Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on DOMINO'S PIZZA GROUP PLC. We currently have 21 research reports from 2 professional analysts.
|01Dec16 01:58||RNS||Total Voting Rights|
|01Dec16 12:08||RNS||Publication of Circular Notice of General Meeting|
|30Nov16 03:39||RNS||Exercise of Options|
|24Nov16 07:00||RNS||Capital Markets Day and Trading Update|
|01Nov16 09:38||RNS||Total Voting Rights|
|13Oct16 10:30||RNS||Director/PDMR Shareholding|
|12Oct16 07:00||RNS||Trading Statement|
Frequency of research reports
Research reports on
DOMINO'S PIZZA GROUP PLC
DOMINO'S PIZZA GROUP PLC
N+1 Singer - Morning Song 12-10-2016
12 Oct 16
WGB is progressively working its way through the effects of the flood in December, underpinned by insurance proceeds. The Standfast factory is fully operational again and Brands inventory will be back to normal by end October. It is well placed to start reporting headline growth again in 2017 even if not yet the case and is also a beneficiary of FX changes via exposure to $, € and ¥. Today’s acquisition of Clarke & Clarke therefore comes at an interesting time; it complements its brand positioning and overseas ambitions, and will enhance EPS by c25% in FY18/FY19. Pro-forma gearing will be only c0.3x this year reducing towards nil next year. Today’s update is therefore clearly positive and in anticipation of the acquisition being voted through we have upgraded to Buy with a new target price of 250p (+25%).
29 Jul 16
Herencia Resources (HER.L, 0.03p) | Keras Resources (KRS.L, 0.85p) | Northcote Energy (NCT.L, 0.03p) | Stellar Diamonds (STEL.L, 6.50p) | ValiRx (VAL.L, 7.0p) | BAE Systems (BAE.L, 538.0p) | British American Tobacco (BATS.L, 4,782.50p) | BT Group (BT.A.L, 414.35p) | Diageo (DGE.L, 2,192.0p) | Domino's Pizza (DOM.L, 385.90p) | Merlin Entertainments (MERL.L, 467.0p) | Sky (SKY.L, 904.0p)
N+1 Singer - MS - Consumer - Recapping sector / stock specific implications of the Leave outcome
24 Jun 16
The Leave outcome is bad news for the UK consumer cyclical stocks. The anticipated political uncertainty and UK GDP slowing will not help in the next 12-24 months, but we feel none of the risks are new to the sector and in time will be surmountable. Companies with international exposure are best placed to protect earnings. Those with a heavy UK earnings bias and with substantial exposure to food input costs are less well placed potentially. In this brief morning comment we recap our previously articulated sector and stock specific risks in the event of a Leave outcome.
Brexit firmly takes centre stage
16 Jun 16
We explore the Brexit scenario to focus the mind and address 3 key issues which will become pertinent for our Consumer / Leisure research coverage if the Leave vote prevails. Namely, lower consumer demand, sterling weakness and labour cost pressure. We identify winners and losers and provide individual stock assessments from both a risk and upside perspective. Clearly if the outcome is Remain, then “sold off” UK consumer discretionary stocks are expected to bounce.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
N+1 Singer - Morning Song 30-11-2016
30 Nov 16
Sanderson has delivered full year results in line with expectations and the 19 October trading update after a strong finish to the year compensated for a slower start. A healthy level of pre-contracted recurring revenue (50%), incremental sales to existing customers and new customer wins at higher average order values helped deliver solid revenue growth in both the Digital Retail (+9%) and Enterprise (+12%) divisions. A decent order book and good sales momentum suggest that the company is on track to deliver on unchanged profit expectations for the current year. We continue to view the valuation (FY17 EV/EBITDA 8.6x) as undemanding given an attractive combination of accelerating growth potential, strong cash generation and growing dividends.
Upgrade to BUY post-site visit
12 Aug 16
A positive site visit this week has given us comfort on FY16 (September) numbers. Our focus therefore now turns to FY17 forecasts, which bear upside risk, in our view. The share price remains 10% below pre-referendum levels and has been largely ignored in the post-Brexit recovery. We reaffirm our 350p price target and upgrade from Hold to Buy.