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 announced the purchase and cancellation of 493,000 ordinary shares as part of its share buyback program. This move reduces the total number of shares in circulation to 386,176,873, potentially increasing shareholder value and impacting voting rights calculations for stakeholders.
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 is a leading player in the food and beverage industry, specializing in the delivery and takeaway pizza market. The company focuses on providing a wide range of pizza options and related food products to a global customer base, leveraging its strong brand presence and extensive network of outlets.
Average Trading Volume: 1,506,467
Technical Sentiment Signal: Sell
Current Market Cap: £760.7M
See more insights into DOM stock on TipRanks’ Stock Analysis page.