Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Domino’s Pizza Inc (NASDAQ:DPZGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the thirty-one analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $402.1613.

A number of equities analysts recently weighed in on DPZ shares. KeyCorp reaffirmed a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday. Gordon Haskett dropped their price target on Domino’s Pizza from $440.00 to $380.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Citigroup cut their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Northcoast Research cut their price target on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Finally, BTIG Research reaffirmed a “buy” rating and set a $425.00 price objective on shares of Domino’s Pizza in a research report on Tuesday.

Get Our Latest Stock Analysis on DPZ

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $313.16, for a total transaction of $152,822.08. Following the completion of the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,928,672.32. This represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 1,950 shares of company stock worth $611,451. Corporate insiders own 0.89% of the company’s stock.

Institutional Trading of Domino’s Pizza

A number of hedge funds and other institutional investors have recently made changes to their positions in DPZ. SHP Wealth Management acquired a new position in Domino’s Pizza during the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares in the last quarter. Investors Research Corp increased its stake in Domino’s Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 99 shares during the last quarter. MBM Wealth Consultants LLC acquired a new stake in Domino’s Pizza in the 1st quarter valued at $31,000. Finally, Cornerstone Planning Group LLC increased its stake in Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after buying an additional 81 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

More Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

Domino’s Pizza Stock Down 2.0%

Domino’s Pizza stock opened at $319.83 on Thursday. The stock has a market capitalization of $10.58 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 1.61 and a beta of 0.97. Domino’s Pizza has a twelve month low of $282.00 and a twelve month high of $486.68. The company has a 50 day moving average of $309.79 and a 200-day moving average of $356.34.

Domino’s Pizza (NASDAQ:DPZGet Free Report) last issued its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company had revenue of $1.19 billion for the quarter. During the same quarter last year, the firm posted $3.81 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. Equities analysts anticipate that Domino’s Pizza will post 18.86 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 annualized dividend and a yield of 2.5%. Domino’s Pizza’s payout ratio is presently 45.15%.

About Domino’s Pizza

(Get Free Report)

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.

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Analyst Recommendations for Domino's Pizza (NASDAQ:DPZ)

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