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

Domino’s Pizza, Inc. (NYSE:DPZ) has received an average rating of “Moderate Buy” from the twenty-nine ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $507.93.

DPZ has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. Barclays cut their target price on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. BMO Capital Markets decreased their price target on Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating for the company in a research note on Wednesday, September 11th. TD Cowen cut their price objective on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating on the stock in a research report on Monday, September 16th. Finally, Benchmark decreased their target price on Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating for the company in a research report on Monday, July 22nd.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $414.42 on Monday. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 2.14 and a beta of 0.86. The stock has a 50 day moving average price of $426.56 and a 200-day moving average price of $472.62. Domino’s Pizza has a one year low of $330.05 and a one year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping the consensus estimate of $3.68 by $0.35. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the previous year, the firm earned $3.08 earnings per share. Domino’s Pizza’s quarterly revenue was up 7.1% compared to the same quarter last year. Sell-side analysts predict that Domino’s Pizza will post 16.24 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Friday, September 13th. Domino’s Pizza’s payout ratio is 39.43%.

Institutional Trading of Domino’s Pizza

Several large investors have recently added to or reduced their stakes in DPZ. Blue Trust Inc. boosted its position in Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 39 shares during the last quarter. Crewe Advisors LLC acquired a new stake in Domino’s Pizza during the 1st quarter valued at approximately $36,000. Versant Capital Management Inc boosted its holdings in shares of Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after acquiring an additional 72 shares during the last quarter. Quadrant Capital Group LLC increased its stake 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 worth $46,000 after acquiring an additional 33 shares during the period. Finally, ORG Partners LLC purchased a new position in shares of Domino’s Pizza during the second quarter worth $62,000. 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.