Domino's Pizza (NYSE:DPZ) had its target price lifted by stock analysts at Oppenheimer from $220.00 to $230.00 in a note issued to investors on Wednesday. The brokerage currently has an “outperform” rating on the restaurant operator’s stock. Oppenheimer’s price target would suggest a potential upside of 9.64% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Deutsche Bank increased their price target on Domino's Pizza to $220.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Nomura increased their price target on Domino's Pizza to $230.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Maxim Group increased their price target on Domino's Pizza from $240.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Barclays increased their price target on Domino's Pizza from $184.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 11th. Finally, Mizuho began coverage on Domino's Pizza in a research report on Wednesday, January 24th. They set a “buy” rating and a $250.00 price target on the stock. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $219.91.

Domino's Pizza (NYSE DPZ) traded up $1.78 on Wednesday, hitting $209.78. The stock had a trading volume of 918,303 shares, compared to its average volume of 1,020,000. Domino's Pizza has a fifty-two week low of $166.74 and a fifty-two week high of $221.91. The company has a quick ratio of 1.39, a current ratio of 1.49 and a debt-to-equity ratio of -1.13. The company has a market cap of $9,170.00, a P/E ratio of 39.96, a price-to-earnings-growth ratio of 1.75 and a beta of 0.45.

In related news, CFO Jeffrey D. Lawrence sold 17,000 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $184.87, for a total transaction of $3,142,790.00. Following the completion of the sale, the chief financial officer now directly owns 26,841 shares in the company, valued at approximately $4,962,095.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.57% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in DPZ. Dimensional Fund Advisors LP raised its stake in Domino's Pizza by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 193,591 shares of the restaurant operator’s stock valued at $40,950,000 after buying an additional 771 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Domino's Pizza by 1.7% in the second quarter. The Manufacturers Life Insurance Company now owns 73,040 shares of the restaurant operator’s stock valued at $15,451,000 after buying an additional 1,241 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Domino's Pizza by 3.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 9,741 shares of the restaurant operator’s stock valued at $2,061,000 after buying an additional 316 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in Domino's Pizza in the second quarter valued at about $435,000. Finally, Cetera Investment Advisers purchased a new stake in Domino's Pizza in the second quarter valued at about $291,000. Institutional investors own 94.20% of the company’s stock.

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About Domino's Pizza

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.

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

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