Domino’s Pizza Inc (NYSE:DPZ) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Domino’s Pizza Inc (NYSE:DPZ) have earned an average recommendation of “Hold” from the twenty-four research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $182.23.
DPZ has been the topic of several recent analyst reports. Guggenheim initiated coverage on shares of Domino’s Pizza in a report on Friday, April 21st. They issued a “buy” rating and a $192.00 target price on the stock. OTR Global restated a “positive” rating on shares of Domino’s Pizza in a report on Saturday, April 22nd. Longbow Research cut shares of Domino’s Pizza from a “buy” rating to a “neutral” rating in a report on Friday, June 9th. Jefferies Group LLC restated a “hold” rating and issued a $180.00 target price on shares of Domino’s Pizza in a report on Wednesday, April 12th. Finally, Stephens restated an “equal weight” rating and issued a $185.00 target price on shares of Domino’s Pizza in a report on Friday, April 28th.
A number of institutional investors have recently made changes to their positions in the stock. KAMES CAPITAL plc raised its position in shares of Domino’s Pizza by 36.2% in the second quarter. KAMES CAPITAL plc now owns 240,991 shares of the restaurant operator’s stock valued at $50,967,000 after buying an additional 64,037 shares in the last quarter. M Holdings Securities Inc. raised its position in Domino’s Pizza by 0.6% in the first quarter. M Holdings Securities Inc. now owns 3,263 shares of the restaurant operator’s stock valued at $601,000 after buying an additional 19 shares in the last quarter. UBS Oconnor LLC bought a new position in Domino’s Pizza during the first quarter valued at about $2,249,000. Achmea Investment Management B.V. bought a new position in Domino’s Pizza during the first quarter valued at about $1,388,000. Finally, Janus Capital Management LLC raised its position in Domino’s Pizza by 47.5% in the first quarter. Janus Capital Management LLC now owns 340,045 shares of the restaurant operator’s stock valued at $62,670,000 after buying an additional 109,500 shares in the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.
Shares of Domino’s Pizza (NYSE:DPZ) opened at 212.32 on Monday. The firm has a market capitalization of $10.21 billion, a P/E ratio of 45.40 and a beta of 0.38. Domino’s Pizza has a 52-week low of $134.15 and a 52-week high of $221.58. The company’s 50-day moving average is $208.49 and its 200 day moving average is $185.44.
Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Thursday, April 27th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.10. Domino’s Pizza had a net margin of 9.06% and a negative return on equity of 12.21%. The firm had revenue of $624.20 million for the quarter, compared to analysts’ expectations of $615.66 million. During the same quarter last year, the business earned $0.89 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis. Analysts expect that Domino’s Pizza will post $5.45 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 15th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Tuesday, June 13th. Domino’s Pizza’s dividend payout ratio is currently 39.32%.
About Domino’s Pizza
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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