Domino's Pizza Upgraded to Buy by TheStreet (DPZ)
A number of other analysts have also recently weighed in 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $76.42.
Shares of Domino's Pizza (NYSE:DPZ) traded up 0.15% on Tuesday, hitting $75.155. 58,957 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 $73.39 and a 200-day moving average of $73.82. The company has a market cap of $4.142 billion and a P/E ratio of 27.89.
Domino's Pizza (NYSE:DPZ) last issued its quarterly 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. On average, analysts predict that Domino's Pizza will post $2.87 earnings per share 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 1.33%. The ex-dividend date is Thursday, September 11th.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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