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 reaffirmed by equities research analysts at Shore Capital Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 270 target price on the stock. Shore Capital Group‘s target price points to a potential upside of 24.42% from the company’s current price.

DOM has been the subject of several other research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. JPMorgan Chase & Co. lifted their target price on shares of 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. Berenberg Bank initiated coverage on Domino’s Pizza Group in a report on Tuesday, October 6th. They issued a “buy” rating and a GBX 291 target price on the stock. 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 report on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 178 price target on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 235.17.

Domino’s Pizza Group Price Performance

Shares of Domino’s Pizza Group stock traded up GBX 0.40 during mid-day trading on Wednesday, reaching GBX 217. 49,615,129 shares of the stock were exchanged, compared to its average volume of 4,712,223. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 238.29. The company has a market cap of £827.11 million, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. The firm has a 50-day simple moving average of GBX 213 and a 200 day simple moving average of GBX 198.66. 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 announced its quarterly earnings results 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%. On average, sell-side analysts predict that Domino’s Pizza Group will post 23.33 EPS for the current fiscal year.

Insider Activity

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