Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Domino’s Pizza ( (GB:DOM) ) just unveiled an update.
Domino’s Pizza Group PLC has executed a share buyback program, purchasing and canceling 412,531 ordinary shares. This move reduces the total number of shares in circulation to 388,328,097, potentially increasing the value of remaining shares and impacting shareholder calculations under regulatory guidelines.
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 operates in the food service industry, primarily focusing on the delivery and takeaway pizza market. The company is known for its wide range of pizza offerings and has a significant presence in multiple markets, catering to a diverse customer base.
Average Trading Volume: 1,466,722
Technical Sentiment Signal: Sell
Current Market Cap: £778.9M
Learn more about DOM stock on TipRanks’ Stock Analysis page.