Brokerages Set Domino’s Pizza Inc. (DPZ) PT at $152.58
Shares of Domino’s Pizza Inc. (NYSE:DPZ) have received a consensus recommendation of “Hold” from the twenty-one research firms that are currently covering the stock. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $152.58.
A number of brokerages have recently commented on DPZ. Maxim Group increased their price target on shares of Domino’s Pizza from $158.00 to $162.00 and gave the stock a “hold” rating in a report on Wednesday, October 19th. Jefferies Group reissued a “neutral” rating and issued a $150.00 price target (up previously from $135.00) on shares of Domino’s Pizza in a report on Wednesday, October 19th. Zacks Investment Research lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Thursday, August 4th. BTIG Research set a $195.00 target price on shares of Domino’s Pizza and gave the company a “buy” rating in a report on Wednesday, October 19th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of Domino’s Pizza in a report on Sunday, July 31st.
In related news, Director Vernon O. Hamilton sold 4,000 shares of Domino’s Pizza stock in a transaction dated Friday, October 21st. The shares were sold at an average price of $165.28, for a total transaction of $661,120.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard E. Allison, Jr. sold 20,000 shares of Domino’s Pizza stock in a transaction dated Thursday, October 20th. The shares were sold at an average price of $164.88, for a total transaction of $3,297,600.00. Following the transaction, the insider now directly owns 42,080 shares of the company’s stock, valued at $6,938,150.40. The disclosure for this sale can be found here. Corporate insiders own 5.03% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Capstone Asset Management Co. boosted its position in shares of Domino’s Pizza by 2.6% in the second quarter. Capstone Asset Management Co. now owns 5,569 shares of the company’s stock worth $732,000 after buying an additional 140 shares during the period. Gateway Investment Advisers LLC acquired a new position in shares of Domino’s Pizza during the second quarter worth about $11,214,000. Gulf International Bank UK Ltd acquired a new position in shares of Domino’s Pizza during the second quarter worth about $1,950,000. British Columbia Investment Management Corp acquired a new position in shares of Domino’s Pizza during the second quarter worth about $4,336,000. Finally, Boothbay Fund Management LLC acquired a new position in shares of Domino’s Pizza during the first quarter worth about $216,000. 95.41% of the stock is owned by institutional investors.
Domino’s Pizza (NYSE:DPZ) opened at 164.31 on Thursday. The firm has a market cap of $7.90 billion, a price-to-earnings ratio of 40.85 and a beta of 0.62. The company has a 50-day moving average of $159.35 and a 200 day moving average of $141.73. Domino’s Pizza has a 12-month low of $100.59 and a 12-month high of $171.51.
Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Tuesday, October 18th. The company reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.06. The firm had revenue of $566.70 million for the quarter, compared to analyst estimates of $339.32 million. Domino’s Pizza had a net margin of 8.55% and a negative return on equity of 11.03%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 EPS. Equities analysts expect that Domino’s Pizza will post $4.25 EPS for the current fiscal year.
Domino’s Pizza Company Profile
Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.
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