Domino’s Pizza Group (LON:DOM) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Domino’s Pizza Group plc (LON:DOM)’s share price crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 192.35 and traded as high as GBX 211. Domino’s Pizza Group shares last traded at GBX 209.20, with a volume of 1,654,021 shares.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research report on Wednesday, August 12th. Peel Hunt restated a “buy” rating and issued a GBX 275 target price on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 178 price target on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Shore Capital Group raised Domino’s Pizza Group to a “buy” rating and set a GBX 270 price target on the stock in a report on Friday, August 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 230 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 224.

Domino’s Pizza Group Trading Up 1.0%

The company has a market capitalization of £797.38 million, a price-to-earnings ratio of 13.58, a PEG ratio of 5.24 and a beta of 1.22. The firm has a 50-day moving average price of GBX 204.12 and a 200-day moving average price of GBX 192.35. The company has a current ratio of 0.67, a quick ratio of 0.83 and a debt-to-equity ratio of -656.99.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 EPS for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. As a group, sell-side analysts predict that Domino’s Pizza Group plc will post 23.3281005 EPS for the current year.

Insider Activity

In other Domino’s Pizza Group news, insider Robyn Perriss acquired 4,850 shares of Domino’s Pizza Group stock in a transaction dated Thursday, September 17th. The stock was bought at an average price of GBX 205 per share, for a total transaction of £9,942.50. Also, insider Ian Bull acquired 15,700 shares of Domino’s Pizza Group stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is currently owned by insiders.

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.