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 announcement.
Domino’s Pizza Group PLC has executed a share buyback program, purchasing and canceling 724,429 ordinary shares at an average price of 207.12p. This transaction reduces the total number of shares in issue to 392,449,090, impacting the company’s total voting rights and potentially influencing shareholder dynamics.
The most recent analyst rating on (GB:DOM) stock is a Hold with a £216.00 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, primarily focusing on the delivery and takeaway pizza market. The company is recognized for its wide range of pizza offerings and has a significant presence in the fast-food sector, catering to a diverse customer base with a focus on convenience and quick service.
Average Trading Volume: 1,287,984
Technical Sentiment Signal: Sell
Current Market Cap: £831.4M
Find detailed analytics on DOM stock on TipRanks’ Stock Analysis page.