Domino’s Pizza (NYSE:DPZ) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Domino’s Pizza (NYSE:DPZ – Get Rating) in a report issued on Thursday. The brokerage set a “hold” rating on the restaurant operator’s stock.

DPZ has been the topic of several other research reports. BMO Capital Markets reduced their price target on shares of Domino’s Pizza from $430.00 to $380.00 and set an “outperform” rating on the stock in a research note on Friday, February 24th. Oppenheimer reduced their price target on shares of Domino’s Pizza from $405.00 to $375.00 and set an “outperform” rating on the stock in a research note on Friday, February 24th. Gordon Haskett downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating and cut their target price for the company from $344.00 to $315.00 in a research report on Friday, March 3rd. JPMorgan Chase & Co. cut their target price on shares of Domino’s Pizza from $330.00 to $315.00 and set a “neutral” rating on the stock in a research report on Friday, February 24th. Finally, Credit Suisse Group cut their target price on shares of Domino’s Pizza from $375.00 to $335.00 and set a “neutral” rating on the stock in a research report on Monday, February 27th. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $361.12.

Domino’s Pizza Price Performance

DPZ stock opened at $312.60 on Thursday. The company has a market capitalization of $11.07 billion, a PE ratio of 24.93, a P/E/G ratio of 1.88 and a beta of 0.76. Domino’s Pizza has a 12 month low of $291.00 and a 12 month high of $426.44. The firm’s 50-day moving average is $336.98 and its 200 day moving average is $344.97.

Domino’s Pizza (NYSE:DPZ – Get Rating) last posted its quarterly earnings results on Thursday, February 23rd. The restaurant operator reported $4.43 EPS for the quarter, topping the consensus estimate of $3.92 by $0.51. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. Domino’s Pizza had a net margin of 9.97% and a negative return on equity of 10.71%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $4.25 EPS. Sell-side analysts forecast that Domino’s Pizza will post 12.97 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Cynthia A. Headen sold 136 shares of Domino’s Pizza stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $300.00, for a total value of $40,800.00. Following the completion of the sale, the executive vice president now directly owns 4,867 shares in the company, valued at approximately $1,460,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Domino’s Pizza news, Director Patricia E. Lopez sold 244 shares of Domino’s Pizza stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of $351.93, for a total transaction of $85,870.92. Following the completion of the sale, the director now directly owns 1,519 shares in the company, valued at approximately $534,581.67. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Cynthia A. Headen sold 136 shares of Domino’s Pizza stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $300.00, for a total transaction of $40,800.00. Following the sale, the executive vice president now owns 4,867 shares of the company’s stock, valued at $1,460,100. The disclosure for this sale can be found here. 1.12% of the stock is owned by company insiders.

Institutional Trading of Domino’s Pizza

Several institutional investors and hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. lifted its stake in Domino’s Pizza by 18.3% during the 4th quarter. Victory Capital Management Inc. now owns 27,717 shares of the restaurant operator’s stock valued at $9,601,000 after acquiring an additional 4,295 shares during the period. OLD Mission Capital LLC acquired a new stake in Domino’s Pizza during the 4th quarter valued at approximately $42,000. Regal Investment Advisors LLC acquired a new stake in Domino’s Pizza during the 4th quarter valued at approximately $220,000. Voya Investment Management LLC lifted its stake in Domino’s Pizza by 59.7% during the 4th quarter. Voya Investment Management LLC now owns 488,414 shares of the restaurant operator’s stock valued at $169,187,000 after acquiring an additional 182,492 shares during the period. Finally, Cascade Investment Group Inc. acquired a new stake in Domino’s Pizza during the 4th quarter valued at approximately $250,000. 90.32% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

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Domino’s Pizza, Inc engages in the management of a network of company-owned and franchise-owned pizza stores. It operates through the following segments: U.S. Stores, International Franchise, and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises a network of franchised stores.