Domino’s Pizza Inc (NYSE:DPZ) has been assigned an average rating of “Buy” from the twenty-one ratings firms that are currently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $197.14.

Several equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $204.00 price target on the stock in a research note on Monday, September 4th. BidaskClub downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Stephens upgraded shares of Domino’s Pizza from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $210.00 to $185.00 in a research note on Wednesday, July 26th. Maxim Group upped their price target on shares of Domino’s Pizza from $186.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, June 1st. Finally, Bank of America Corporation upped their price target on shares of Domino’s Pizza from $210.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, June 13th.

COPYRIGHT VIOLATION WARNING: “Domino’s Pizza Inc (DPZ) Receives Consensus Rating of “Hold” from Analysts” was originally published by American Banking News and is the property of of American Banking News. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/09/23/dominos-pizza-inc-dpz-receives-consensus-rating-of-hold-from-analysts.html.

Several hedge funds have recently bought and sold shares of DPZ. UBS Asset Management Americas Inc. lifted its holdings in shares of Domino’s Pizza by 9.5% in the first quarter. UBS Asset Management Americas Inc. now owns 108,684 shares of the restaurant operator’s stock worth $20,030,000 after acquiring an additional 9,434 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Domino’s Pizza by 18.1% in the first quarter. Sei Investments Co. now owns 2,807 shares of the restaurant operator’s stock worth $517,000 after acquiring an additional 431 shares during the last quarter. State of Wisconsin Investment Board lifted its holdings in shares of Domino’s Pizza by 17.4% in the first quarter. State of Wisconsin Investment Board now owns 32,021 shares of the restaurant operator’s stock worth $5,901,000 after acquiring an additional 4,738 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Domino’s Pizza by 202.5% in the first quarter. Prudential Financial Inc. now owns 87,711 shares of the restaurant operator’s stock worth $16,166,000 after acquiring an additional 58,715 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Domino’s Pizza by 41.8% in the first quarter. Stifel Financial Corp now owns 9,656 shares of the restaurant operator’s stock worth $1,773,000 after acquiring an additional 2,847 shares during the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza (NYSE DPZ) opened at 197.21 on Friday. The stock’s 50 day moving average is $188.46 and its 200-day moving average is $194.48. The company has a market capitalization of $9.52 billion, a P/E ratio of 39.19 and a beta of 0.36. Domino’s Pizza has a 12-month low of $149.67 and a 12-month high of $221.58.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.23 by $0.09. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The business had revenue of $628.61 million for the quarter, compared to the consensus estimate of $609.87 million. During the same period in the prior year, the company posted $0.98 earnings per share. Domino’s Pizza’s revenue was up 14.8% compared to the same quarter last year. On average, equities analysts predict that Domino’s Pizza will post $5.69 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.46 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.93%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 36.65%.

Domino’s Pizza declared that its board has approved a share repurchase program on Wednesday, August 2nd that authorizes the company to repurchase $1.25 billion in shares. This repurchase authorization authorizes the restaurant operator to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

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.

Analyst Recommendations for Domino`s Pizza (NYSE:DPZ)

Receive News & Ratings for Domino's Pizza Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Inc and related companies with MarketBeat.com's FREE daily email newsletter.