Domino's Pizza (NYSE:DPZ) had its target price increased by stock analysts at Barclays from $215.00 to $240.00 in a research note issued on Tuesday. The brokerage presently has an “equal weight” rating on the restaurant operator’s stock. Barclays’ price objective suggests a potential upside of 12.39% from the company’s current price.
DPZ has been the subject of a number of other reports. Nomura lifted their price target on shares of Domino's Pizza to $230.00 and gave the company a “buy” rating in a research report on Thursday, January 11th. Oppenheimer upgraded shares of Domino's Pizza to a “buy” rating and set a $220.00 price target for the company in a research report on Thursday, January 4th. Credit Suisse Group upgraded shares of Domino's Pizza from a “neutral” rating to an “outperform” rating and set a $205.00 price target for the company in a research report on Thursday, January 4th. They noted that the move was a valuation call. Instinet restated a “neutral” rating and set a $201.00 price objective (up from $198.00) on shares of Domino's Pizza in a research report on Wednesday, October 4th. Finally, Guggenheim restated a “buy” rating and set a $230.00 price objective on shares of Domino's Pizza in a research report on Friday, October 13th. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $215.96.
Domino's Pizza (NYSE DPZ) traded up $2.63 during midday trading on Tuesday, hitting $213.54. 615,679 shares of the stock were exchanged, compared to its average volume of 1,010,000. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13. Domino's Pizza has a 52 week low of $165.67 and a 52 week high of $221.58. The firm has a market capitalization of $9,340.00, a P/E ratio of 40.67, a price-to-earnings-growth ratio of 1.76 and a beta of 0.37.
Several large investors have recently made changes to their positions in DPZ. Renaissance Technologies LLC increased its holdings in shares of Domino's Pizza by 43.7% during the second quarter. Renaissance Technologies LLC now owns 3,060,900 shares of the restaurant operator’s stock worth $647,472,000 after buying an additional 930,200 shares in the last quarter. Koch Industries Inc. increased its holdings in shares of Domino's Pizza by 21,599.0% during the second quarter. Koch Industries Inc. now owns 568,730 shares of the restaurant operator’s stock worth $566,000 after buying an additional 566,109 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Domino's Pizza by 8,627.9% during the second quarter. Janus Henderson Group PLC now owns 410,559 shares of the restaurant operator’s stock worth $86,845,000 after buying an additional 405,855 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Domino's Pizza by 8.5% during the second quarter. Vanguard Group Inc. now owns 4,164,927 shares of the restaurant operator’s stock worth $881,007,000 after buying an additional 327,585 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in shares of Domino's Pizza during the third quarter worth $32,236,000.
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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.
