 and a 1-year high of GBX 238.29. The firm has a market cap of £832.45 million, a price-to-earnings ratio of 14.18, a price-to-earnings-growth 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.

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

Insiders Place Their Bets

In related 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 bought at an average cost of GBX 200 per share, for a total transaction of £31,400. Also, insider Robyn Perriss acquired 4,850 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The shares were bought at an average cost of GBX 205 per share, for a total transaction of £9,942.50. Insiders own 11.76% of the company’s stock.

Trending Headlines about Domino’s Pizza Group

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

• Positive Sentiment: Third-quarter sales increased, supported by demand for fried chicken and Italian-style pizza products. Domino’s retained its full-year expectations, suggesting management still expects to meet guidance despite a more challenging consumer environment. 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 maintained a “buy” recommendation with a GBX 270 target. These targets imply analysts see meaningful upside from recent trading levels. Berenberg Bank recommendation Shore Capital recommendation
• Neutral Sentiment: The stock offers an approximately 4.81% dividend yield, which may attract income-focused investors, but market volatility and questions about the pace of growth remain important considerations. Domino’s dividend-yield analysis
• Negative Sentiment: Sales growth slowed from the previous quarter. Reports cited quarterly growth of roughly 2.3% to 3.5%, depending on the sales measure used, which disappointed investors and caused the shares to underperform the broader market. UK Domino’s sales growth slows

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.