Domino’s Pizza Group (LON:DOM) Stock Passes Above 200-Day Moving Average – Should You Sell?
by Amy Steele · The Cerbat GemDomino’s Pizza Group plc (LON:DOM – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 182.80 and traded as high as GBX 191.30. Domino’s Pizza Group shares last traded at GBX 191.10, with a volume of 72,860,531 shares.
Analysts Set New Price Targets
Several research firms have issued reports on DOM. Royal Bank Of Canada cut their price objective on Domino’s Pizza Group from GBX 285 to GBX 250 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Shore Capital Group reiterated a “hold” rating on shares of Domino’s Pizza Group in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft cut Domino’s Pizza Group to a “sell” rating and cut their price objective for the stock from GBX 235 to GBX 175 in a research report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Domino’s Pizza Group presently has a consensus rating of “Hold” and a consensus price target of GBX 270.
Get Our Latest Analysis on Domino’s Pizza Group
Domino’s Pizza Group Price Performance
The stock has a market cap of £722.29 million, a PE ratio of 12.63, a PEG ratio of 5.24 and a beta of 1.19. The company has a 50-day simple moving average of GBX 184.14 and a 200-day simple moving average of GBX 182.81. The company has a debt-to-equity ratio of -622.08, a current ratio of 0.84 and a quick ratio of 0.83.
Domino’s Pizza Group (LON:DOM – Get Free Report) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17.60 earnings per share for the quarter. Domino’s Pizza Group had a negative return on equity of 68.82% and a net margin of 8.55%. Sell-side analysts anticipate that Domino’s Pizza Group plc will post 23.3281005 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Ian Bull purchased 13,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average price of GBX 195 per share, for a total transaction of £25,350. Also, insider Annie Murphy purchased 10,300 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of GBX 191 per share, with a total value of £19,673. In the last 90 days, insiders bought 24,050 shares of company stock valued at $4,647,800. Company insiders own 13.72% of the company’s stock.
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.