Domino’s Pizza Group (LON:DOM) Shares Pass Above 200-Day Moving Average – Time to Sell?
by Danessa Lincoln · The Markets DailyShares of Domino’s Pizza Group plc (LON:DOM – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 191.52 and traded as high as GBX 210.40. Domino’s Pizza Group shares last traded at GBX 203.20, with a volume of 898,891 shares trading hands.
Wall Street Analysts Forecast Growth
DOM has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 178 target price on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Shore Capital Group upgraded shares of Domino’s Pizza Group to a “buy” rating and set a GBX 270 price target for the company in a report on Friday, August 21st. Peel Hunt reissued 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. JPMorgan Chase & Co. raised their price target on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the stock 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. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza Group presently has a consensus rating of “Hold” and an average price target of GBX 224.
Read Our Latest Report on Domino’s Pizza Group
Domino’s Pizza Group Price Performance
The company has a market cap of £793.57 million, a PE ratio of 13.52, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. The business has a 50 day moving average of GBX 201.62 and a 200 day moving average of GBX 191.52. The company has a debt-to-equity ratio of -656.99, a current ratio of 0.67 and a quick ratio of 0.83.
Domino’s Pizza Group (LON:DOM – Get Free Report) last issued 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%. As a group, research analysts predict that Domino’s Pizza Group plc will post 23.3281005 EPS for the current year.
Insider Activity
In related news, insider Ian Bull purchased 15,700 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is owned by corporate insiders.
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.