Domino’s Pizza, Inc. (NYSE:DPZ – Get Free Report) has been given a consensus rating of “Moderate Buy” by the thirty analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, twenty have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $495.76.
Several research firms have commented on DPZ. Oppenheimer reiterated an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their price target on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Stephens decreased their price objective on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. Evercore ISI dropped their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a report on Monday, October 7th. Finally, BMO Capital Markets reduced their target price on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 11th.
View Our Latest Stock Report on DPZ
Insider Activity at Domino’s Pizza
In related news, Director Andrew Balson sold 6,970 shares of Domino’s Pizza stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total value of $2,985,041.90. Following the completion of the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This trade represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Signaturefd LLC increased its position in shares of Domino’s Pizza by 25.2% during the second quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock worth $67,000 after purchasing an additional 26 shares in the last quarter. Summit Trail Advisors LLC lifted its stake in Domino’s Pizza by 5.0% in the second quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock valued at $293,000 after buying an additional 27 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Domino’s Pizza by 4.6% in the second quarter. Larson Financial Group LLC now owns 663 shares of the restaurant operator’s stock valued at $342,000 after acquiring an additional 29 shares during the period. Crewe Advisors LLC grew its position in shares of Domino’s Pizza by 46.6% during the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator’s stock worth $55,000 after acquiring an additional 34 shares during the last quarter. Finally, Mather Group LLC. increased its holdings in shares of Domino’s Pizza by 5.7% in the 3rd quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock valued at $294,000 after acquiring an additional 37 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Price Performance
Shares of DPZ stock opened at $419.76 on Wednesday. Domino’s Pizza has a 1-year low of $395.08 and a 1-year high of $542.75. The company has a market cap of $14.50 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 2.47 and a beta of 0.88. The stock has a 50 day simple moving average of $441.92 and a 200-day simple moving average of $442.62.
Domino’s Pizza (NYSE:DPZ – Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the business posted $4.18 earnings per share. Analysts anticipate that Domino’s Pizza will post 16.82 earnings per share for the current fiscal year.
Domino’s Pizza Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.44%. The ex-dividend date was Friday, December 13th. Domino’s Pizza’s payout ratio is 37.10%.
Domino’s Pizza Company Profile
Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.
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