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

Domino’s Pizza, Inc. (NYSE:DPZ) has been given a consensus recommendation of “Moderate Buy” by the twenty-four ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $460.90.

A number of brokerages have recently issued reports on DPZ. Jefferies Financial Group boosted their price objective on shares of Domino’s Pizza from $455.00 to $480.00 and gave the company a “hold” rating in a research report on Tuesday, April 16th. Stephens reissued an “equal weight” rating and set a $479.00 price objective on shares of Domino’s Pizza in a research report on Friday, April 12th. Piper Sandler boosted their price objective on shares of Domino’s Pizza from $400.00 to $435.00 and gave the company a “neutral” rating in a research report on Tuesday, February 27th. TD Cowen reissued a “buy” rating and set a $550.00 price objective on shares of Domino’s Pizza in a research report on Wednesday, April 10th. Finally, Barclays boosted their price objective on shares of Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a research report on Tuesday, February 27th.

Insider Activity at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 108 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the sale, the executive vice president now owns 4,103 shares of the company’s stock, valued at $1,852,586.56. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. 0.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Domino’s Pizza

Hedge funds and other institutional investors have recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Domino’s Pizza in the fourth quarter valued at $25,000. Creative Financial Designs Inc. ADV raised its stake in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 46 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Domino’s Pizza in the third quarter valued at $39,000. Quadrant Capital Group LLC raised 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 valued at $46,000 after acquiring an additional 33 shares during the period. Finally, Jones Financial Companies Lllp purchased a new stake in shares of Domino’s Pizza in the third quarter valued at $49,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 2.1 %

NYSE:DPZ opened at $481.05 on Friday. Domino’s Pizza has a 12 month low of $285.84 and a 12 month high of $508.44. The company has a market cap of $16.75 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 2.47 and a beta of 0.86. The company has a 50 day simple moving average of $462.90 and a two-hundred day simple moving average of $416.51.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, topping analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the firm posted $4.43 EPS. The firm’s revenue was up .8% on a year-over-year basis. Research analysts forecast that Domino’s Pizza will post 15.72 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $1.51 per share. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $6.04 dividend on an annualized basis and a yield of 1.26%. Domino’s Pizza’s dividend payout ratio is presently 41.17%.

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.