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 equities researchers at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 270 price objective on the stock. Shore Capital Group’s price objective would indicate a potential upside of 24.42% from the company’s current price.

DOM has been the topic of a number of other research reports. Berenberg Bank assumed coverage on Domino’s Pizza Group in a research note on Tuesday, October 6th. They issued a “buy” rating and a GBX 291 target price on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 178 price target on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 230 price objective on shares of Domino’s Pizza Group in a research report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 235.17.

Domino’s Pizza Group Price Performance

Shares of Domino’s Pizza Group stock traded down GBX 11.60 during trading hours on Wednesday, hitting GBX 217. The company’s stock had a trading volume of 1,013,045 shares, compared to its average volume of 4,491,451. Domino’s Pizza Group has a 12-month low of GBX 164.03 and a 12-month high of GBX 238.29. 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 company has a market cap of £827.11 million, a PE ratio of 14.09, a PEG ratio of 5.24 and a beta of 1.22. The business has a 50 day moving average price of GBX 212.27 and a two-hundred day moving average price of GBX 198.22.

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

Insider Buying and Selling at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Robyn Perriss acquired 4,850 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was purchased at an average cost of GBX 205 per share, with a total value of £9,942.50. Also, insider Ian Bull purchased 15,700 shares of Domino’s Pizza Group stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of GBX 200 per share, for a total transaction of £31,400. 11.76% of the stock is owned by insiders.

More Domino’s Pizza Group News

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

• Positive Sentiment: Third-quarter sales increased, with reports citing growth of approximately 2.3% to 3.5%. Demand for fried chicken and Italian-style pizza helped offset a more challenging trading environment. Domino’s also maintained its full-year expectations, reducing the risk of a near-term guidance 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. Both targets are materially above the recent trading level, signaling broker confidence in Domino’s earnings outlook and potential upside.
• Positive Sentiment: Broker commentary following the trading update was broadly supportive, suggesting that the company’s resilient sales, product innovation and unchanged guidance outweighed concerns about the pace of growth. Domino’s Pizza backed by brokers after positive third-quarter trading
• Neutral Sentiment: The differing reported growth figures likely reflect different sales measures or reporting bases, but all coverage indicates that Domino’s continued to grow sales during the quarter. Domino’s sales rise on demand for fried chicken and Italian-style pizza
• Negative Sentiment: Growth slowed from the previous quarter, prompting an initial decline in the shares despite the sales increase and maintained guidance. Investors may be concerned that promotional activity and new menu demand are not translating into accelerating underlying growth. UK’s Domino’s sales growth slows from previous quarter

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.