Domino's Pizza Given Average Rating of “Hold” by Analysts (NYSE:DPZ)
Domino's Pizza (NYSE:DPZ) has earned an average recommendation of “Hold” from the fifteen analysts that are presently covering the company, Analyst RN reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $76.42.
Domino's Pizza (NYSE:DPZ) opened at 74.75 on Monday. 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 $73.50 and a 200-day moving average of $73.89. The company has a market cap of $4.120 billion and a P/E ratio of 27.74.
Domino's Pizza (NYSE:DPZ) last announced its earnings results 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 in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. 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 1.34%. The ex-dividend date is Thursday, September 11th.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Domino's Pizza to a “buy” rating in a research note on Tuesday. Separately, 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. Finally, 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.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.