Domino’s Pizza, Inc. (NYSE:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts

Domino’s Pizza, Inc. (NYSE:DPZ) has received an average rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and nineteen have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $525.66.

DPZ has been the subject of several analyst reports. Robert W. Baird increased their price objective on shares of Domino’s Pizza from $510.00 to $530.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Stephens increased their price objective on shares of Domino’s Pizza from $479.00 to $513.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 30th. Oppenheimer raised their price target on shares of Domino’s Pizza from $530.00 to $580.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 30th. Benchmark raised their price target on shares of Domino’s Pizza from $510.00 to $575.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Finally, Argus raised their price target on shares of Domino’s Pizza from $580.00 to $600.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th.

Insider Buying and Selling at Domino’s Pizza

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

Institutional Trading of Domino’s Pizza

Several hedge funds have recently added to or reduced their stakes in DPZ. Turtle Creek Wealth Advisors LLC bought a new stake in Domino’s Pizza in the fourth quarter worth $25,000. Creative Financial Designs Inc. ADV increased its position in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 46 shares during the period. Crewe Advisors LLC purchased a new position in shares of Domino’s Pizza in the first quarter valued at about $36,000. Quadrant Capital Group LLC increased its position in shares of Domino’s Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after acquiring an additional 33 shares during the period. Finally, GAMMA Investing LLC purchased a new position in shares of Domino’s Pizza in the fourth quarter valued at about $78,000. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Stock Performance

Shares of NYSE DPZ opened at $492.61 on Wednesday. Domino’s Pizza has a fifty-two week low of $328.03 and a fifty-two week high of $542.75. The stock has a market cap of $17.18 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 2.55 and a beta of 0.87. The firm’s 50-day simple moving average is $516.13 and its 200 day simple moving average is $467.99.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data 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 firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $2.93 EPS. On average, sell-side analysts predict that Domino’s Pizza will post 16 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Friday, June 14th. Domino’s Pizza’s payout ratio is 39.43%.

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.