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

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) have been given a consensus rating of “Moderate Buy” by the thirty research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has assigned 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 $504.03.

Several equities analysts have commented on the stock. Bank of America increased their price target on shares of Domino’s Pizza from $577.00 to $582.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Loop Capital restated a “hold” rating and set a $419.00 target price on shares of Domino’s Pizza in a research report on Friday, September 20th. Benchmark lowered their target price on shares of Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. Stephens restated an “equal weight” rating and set a $430.00 target price on shares of Domino’s Pizza in a research report on Thursday. Finally, BMO Capital Markets lowered their target price on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 11th.

Domino’s Pizza Stock Down 1.1 %

Shares of NYSE:DPZ opened at $408.75 on Friday. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. Domino’s Pizza has a fifty-two week low of $332.13 and a fifty-two week high of $542.75. The firm’s 50 day moving average price is $421.61 and its 200 day moving average price is $469.81.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating the consensus estimate of $3.68 by $0.35. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.08 earnings per share. On average, equities analysts anticipate that Domino’s Pizza will post 16.24 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Friday, September 13th. Domino’s Pizza’s payout ratio is currently 39.43%.

Institutional Trading of Domino’s Pizza

A number of institutional investors have recently modified their holdings of DPZ. Harbert Fund Advisors Inc. purchased a new stake in shares of Domino’s Pizza during the 4th quarter worth about $1,288,000. Quarry LP lifted its position in Domino’s Pizza by 130.2% during the 4th quarter. Quarry LP now owns 198 shares of the restaurant operator’s stock worth $82,000 after acquiring an additional 112 shares in the last quarter. American Trust acquired a new position in Domino’s Pizza during the 4th quarter worth approximately $257,000. Goldman Sachs Group Inc. lifted its position in Domino’s Pizza by 13.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 303,916 shares of the restaurant operator’s stock worth $125,283,000 after acquiring an additional 35,179 shares in the last quarter. Finally, Royal London Asset Management Ltd. lifted its position in Domino’s Pizza by 0.9% during the 4th quarter. Royal London Asset Management Ltd. now owns 13,442 shares of the restaurant operator’s stock worth $5,541,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

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.