Shares of DPC Holdings PLC (NYSE:DPC – Get Free Report) have been given an average rating of “Hold” by the seven analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $50.30.
A number of equities research analysts have weighed in on DPC shares. Jefferies Financial Group started coverage on shares of DPC in a research note on Monday, July 20th. They set a “buy” rating and a $56.00 price target on the stock. Weiss Ratings cut shares of DPC from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday. Barclays started coverage on shares of DPC in a research note on Friday, October 9th. They issued an “overweight” rating and a $49.00 price objective for the company. Morgan Stanley reduced their price objective on shares of DPC from $59.00 to $43.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. Finally, Zacks Research upgraded shares of DPC to a “hold” rating in a research report on Tuesday, July 21st.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DPC. State of Wyoming acquired a new position in shares of DPC in the 3rd quarter worth approximately $34,000. MADDEN SECURITIES Corp acquired a new stake in DPC in the 3rd quarter valued at $1,636,000. Sterling Capital Management LLC acquired a new stake in DPC in the 3rd quarter valued at $25,000. Zevenbergen Capital Investments LLC bought a new stake in DPC in the third quarter valued at $315,000. Finally, HBK Investments L P bought a new stake in DPC in the second quarter valued at $72,750,000.
DPC Trading Down 6.5%
Shares of NYSE:DPC opened at $27.39 on Friday. DPC has a 1-year low of $25.00 and a 1-year high of $57.25. The firm has a market cap of $4.09 billion and a price-to-earnings ratio of 547.80. The stock’s 50 day moving average price is $38.12. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.48 and a quick ratio of 1.22.
DPC (NYSE:DPC – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The firm had revenue of $268.70 million during the quarter. On average, sell-side analysts predict that DPC will post -0.66 EPS for the current year.
About DPC
DPC Dash Ltd. (NYSE: DPC) is a quick-service restaurant company that develops and operates Domino’s Pizza stores in China. The company serves customers through a network of company-operated and franchised locations, offering pizzas, side dishes, desserts and beverages for delivery, carryout and dine-in service.
DPC Dash operates under an exclusive master franchise agreement with Domino’s Pizza for mainland China. Its business focuses on expanding the Domino’s brand in the Chinese market while adapting store operations, digital ordering and menu offerings to local consumer preferences.
The company traces its operations in China to 2010 and is headquartered in Shanghai.
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