Domino’s Pizza Inc (DPZ) – What Are Analysts Saying About This Stock?

Shares of Domino’s Pizza Inc (NASDAQ:DPZ) have been assigned a consensus rating of “Moderate Buy” from the thirty-two brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $380.87.

DPZ has been the subject of several analyst reports. Royal Bank Of Canada lowered their price target on shares of Domino’s Pizza from $325.00 to $320.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 14th. Gordon Haskett downgraded Domino’s Pizza from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 14th. Guggenheim cut their target price on shares of Domino’s Pizza from $440.00 to $325.00 and set a “neutral” rating for the company in a research report on Wednesday, September 23rd. Robert W. Baird decreased their price objective on Domino’s Pizza from $325.00 to $320.00 and set a “neutral” rating on the stock in a report on Wednesday, October 14th. Finally, Oppenheimer lowered their price target on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st.

Domino’s Pizza Price Performance

Shares of DPZ opened at $334.28 on Friday. The firm has a fifty day moving average price of $313.29 and a 200 day moving average price of $341.60. Domino’s Pizza has a 1-year low of $282.00 and a 1-year high of $442.35. The stock has a market cap of $11.00 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.33 by $0.27. The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. Domino’s Pizza’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.08 EPS. As a group, equities analysts expect that Domino’s Pizza will post 19.10 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be issued a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, December 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 43.86%.

Hedge Funds Weigh In On Domino’s Pizza

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Soroban Capital Partners LP acquired a new stake in Domino’s Pizza during the 1st quarter valued at $895,251,000. BlackRock Inc. purchased a new stake in shares of Domino’s Pizza during the 2nd quarter worth approximately $715,704,000. Arrowstreet Capital Limited Partnership lifted its position in Domino’s Pizza by 247.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock valued at $189,171,000 after purchasing an additional 375,709 shares during the last quarter. Royal Bank of Canada lifted its position in Domino’s Pizza by 5.2% during the first quarter. Royal Bank of Canada now owns 448,221 shares of the restaurant operator’s stock valued at $160,817,000 after buying an additional 22,320 shares during the period. Finally, Van ECK Associates Corp raised its position in Domino’s Pizza by 937,192.2% in the second quarter. Van ECK Associates Corp now owns 478,019 shares of the restaurant operator’s stock worth $141,513,000 after acquiring an additional 477,968 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc is a global restaurant company that operates and franchises Domino’s-branded pizza stores. Its core business focuses on pizza delivery and carryout, supported by digital ordering platforms, delivery technology and a supply chain that provides food and related products to stores.

The company’s menu includes a variety of pizzas, along with items such as chicken, sandwiches, pasta, bread products, desserts and beverages. Domino’s serves customers through a combination of company-owned and franchised locations, with franchisees operating the majority of its stores.

Founded in 1960 when Tom and James Monaghan acquired a small Michigan pizzeria, the business adopted the Domino’s name in 1965 and expanded through franchising.