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Domino's Pizza (NYSE:DPZ) was upgraded by stock analysts at Miller Tabak from a “hold” rating to a “buy” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $81.00 price target on the stock. Miller Tabak’s target price points to a potential upside of 15.43% from the company’s current price.

Domino's Pizza (NYSE:DPZ) traded up 1.64% during mid-day trading on Monday, hitting $71.32. 203,627 shares of the company’s stock traded hands. Domino's Pizza has a 52-week low of $60.86 and a 52-week high of $80.61. The stock has a 50-day moving average of $73.12 and a 200-day moving average of $73.68. The company has a market cap of $3.931 billion and a P/E ratio of 26.08.

Domino's Pizza (NYSE:DPZ) last released its earnings data on Tuesday, July 22nd. The company reported $0.67 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.01. The company had revenue of $450.46 million for the quarter, compared to the consensus estimate of $442.13 million. During the same quarter last year, the company posted $0.57 earnings per share. Domino's Pizza’s revenue was up 8.8% compared to the same quarter last year. Analysts expect that Domino's Pizza will post $2.87 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Thursday, September 11th.

Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Domino's Pizza in a research note on Thursday. They now have a $79.00 price target on the stock, up previously from $77.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Domino's Pizza in a research note on Thursday, July 24th. They now have a $79.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Domino's Pizza in a research note on Friday, July 4th. They now have a $77.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $76.42.

Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.

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