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The latest announcement is out from Domino’s Pizza ( (GB:DOM) ).
Domino’s Pizza Group PLC has announced a £20 million share buyback programme, aiming to purchase its ordinary shares to generate attractive returns for shareholders. This move reflects the company’s confidence in its cash-generative and resilient business model, with expectations for FY25 remaining unchanged except for a revised year-end net debt forecast. The programme is set to reduce the company’s share capital and will be conducted in compliance with relevant trading regulations.
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 is the UK’s leading pizza brand and a major player in the Irish market. The company holds the master franchise agreement to own, operate, and franchise Domino’s stores in the UK and the Republic of Ireland.
Average Trading Volume: 1,210,314
Technical Sentiment Signal: Sell
Current Market Cap: £764.5M
Find detailed analytics on DOM stock on TipRanks’ Stock Analysis page.