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

Domino’s Pizza, Inc. (NYSE:DPZ) has been assigned an average recommendation of “Hold” from the twenty-seven analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $396.14.

A number of equities analysts have recently commented on DPZ shares. Stifel Nicolaus boosted their price objective on Domino’s Pizza from $350.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, July 20th. Wells Fargo & Company boosted their price objective on Domino’s Pizza from $310.00 to $375.00 in a research report on Thursday, July 13th. Loop Capital boosted their price objective on Domino’s Pizza from $343.00 to $383.00 in a research report on Tuesday, July 25th. Stephens reissued an “equal weight” rating and set a $365.00 price objective on shares of Domino’s Pizza in a research report on Thursday, August 31st. Finally, StockNews.com began coverage on Domino’s Pizza in a research report on Thursday, August 17th. They set a “hold” rating for the company.

Domino’s Pizza Price Performance

NYSE DPZ opened at $384.44 on Thursday. The company has a market cap of $13.49 billion, a P/E ratio of 29.06, a P/E/G ratio of 2.20 and a beta of 0.85. The stock has a 50-day moving average of $380.37 and a two-hundred day moving average of $338.15. Domino’s Pizza has a 1-year low of $285.84 and a 1-year high of $409.95.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Monday, July 24th. The restaurant operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.02. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.07 billion. Domino’s Pizza had a negative return on equity of 11.24% and a net margin of 10.49%. Domino’s Pizza’s revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.82 EPS. On average, analysts anticipate that Domino’s Pizza will post 13.73 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 36.58%.

Insider Transactions at Domino’s Pizza

In other news, EVP Cynthia A. Headen sold 382 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $400.00, for a total transaction of $152,800.00. Following the completion of the sale, the executive vice president now owns 4,333 shares in the company, valued at $1,733,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 427 shares of company stock worth $170,095 over the last 90 days. 0.76% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. MV Capital Management Inc. grew its holdings in Domino’s Pizza by 281.0% during the first quarter. MV Capital Management Inc. now owns 80 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 59 shares during the period. GPS Wealth Strategies Group LLC acquired a new stake in Domino’s Pizza in the first quarter valued at $30,000. KB Financial Partners LLC acquired a new stake in Domino’s Pizza in the first quarter valued at $32,000. UMB Bank n.a. acquired a new stake in Domino’s Pizza in the second quarter valued at $34,000. Finally, OLD Mission Capital LLC acquired a new stake in Domino’s Pizza in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 92.27% of the company’s stock.

About Domino’s Pizza

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.