Shore Capital Reiterates “Buy” Rating for Domino’s Pizza Group (LON:DOM)

Shore Capital reaffirmed their buy rating on shares of Domino’s Pizza Group (LON:DOM) in a research report released on Tuesday, Marketbeat reports.

Other equities research analysts also recently issued reports about the stock. Numis Securities restated a buy rating and issued a GBX 480 ($6.13) target price on shares of Domino’s Pizza Group in a research note on Friday, April 19th. Royal Bank of Canada began coverage on Domino’s Pizza Group in a research report on Tuesday, July 16th. They issued an outperform rating and a GBX 400 ($5.11) price objective for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Domino’s Pizza Group currently has an average rating of Buy and an average target price of GBX 433.75 ($5.54).

Domino’s Pizza Group Stock Performance

Shares of Domino’s Pizza Group stock opened at GBX 282 ($3.60) on Tuesday. The company has a market capitalization of £1.13 billion, a PE ratio of 1,007.14, a P/E/G ratio of 5.24 and a beta of 1.04. The company has a 50-day simple moving average of GBX 316.35 and a two-hundred day simple moving average of GBX 333.82. Domino’s Pizza Group has a one year low of GBX 275 ($3.51) and a one year high of GBX 432.20 ($5.52). The company has a debt-to-equity ratio of 9,124.00, a quick ratio of 0.83 and a current ratio of 0.94.

Domino’s Pizza Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 3.50 ($0.04) per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.13%. Domino’s Pizza Group’s payout ratio is 3,928.57%.

Insider Transactions at Domino’s Pizza Group

In other news, insider Ian Bull bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were purchased at an average cost of GBX 294 ($3.76) per share, with a total value of £29,400 ($37,571.88). Insiders own 16.60% of the company’s stock.

About Domino’s Pizza Group

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino's Pizza UK & IRL plc and changed its name to Domino's Pizza Group plc in May 2012.