Domino’s Pizza, Inc. (NASDAQ:DPZ) Receives $502.33 Consensus PT from Brokerages

Domino’s Pizza, Inc. (NASDAQ:DPZ) has earned an average recommendation of “Moderate Buy” from the twenty-eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $502.33.

A number of analysts recently issued reports on the company. TD Cowen upped their target price on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Barclays reduced their price target on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Loop Capital raised Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $419.00 to $559.00 in a report on Friday, November 8th. Oppenheimer raised their price target on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Finally, Morgan Stanley dropped their price target on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Sherman Asset Management Inc. acquired a new stake in Domino’s Pizza in the 4th quarter valued at approximately $25,000. True Wealth Design LLC boosted its position in shares of Domino’s Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after buying an additional 61 shares during the period. Brown Brothers Harriman & Co. boosted its position in Domino’s Pizza by 1,016.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Covestor Ltd boosted its position in Domino’s Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 26 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $476.66 on Thursday. Domino’s Pizza has a 1-year low of $396.06 and a 1-year high of $542.75. The company has a market cap of $16.46 billion, a price-to-earnings ratio of 29.28, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. The stock’s 50-day moving average is $439.44 and its two-hundred day moving average is $433.40.

About Domino’s Pizza

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.