Domino’s Pizza Group (LON:DOM) Stock Rating Reaffirmed by Shore Capital

Shore Capital reiterated their buy rating on shares of Domino’s Pizza Group (LON:DOM) in a report published on Wednesday morning, MarketBeat Ratings reports.

Separately, Royal Bank of Canada reduced their price target on shares of Domino’s Pizza Group from GBX 400 ($5.27) to GBX 390 ($5.14) and set an outperform rating on the stock in a research note on Tuesday, August 13th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of Buy and an average price target of GBX 431.25 ($5.69).

Domino’s Pizza Group Price Performance

Domino’s Pizza Group stock opened at GBX 305.80 ($4.03) on Wednesday. The company’s 50 day simple moving average is GBX 309.45 and its 200-day simple moving average is GBX 328.44. The company has a market capitalization of £1.21 billion, a price-to-earnings ratio of 1,609.47, a price-to-earnings-growth ratio of 5.24 and a beta of 0.97. Domino’s Pizza Group has a 1 year low of GBX 275 ($3.63) and a 1 year high of GBX 402.60 ($5.31). The company has a debt-to-equity ratio of 9,124.00, a quick ratio of 0.83 and a current ratio of 0.86.

Domino’s Pizza Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 15th will be paid a dividend of GBX 3.50 ($0.05) per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, August 15th. Domino’s Pizza Group’s payout ratio is currently 5,789.47%.

Insider Buying and Selling

In other Domino’s Pizza Group 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 ($3.88) per share, with a total value of £29,400 ($38,770.93). 16.39% of the stock is owned by insiders.

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.