Domino’s Pizza Inc (NASDAQ:DPZ) Given Average Rating of “Hold” by Analysts

Domino’s Pizza Inc (NASDAQ:DPZ) has earned a consensus recommendation of “Hold” from the twenty-eight analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, eleven have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $475.7143.

Several equities analysts recently issued reports on DPZ shares. Guggenheim dropped their target price on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. BTIG Research reiterated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, February 24th. TD Cowen reissued a “hold” rating and issued a $460.00 price objective on shares of Domino’s Pizza in a research report on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Domino’s Pizza in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. upgraded Domino’s Pizza from a “neutral” rating to an “overweight” rating and cut their target price for the company from $460.00 to $450.00 in a research report on Tuesday, February 24th.

Institutional Trading of Domino’s Pizza

Large investors have recently modified their holdings of the stock. SHP Wealth Management bought a new stake in shares of Domino’s Pizza in the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 34 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in Domino’s Pizza by 200.0% in the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Domino’s Pizza in the second quarter worth $42,000. Finally, Arax Advisory Partners bought a new stake in Domino’s Pizza in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $375.30 on Friday. Domino’s Pizza has a 52-week low of $370.70 and a 52-week high of $499.08. The firm has a 50 day moving average price of $398.48 and a two-hundred day moving average price of $414.67. The firm has a market cap of $12.62 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 1.63 and a beta of 1.16.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, February 23rd. The restaurant operator reported $5.35 EPS for the quarter, missing analysts’ consensus estimates of $5.38 by ($0.03). Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The firm had revenue of $1.54 billion during the quarter. During the same quarter in the prior year, the company posted $4.89 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. As a group, equities research analysts predict that Domino’s Pizza will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be paid a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.1%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.74. The ex-dividend date of this dividend is Friday, March 13th. Domino’s Pizza’s payout ratio is presently 45.30%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.