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

Shares of Domino’s Pizza, Inc. (NYSE:DPZGet Rating) have earned a consensus rating of “Hold” from the thirty-one ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $427.64.

A number of analysts recently commented on the stock. Stifel Nicolaus lowered their price objective on shares of Domino’s Pizza from $485.00 to $425.00 in a research report on Tuesday, March 1st. Argus cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Monday, May 9th. Bank of America lowered their price objective on shares of Domino’s Pizza from $642.00 to $550.00 and set a “buy” rating for the company in a research report on Wednesday, March 2nd. StockNews.com started coverage on shares of Domino’s Pizza in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, TheStreet cut Domino’s Pizza from a “b-” rating to a “c+” rating in a report on Friday, May 6th.

DPZ stock opened at $336.43 on Friday. The business’s fifty day moving average is $377.58 and its 200-day moving average is $448.00. The company has a market cap of $12.12 billion, a P/E ratio of 25.78, a price-to-earnings-growth ratio of 2.21 and a beta of 0.71. Domino’s Pizza has a twelve month low of $321.15 and a twelve month high of $567.57.

Domino’s Pizza (NYSE:DPZGet Rating) last posted its quarterly earnings results on Thursday, April 28th. The restaurant operator reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $3.07 by ($0.57). Domino’s Pizza had a net margin of 11.03% and a negative return on equity of 11.66%. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the company earned $3.00 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. Analysts predict that Domino’s Pizza will post 12.75 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, June 14th. This represents a $4.40 annualized dividend and a yield of 1.31%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 33.72%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DPZ. Allworth Financial LP increased its stake in Domino’s Pizza by 512.5% in the fourth quarter. Allworth Financial LP now owns 49 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 41 shares during the last quarter. Bellwether Advisors LLC increased its stake in Domino’s Pizza by 1,016.7% in the fourth quarter. Bellwether Advisors LLC now owns 67 shares of the restaurant operator’s stock valued at $37,000 after acquiring an additional 61 shares during the last quarter. CI Investments Inc. bought a new position in Domino’s Pizza in the third quarter valued at approximately $39,000. Vigilant Capital Management LLC bought a new position in Domino’s Pizza in the first quarter valued at approximately $47,000. Finally, Valley National Advisers Inc. bought a new position in Domino’s Pizza in the first quarter valued at approximately $51,000. Institutional investors own 92.84% of the company’s stock.

About Domino’s Pizza (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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Analyst Recommendations for Domino's Pizza (NYSE:DPZ)

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