Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Domino’s Pizza ( (GB:DOM) ) has shared an update.
Domino’s Pizza Group PLC has executed a share buyback program, purchasing 323,591 ordinary shares for cancellation, with the average price per share being 196.57p. This move reduces the total number of shares in issue to 385,853,282, impacting the company’s total voting rights and potentially enhancing shareholder value.
The most recent analyst rating on (GB:DOM) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Domino’s Pizza stock, see the GB:DOM Stock Forecast page.
Spark’s Take on GB:DOM Stock
According to Spark, TipRanks’ AI Analyst, GB:DOM is a Neutral.
Domino’s Pizza’s stock score is primarily influenced by its strong valuation metrics, indicating potential undervaluation and a high dividend yield. However, significant financial leverage and negative equity pose risks. Technical indicators suggest bearish momentum, which could affect short-term performance. Director share purchases provide a positive signal of confidence.
To see Spark’s full report on GB:DOM stock, click here.
More about Domino’s Pizza
Domino’s Pizza Group PLC operates in the food and beverage industry, specializing in the delivery and takeaway pizza market. The company is a well-known brand in the fast-food sector, focusing on providing a variety of pizza options to its customers across various regions.
Average Trading Volume: 1,526,145
Technical Sentiment Signal: Sell
Current Market Cap: £758.9M
See more insights into DOM stock on TipRanks’ Stock Analysis page.