Domino’s Pizza Director Greg Trojan Unloads 12,250 Shares (DPZ)
Domino’s Pizza (NYSE:DPZ) Director Greg Trojan sold 12,250 shares of the company’s stock on the open market in a transaction dated Thursday, October 17th. The stock was sold at an average price of $66.33, for a total transaction of $812,542.50. Following the completion of the transaction, the director now directly owns 11,840 shares of the company’s stock, valued at approximately $785,347. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Domino’s Pizza from $53.00 to $57.00 in a research note to investors on Wednesday, October 16th. They now have an “equal weight” rating on the stock. Separately, analysts at Oppenheimer reiterated a “hold” rating on shares of Domino’s Pizza in a research note to investors on Tuesday, October 15th. They now have a $64.00 price target on the stock. Finally, analysts at Feltl & Co. raised their price target on shares of Domino’s Pizza from $58.00 to $63.00 in a research note to investors on Tuesday, October 15th. They now have a “hold” rating on the stock. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Domino’s Pizza presently has a consensus rating of “Hold” and a consensus price target of $62.80.
Domino’s Pizza (NYSE:DPZ) traded down 0.10% on Monday, hitting $66.98. The stock had a trading volume of 522,523 shares. Domino’s Pizza has a 52-week low of $38.98 and a 52-week high of $69.92. The stock has a 50-day moving average of $66.28 and a 200-day moving average of $60.4. The company has a market cap of $3.732 billion and a P/E ratio of 28.50.
Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.01. The company had revenue of $404.05 million for the quarter, compared to the consensus estimate of $402.70 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 6.9% 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.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 30th. Stockholders of record on Friday, December 13th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Wednesday, December 11th.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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