Domino’s Pizza Group (LON:DOM) Earns Buy Rating from Shore Capital

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

Several other analysts have also recently issued reports on DOM. Peel Hunt raised shares of Domino’s Pizza Group to a buy rating and set a GBX 425 ($5.34) price target on the stock in a report on Thursday, March 7th. Numis Securities restated a buy rating and issued a GBX 480 ($6.03) target price on shares of Domino’s Pizza Group in a research note on Friday, April 19th. Finally, Jefferies Financial Group upgraded Domino’s Pizza Group to a buy rating and lifted their price target for the stock from GBX 410 ($5.15) to GBX 430 ($5.40) in a research note on Tuesday, February 20th.

Domino’s Pizza Group Stock Performance

Shares of DOM opened at GBX 313.80 ($3.94) on Wednesday. The firm has a market cap of £1.26 billion, a price-to-earnings ratio of 1,120.71, a PEG ratio of 5.24 and a beta of 1.03. The company has a quick ratio of 0.83, a current ratio of 0.94 and a debt-to-equity ratio of 9,124.00. The business’s 50 day moving average is GBX 342.36 and its two-hundred day moving average is GBX 356.47. Domino’s Pizza Group has a 52-week low of GBX 267.40 ($3.36) and a 52-week high of GBX 432.20 ($5.43).

Domino’s Pizza Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, April 4th will be given a GBX 7.20 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change from Domino’s Pizza Group’s previous dividend of $3.30. This represents a yield of 1.96%. Domino’s Pizza Group’s dividend payout ratio (DPR) is currently 3,928.57%.

Insider Buying and Selling at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Edward Jamieson sold 5,698 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of GBX 324 ($4.07), for a total transaction of £18,461.52 ($23,189.95). 16.36% of the stock is currently owned by company 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.