Domino's Pizza, Inc. (DPZ) Given Average Rating of “Hold” by Analysts
Shares of Domino's Pizza, Inc. (NYSE:DPZ) have been assigned an average recommendation of “Hold” from the twenty-one analysts that are presently covering the firm. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $172.25.
DPZ has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Domino's Pizza from a “sell” rating to a “hold” rating in a research report on Monday, February 6th. KeyCorp upgraded shares of Domino's Pizza from a “sector weight” rating to an “overweight” rating and set a $200.00 target price for the company in a research report on Friday, January 20th. Jefferies Group LLC lifted their target price on shares of Domino's Pizza from $150.00 to $180.00 and gave the company a “hold” rating in a research report on Wednesday, March 1st. OTR Global reiterated a “positive” rating on shares of Domino's Pizza in a research report on Saturday, April 22nd. Finally, Maxim Group lifted their target price on shares of Domino's Pizza from $171.00 to $186.00 and gave the company a “hold” rating in a research report on Tuesday, February 28th.
Shares of Domino's Pizza (NYSE:DPZ) traded up 1.06% during trading on Friday, hitting $196.77. 308,219 shares of the stock traded hands. The stock has a 50-day moving average of $184.81 and a 200 day moving average of $176.00. The company has a market cap of $9.46 billion, a P/E ratio of 42.07 and a beta of 0.65. Domino's Pizza has a 1-year low of $120.35 and a 1-year high of $198.00.
Domino's Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, April 27th. The restaurant operator reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.10. Domino's Pizza had a net margin of 8.55% and a negative return on equity of 11.03%. The company had revenue of $624.20 million during the quarter, compared to analyst estimates of $615.66 million. During the same period last year, the business earned $0.89 earnings per share. Domino's Pizza’s revenue was up 15.8% compared to the same quarter last year. On average, equities research analysts predict that Domino's Pizza will post $5.43 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Tuesday, June 13th. Domino's Pizza’s dividend payout ratio (DPR) is presently 37.91%.
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In other news, Director Richard L. Federico sold 2,500 shares of the business’s stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $185.42, for a total transaction of $463,550.00. Following the sale, the director now owns 8,400 shares in the company, valued at approximately $1,557,528. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 5.03% of the company’s stock.
Several hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. boosted its stake in shares of Domino's Pizza by 83.4% in the third quarter. Ameritas Investment Partners Inc. now owns 14,543 shares of the restaurant operator’s stock worth $2,208,000 after buying an additional 6,613 shares during the period. Samlyn Capital LLC boosted its stake in shares of Domino's Pizza by 37.9% in the third quarter. Samlyn Capital LLC now owns 48,177 shares of the restaurant operator’s stock worth $7,316,000 after buying an additional 13,237 shares during the period. Weiss Asset Management LP acquired a new stake in shares of Domino's Pizza during the third quarter worth approximately $234,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Domino's Pizza by 85.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,146 shares of the restaurant operator’s stock worth $1,389,000 after buying an additional 4,216 shares during the period. Finally, AMP Capital Investors Ltd boosted its stake in shares of Domino's Pizza by 1.7% in the third quarter. AMP Capital Investors Ltd now owns 12,004 shares of the restaurant operator’s stock worth $1,823,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 91.75% of the company’s stock.
Domino's Pizza Company Profile
Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.
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