Domino's Pizza Rating Lowered to Underperform at Bank of America (DPZ)
Shares of Domino's Pizza (NYSE:DPZ) opened at 72.18 on Tuesday. Domino's Pizza has a 52 week low of $55.75 and a 52 week high of $80.61. The stock’s 50-day moving average is $72.45 and its 200-day moving average is $72.89. The company has a market cap of $4.015 billion and a price-to-earnings ratio of 27.90.
Domino's Pizza (NYSE:DPZ) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.03. The company had revenue of $453.85 million for the quarter, compared to the consensus estimate of $444.91 million. During the same quarter in the prior year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts predict that Domino's Pizza will post $2.84 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group initiated coverage on shares of Domino's Pizza in a research note on Tuesday, June 10th. They set a “buy” rating and a $85.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of Domino's Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Domino's Pizza in a research note on Monday, May 5th. They now have a $77.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. Domino's Pizza presently has a consensus rating of “Hold” and a consensus price target of $76.45.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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