Domino’s Pizza, Inc. (NYSE:DPZ) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) have earned a consensus rating of “Moderate Buy” from the twenty-nine analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, nineteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $517.39.

A number of research analysts have recently issued reports on DPZ shares. BMO Capital Markets dropped their price target on shares of Domino’s Pizza from $575.00 to $525.00 and set an “outperform” rating on the stock in a research note on Friday, July 19th. Baird R W raised Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Jefferies Financial Group lifted their price target on Domino’s Pizza from $455.00 to $480.00 and gave the company a “hold” rating in a research note on Tuesday, April 16th. Oppenheimer reiterated an “outperform” rating and issued a $580.00 price objective on shares of Domino’s Pizza in a research report on Friday, July 12th. Finally, The Goldman Sachs Group began coverage on shares of Domino’s Pizza in a research report on Thursday, June 13th. They set a “buy” rating and a $612.00 target price on the stock.

Institutional Investors Weigh In On Domino’s Pizza

Institutional investors have recently added to or reduced their stakes in the company. Summit Trail Advisors LLC increased its position in Domino’s Pizza by 4.8% during the 1st quarter. Summit Trail Advisors LLC now owns 541 shares of the restaurant operator’s stock worth $269,000 after purchasing an additional 25 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Domino’s Pizza by 2.9% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 934 shares of the restaurant operator’s stock worth $385,000 after acquiring an additional 26 shares in the last quarter. Signaturefd LLC raised its stake in shares of Domino’s Pizza by 25.2% in the 2nd quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after acquiring an additional 26 shares during the period. Czech National Bank lifted its holdings in shares of Domino’s Pizza by 0.4% during the 1st quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock valued at $3,049,000 after acquiring an additional 27 shares in the last quarter. Finally, Insight Folios Inc boosted its position in Domino’s Pizza by 3.4% during the 1st quarter. Insight Folios Inc now owns 847 shares of the restaurant operator’s stock worth $421,000 after purchasing an additional 28 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 0.6 %

DPZ opened at $429.00 on Friday. Domino’s Pizza has a 52 week low of $330.05 and a 52 week high of $542.75. The business has a 50 day moving average price of $488.74 and a two-hundred day moving average price of $474.59. The company has a market cap of $14.96 billion, a PE ratio of 28.00, a P/E/G ratio of 2.24 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.35. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the company earned $3.08 earnings per share. As a group, sell-side analysts expect that Domino’s Pizza will post 16.19 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.41%. Domino’s Pizza’s dividend payout ratio is presently 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.