Domino’s Pizza, Inc. (NYSE:DPZ) Receives $298.82 Average PT from Analysts

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) have earned a consensus recommendation of “Buy” from the twenty-one brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $297.78.

A number of brokerages have recently weighed in on DPZ. Bank of America raised shares of Air Products & Chemicals from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $170.00 to $215.00 in a research note on Thursday, April 25th. JPMorgan Chase & Co. restated a “hold” rating on shares of Altagas in a research report on Tuesday, March 19th. Wells Fargo & Co restated a “buy” rating and set a $85.00 target price on shares of Carvana in a research report on Monday, July 1st. OTR Global lowered shares of Domino’s Pizza to a “positive” rating and set a $280.00 price target on the stock. in a report on Wednesday. Finally, Citigroup set a $86.00 price target on shares of Prologis and gave the company a “buy” rating in a report on Thursday, June 6th.

In other news, CEO Richard E. Allison, Jr. sold 10,000 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $279.19, for a total value of $2,791,900.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.62% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co increased its stake in Domino’s Pizza by 451.0% during the 2nd quarter. CENTRAL TRUST Co now owns 551 shares of the restaurant operator’s stock worth $153,000 after buying an additional 451 shares during the period. Sheets Smith Wealth Management increased its stake in Domino’s Pizza by 66.7% during the 2nd quarter. Sheets Smith Wealth Management now owns 2,324 shares of the restaurant operator’s stock worth $647,000 after buying an additional 930 shares during the period. Xact Kapitalforvaltning AB increased its stake in Domino’s Pizza by 6.4% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 10,576 shares of the restaurant operator’s stock worth $2,943,000 after buying an additional 636 shares during the period. Verde Servicos Internacionais S.A. purchased a new stake in Domino’s Pizza during the 2nd quarter worth $3,862,000. Finally, Cleararc Capital Inc. purchased a new stake in Domino’s Pizza during the 1st quarter worth $272,000. 97.03% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DPZ traded up $4.47 during mid-day trading on Friday, reaching $282.11. 571,100 shares of the company’s stock were exchanged, compared to its average volume of 766,670. The stock’s 50-day simple moving average is $280.38. Domino’s Pizza has a 52-week low of $231.28 and a 52-week high of $305.34. The company has a market cap of $11.48 billion, a P/E ratio of 33.50, a price-to-earnings-growth ratio of 2.01 and a beta of 0.48.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Wednesday, April 24th. The restaurant operator reported $2.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.07 by $0.13. Domino’s Pizza had a net margin of 10.50% and a negative return on equity of 12.38%. The business had revenue of $835.96 million during the quarter, compared to analysts’ expectations of $852.59 million. During the same period last year, the company posted $2.00 EPS. The company’s revenue was up 6.4% on a year-over-year basis. As a group, research analysts anticipate that Domino’s Pizza will post 9.34 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Thursday, June 13th. Domino’s Pizza’s dividend payout ratio is presently 30.88%.

Domino’s Pizza Company Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

Read More: Understanding Market Liquidity

Analyst Recommendations for Domino`s Pizza (NYSE:DPZ)

Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit