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.
An announcement from Domino’s Pizza ( (GB:DOM) ) is now available.
Domino’s Pizza Group PLC has executed a share buyback program, purchasing and canceling 320,157 ordinary shares at an average price of 206.80p per share. This transaction reduces the total number of shares in issue to 390,767,729, impacting the company’s voting rights and potentially enhancing shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (GB:DOM) stock is a Sell with a £1.95 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 is a leading player in the food and beverage industry, primarily known for its pizza delivery and takeaway services. The company focuses on providing high-quality, convenient food options to a broad market, leveraging a strong brand presence and a widespread network of outlets.
Average Trading Volume: 1,390,824
Technical Sentiment Signal: Sell
Current Market Cap: £803M
For an in-depth examination of DOM stock, go to TipRanks’ Overview page.