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

Shares of Domino’s Pizza, Inc. (NYSE:DPZGet Rating) have been assigned an average rating of “Hold” from the thirty ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $468.62.

Several equities analysts recently weighed in on DPZ shares. BMO Capital Markets cut their price target on Domino’s Pizza from $480.00 to $450.00 and set a “market perform” rating for the company in a research note on Wednesday, March 2nd. Oppenheimer cut their price objective on Domino’s Pizza from $550.00 to $510.00 and set an “outperform” rating for the company in a research note on Wednesday, March 2nd. Bank of America cut their price objective on Domino’s Pizza from $642.00 to $550.00 and set a “buy” rating for the company in a research note on Wednesday, March 2nd. MKM Partners cut their price objective on Domino’s Pizza from $490.00 to $440.00 and set a “neutral” rating for the company in a research note on Wednesday, April 20th. Finally, BTIG Research cut their price objective on Domino’s Pizza from $590.00 to $550.00 and set a “buy” rating for the company in a research note on Wednesday, March 2nd.

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 137 shares of the company’s stock in a transaction on Monday, April 4th. The stock was sold at an average price of $397.00, for a total transaction of $54,389.00. Following the transaction, the executive vice president now directly owns 3,362 shares in the company, valued at $1,334,714. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 149 shares of the company’s stock in a transaction on Wednesday, February 23rd. The stock was sold at an average price of $423.89, for a total value of $63,159.61. The disclosure for this sale can be found here. Corporate insiders own 1.12% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Allworth Financial LP increased its position in shares of Domino’s Pizza by 512.5% during the fourth quarter. Allworth Financial LP now owns 49 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 41 shares during the period. Bellwether Advisors LLC increased its position in shares of Domino’s Pizza by 1,016.7% during the fourth quarter. Bellwether Advisors LLC now owns 67 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 61 shares during the period. CI Investments Inc. purchased a new stake in shares of Domino’s Pizza during the third quarter worth $39,000. Vigilant Capital Management LLC purchased a new stake in shares of Domino’s Pizza during the first quarter worth $47,000. Finally, Sageworth Trust Co of South Dakota purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth $71,000. Institutional investors own 90.98% of the company’s stock.

Shares of Domino’s Pizza stock traded down $3.27 on Monday, hitting $375.56. The company’s stock had a trading volume of 7,905 shares, compared to its average volume of 501,723. Domino’s Pizza has a 1 year low of $376.81 and a 1 year high of $567.57. The firm has a fifty day moving average price of $403.93 and a 200-day moving average price of $463.85. The company has a market capitalization of $13.53 billion, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 2.22 and a beta of 0.62.

Domino’s Pizza (NYSE:DPZGet Rating) last announced its quarterly earnings results on Tuesday, March 1st. The restaurant operator reported $4.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.30 by ($0.05). Domino’s Pizza had a net margin of 11.72% and a negative return on equity of 13.05%. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the firm earned $3.46 EPS. Domino’s Pizza’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities analysts forecast that Domino’s Pizza will post 14.11 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 30th. Investors of record on Tuesday, March 15th were issued a $1.10 dividend. The ex-dividend date of this dividend was Monday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $0.94. This represents a $4.40 dividend on an annualized basis and a yield of 1.17%. Domino’s Pizza’s dividend payout ratio is currently 32.47%.

Domino’s Pizza Company Profile (Get Rating)

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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