Domino’s Pizza, Inc. (NYSE:DPZ) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Domino’s Pizza, Inc. (NYSE:DPZGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the twenty-nine brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $527.38.

Several equities research analysts recently issued reports on the company. BTIG Research upped their price target on Domino’s Pizza from $515.00 to $580.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Stifel Nicolaus upped their price target on Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. TD Cowen upped their price target on Domino’s Pizza from $580.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, June 13th. TD Securities reissued a “buy” rating and set a $580.00 price target on shares of Domino’s Pizza in a research report on Thursday, May 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Domino’s Pizza from $555.00 to $580.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th.

Get Our Latest Report on DPZ

Insider Transactions at Domino’s Pizza

In related news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the completion of the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the completion of the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Cynthia A. Headen sold 745 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the transaction, the executive vice president now directly owns 3,910 shares of the company’s stock, valued at approximately $2,073,473. The disclosure for this sale can be found here. Company insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Domino’s Pizza

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Investment Advisors LLC boosted its position in shares of Domino’s Pizza by 1.1% in the 4th quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock valued at $917,000 after purchasing an additional 25 shares during the period. Wealthsource Partners LLC boosted its position in shares of Domino’s Pizza by 2.0% in the 4th quarter. Wealthsource Partners LLC now owns 1,284 shares of the restaurant operator’s stock valued at $529,000 after purchasing an additional 25 shares during the period. Summit Trail Advisors LLC boosted its position in shares of Domino’s Pizza by 4.8% in the 1st quarter. Summit Trail Advisors LLC now owns 541 shares of the restaurant operator’s stock valued at $269,000 after purchasing an additional 25 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Domino’s Pizza by 2.9% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 934 shares of the restaurant operator’s stock valued at $385,000 after purchasing an additional 26 shares during the period. Finally, Czech National Bank boosted its position in shares of Domino’s Pizza by 0.4% in the 1st quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock valued at $3,049,000 after purchasing an additional 27 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 4.5 %

Domino’s Pizza stock opened at $477.83 on Wednesday. The stock has a market cap of $16.67 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 2.47 and a beta of 0.87. The stock has a 50 day moving average of $514.70 and a 200-day moving average of $471.06. Domino’s Pizza has a 52 week low of $330.05 and a 52 week high of $542.75.

Domino’s Pizza (NYSE:DPZGet Free Report) last released its earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, beating the consensus estimate of $3.46 by $0.12. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.93 EPS. As a group, equities analysts predict that Domino’s Pizza will post 16 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $1.51 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $6.04 annualized dividend and a dividend yield of 1.26%. Domino’s Pizza’s payout ratio is 39.43%.

Domino’s Pizza Company Profile

(Get Free Report

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.

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

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