Domino’s Pizza, Inc. (NASDAQ:DPZ) Receives $503.22 Consensus PT from Analysts

Domino’s Pizza, Inc. (NASDAQ:DPZ) has earned a consensus rating of “Moderate Buy” from the twenty-eight brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $502.70.

A number of analysts recently commented on DPZ shares. Wells Fargo & Company lowered their price objective on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. BTIG Research dropped their price target on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, October 11th. JPMorgan Chase & Co. reduced their price objective on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research note on Friday, October 11th. Benchmark reiterated a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research report on Friday, October 11th. Finally, Jefferies Financial Group decreased their price objective on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research note on Friday, October 11th.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $447.76 on Friday. The business’s fifty day moving average price is $439.89 and its two-hundred day moving average price is $432.68. The firm has a market capitalization of $15.46 billion, a price-to-earnings ratio of 27.50, a PEG ratio of 2.25 and a beta of 0.90. Domino’s Pizza has a 52 week low of $396.06 and a 52 week high of $542.75.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the transaction, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This trade represents a 57.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Summit Trail Advisors LLC boosted its holdings in shares of Domino’s Pizza by 5.0% in the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock valued at $293,000 after buying an additional 27 shares during the last quarter. Mather Group LLC. raised its position in Domino’s Pizza by 5.7% during the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock worth $294,000 after acquiring an additional 37 shares in the last quarter. Vontobel Holding Ltd. lifted its stake in Domino’s Pizza by 0.5% in the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock valued at $3,266,000 after acquiring an additional 40 shares during the last quarter. Shepherd Financial Partners LLC grew its position in shares of Domino’s Pizza by 2.0% in the 3rd quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after acquiring an additional 40 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in shares of Domino’s Pizza by 10.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock worth $185,000 after purchasing an additional 40 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

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.