Domino's Pizza Given Average Recommendation of “Hold” by Analysts (NYSE:DPZ)
Shares of Domino's Pizza (NYSE:DPZ) have been given a consensus recommendation of “Hold” by the fifteen analysts that are presently covering the company, Analyst RN reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $76.42.
A number of research firms have recently commented on DPZ. Analysts at Miller Tabak upgraded shares of Domino's Pizza from a “hold” rating to a “buy” rating in a research note on Monday, August 4th. They now have a $81.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Domino's Pizza in a research note on Thursday, July 31st. They now have a $79.00 price target on the stock, up previously from $77.00. Finally, 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.
Domino's Pizza (NYSE:DPZ) traded up 0.44% on Monday, hitting $74.88. The stock had a trading volume of 11,356 shares. Domino's Pizza has a 1-year low of $60.86 and a 1-year high of $80.61. The stock’s 50-day moving average is $73.3 and its 200-day moving average is $73.75. The company has a market cap of $4.127 billion and a P/E ratio of 27.70.
Domino's Pizza (NYSE:DPZ) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.67 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Analysts expect that Domino's Pizza will post $2.87 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Thursday, September 11th.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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