Domino’s Pizza Inc. Sets New 1-Year High at $68.38 (DPZ)
Domino’s Pizza (NYSE:DPZ) set a new 52-week high on Monday, American Banking & Market News reports. The company traded as high as $68.38 and last traded at $68.16, with a volume of 419,571 shares. The stock had previously closed at $67.55.
A number of analysts have recently weighed in on DPZ shares. Analysts at KeyCorp initiated coverage on shares of Domino’s Pizza (NYSE:DPZ) in a research note to investors on Monday, September 9th. They set a “buy” rating and a $70.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Domino’s Pizza (NYSE:DPZ) in a research note to investors on Tuesday, September 3rd. They now have a $65.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Domino’s Pizza (NYSE:DPZ) from a “buy” rating to a “hold” rating in a research note to investors on Monday, September 2nd. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Domino’s Pizza presently has an average rating of “Hold” and a consensus price target of $59.80.
Domino’s Pizza has a 52 week low of $37.17 and a 52 week high of $67.80. The stock’s 50-day moving average is $63.79 and its 200-day moving average is $58.66. The company has a market cap of $3.781 billion and a price-to-earnings ratio of 29.86.
Domino’s Pizza (NYSE:DPZ) last released its earnings data on Tuesday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.01. The company had revenue of $414.00 million for the quarter, compared to the consensus estimate of $405.06 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts predict that Domino’s Pizza will post $2.44 earnings per share for the current fiscal year.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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