Domino’s Pizza (NASDAQ:DPZ – Get Free Report) had its target price decreased by research analysts at Oppenheimer from $465.00 to $415.00 in a research report issued on Tuesday, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the restaurant operator’s stock. Oppenheimer’s target price indicates a potential upside of 29.76% from the company’s current price.
A number of other equities analysts have also recently commented on DPZ. Morgan Stanley lowered their target price on Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Royal Bank Of Canada reissued a “sector perform” rating and set a $325.00 price target on shares of Domino’s Pizza in a research report on Tuesday, June 23rd. Mizuho lowered their price objective on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating for the company in a research note on Tuesday, April 28th. Jefferies Financial Group cut their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating on the stock in a research note on Tuesday, April 28th. Finally, Evercore reiterated an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $402.16.
Check Out Our Latest Report on DPZ
Domino’s Pizza Stock Down 2.0%
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The firm had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm earned $3.81 earnings per share. On average, sell-side analysts expect that Domino’s Pizza will post 18.86 EPS for the current fiscal year.
Insider Buying and Selling
In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $313.16, for a total value of $152,822.08. Following the sale, the executive vice president directly owned 9,352 shares of the company’s stock, valued at approximately $2,928,672.32. This represents a 4.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. In the last ninety days, insiders have sold 1,950 shares of company stock worth $611,451. Insiders own 0.89% of the company’s stock.
Hedge Funds Weigh In On Domino’s Pizza
Several large investors have recently bought and sold shares of DPZ. Huntleigh Advisors Inc. boosted its stake in shares of Domino’s Pizza by 5.0% during the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock valued at $221,000 after acquiring an additional 25 shares during the last quarter. Diversify Advisory Services LLC lifted its holdings in Domino’s Pizza by 5.1% in the 3rd quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after purchasing an additional 33 shares in the last quarter. Andina Capital Management LLC lifted its holdings in Domino’s Pizza by 3.1% in the 4th quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock valued at $457,000 after purchasing an additional 33 shares in the last quarter. Novem Group boosted its stake in shares of Domino’s Pizza by 5.1% during the 4th quarter. Novem Group now owns 703 shares of the restaurant operator’s stock worth $293,000 after purchasing an additional 34 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Domino’s Pizza by 97.1% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Key Domino’s Pizza News
Here are the key news stories impacting Domino’s Pizza this week:
- Positive Sentiment: Domino’s reported quarterly revenue of about $1.19 billion, topping estimates and signaling that sales momentum is holding up better than expected. Domino’s Pizza shares rise as quarterly revenue tops estimates
- Positive Sentiment: Analysts responded with multiple price-target updates that still imply meaningful upside, including BMO, Oppenheimer, Wells Fargo and BTIG, which supports the stock after earnings. These Analysts Revise Their Forecasts On Domino’s After Q2 Results
- Positive Sentiment: Some commentary highlighted strong free cash flow and attractive valuation, suggesting investors may view DPZ as inexpensive relative to its earnings power. Domino’s Pizza Delivers Strong FCF and FCF Margins – Is DPZ Stock Too Cheap?
- Neutral Sentiment: Domino’s launched S’mores Lava Cakes nationwide, a marketing/menu move that could help traffic but is not a major near-term earnings catalyst. Domino’s Pizza (DPZ) Launches S’mores Lava Cakes Nationwide Across The U.S.
- Negative Sentiment: Adjusted EPS missed consensus, and several reports said the outlook remains murky due to weaker ticket trends, promotion pressure and higher costs. Domino’s revenue beats estimates as supply-chain business offsets weak demand
- Negative Sentiment: CEO Russell Weiner sold 10,850 shares for about $3.6 million, which may raise some investor caution about insider sentiment. Domino’s CEO Russell Weiner Sells 10,850 Shares for $3.6 Million — Should Investors Be Worried?
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.
Further Reading
- Five stocks we like better than Domino’s Pizza
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.
