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The latest announcement is out from Domino’s Pizza ( (GB:DOM) ).
Domino’s Pizza Group PLC has executed a share buyback program, purchasing 462,528 ordinary shares for cancellation, as part of its previously announced initiative. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder voting rights.
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 fast-food industry, primarily known for its pizza delivery and takeaway services. The company operates in various markets, focusing on providing quick and convenient food options to consumers.
Average Trading Volume: 1,429,693
Technical Sentiment Signal: Sell
Current Market Cap: £794M
Learn more about DOM stock on TipRanks’ Stock Analysis page.