Domino’s Pizza Group (LON:DOM) Shares Break Above 200-Day Moving Average – Time to Sell?

by · The Markets Daily

Domino’s Pizza Group plc (LON:DOM – Get Free Report) shares passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 197.42 and traded as high as GBX 237.40. Domino’s Pizza Group shares last traded at GBX 236, with a volume of 657,809 shares.

Analyst Upgrades and Downgrades

A number of analysts have commented on DOM shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a research note 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 stock an “underweight” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 230 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Shore Capital Group restated a “buy” rating and set a GBX 270 price target on shares of Domino’s Pizza Group in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 178 price target on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 235.17.

View Our Latest Stock Analysis on Domino’s Pizza Group

Domino’s Pizza Group Stock Performance

The stock has a market capitalization of £871.33 million, a PE ratio of 14.84, a P/E/G ratio of 5.24 and a beta of 1.22. 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 firm has a 50 day moving average of GBX 211.70 and a 200-day moving average of GBX 197.83.

Domino’s Pizza Group (LON:DOM – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Research analysts forecast that Domino’s Pizza Group plc will post 23.33 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Robyn Perriss purchased 4,850 shares of the stock in a transaction dated Thursday, September 17th. The shares were acquired at an average cost of GBX 205 per share, for a total transaction of £9,942.50. Also, insider Ian Bull purchased 15,700 shares of the company’s 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. Company insiders own 11.76% of the company’s stock.

Domino’s Pizza Group Company Profile

(Get Free Report)

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.

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