Domino's Pizza (DPZ) Now Covered by Analysts at Deutsche Bank

Research analysts at Deutsche Bank began coverage on shares of Domino's Pizza (NYSE:DPZ) in a note issued to investors on Monday, MarketBeat.com reports. The brokerage set a “buy” rating and a $210.00 price target on the restaurant operator’s stock. Deutsche Bank’s target price points to a potential upside of 12.90% from the stock’s previous close.

Several other analysts also recently commented on the stock. Zacks Investment Research raised shares of Domino's Pizza from a “hold” rating to a “buy” rating and set a $200.00 target price for the company in a report on Monday, August 28th. Maxim Group raised shares of Domino's Pizza from a “hold” rating to a “buy” rating and lifted their target price for the stock from $220.00 to $230.00 in a report on Thursday, November 2nd. Credit Suisse Group boosted their price objective on shares of Domino's Pizza from $200.00 to $205.00 and gave the company a “neutral” rating in a report on Friday, October 13th. Guggenheim reissued a “buy” rating and issued a $230.00 price objective on shares of Domino's Pizza in a report on Friday, October 13th. Finally, Barclays boosted their price objective on shares of Domino's Pizza from $180.00 to $184.00 and gave the company an “equal weight” rating in a report on Friday, October 13th. Eleven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $207.28.

Shares of Domino's Pizza (NYSE:DPZ) traded up $0.96 during mid-day trading on Monday, hitting $186.00. 1,627,851 shares of the company traded hands, compared to its average volume of 946,944. The company has a market cap of $8,091.23, a P/E ratio of 34.71, a price-to-earnings-growth ratio of 1.92 and a beta of 0.37. The company has a quick ratio of 1.39, a current ratio of 1.49 and a debt-to-equity ratio of -1.13. Domino's Pizza has a 1-year low of $156.26 and a 1-year high of $221.58.

Domino's Pizza (NYSE:DPZ) last announced its earnings results on Thursday, October 12th. The restaurant operator reported $1.27 EPS for the quarter, topping the consensus estimate of $1.22 by $0.05. The business had revenue of $643.60 million during the quarter, compared to the consensus estimate of $627.85 million. Domino's Pizza had a net margin of 9.47% and a negative return on equity of 12.59%. Domino's Pizza’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 EPS. equities research analysts anticipate that Domino's Pizza will post 5.79 earnings per share for the current fiscal year.

In other news, insider Russell J. Weiner sold 7,276 shares of the business’s stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $195.00, for a total value of $1,418,820.00. Following the completion of the transaction, the insider now directly owns 17,563 shares in the company, valued at approximately $3,424,785. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.57% of the company’s stock.

Several large investors have recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC raised its position in shares of Domino's Pizza by 1.3% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 1,996 shares of the restaurant operator’s stock valued at $422,000 after buying an additional 25 shares in the last quarter. MML Investors Services LLC raised its position in shares of Domino's Pizza by 3.2% in the 2nd quarter. MML Investors Services LLC now owns 1,405 shares of the restaurant operator’s stock valued at $297,000 after buying an additional 44 shares in the last quarter. Mirador Capital Partners LP raised its position in shares of Domino's Pizza by 3.5% in the 2nd quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock valued at $321,000 after buying an additional 55 shares in the last quarter. Toronto Dominion Bank raised its position in shares of Domino's Pizza by 12.2% in the 2nd quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock valued at $125,000 after buying an additional 64 shares in the last quarter. Finally, Commonwealth Bank of Australia raised its position in shares of Domino's Pizza by 25.0% in the 2nd quarter. Commonwealth Bank of Australia now owns 500 shares of the restaurant operator’s stock valued at $105,000 after buying an additional 100 shares in the last quarter. Institutional investors own 94.20% of the company’s stock.

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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.