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

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) have earned an average rating of “Moderate Buy” from the twenty-five analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $460.90.

Several equities research analysts have commented on the company. BMO Capital Markets boosted their price objective on Domino’s Pizza from $475.00 to $535.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 27th. Morgan Stanley upped their price target on Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, April 12th. Stifel Nicolaus upped their price target on Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Citigroup upped their price target on Domino’s Pizza from $458.00 to $505.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, Gordon Haskett upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price target for the company in a research report on Tuesday, January 16th.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Cynthia A. Headen sold 768 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Domino’s Pizza

Several hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its holdings in shares of Domino’s Pizza by 50.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 26,879 shares of the restaurant operator’s stock worth $13,356,000 after buying an additional 9,072 shares during the last quarter. LVW Advisors LLC grew its holdings in shares of Domino’s Pizza by 100.2% during the first quarter. LVW Advisors LLC now owns 1,912 shares of the restaurant operator’s stock worth $950,000 after buying an additional 957 shares during the last quarter. Capital Insight Partners LLC grew its holdings in shares of Domino’s Pizza by 42.1% during the first quarter. Capital Insight Partners LLC now owns 1,175 shares of the restaurant operator’s stock worth $584,000 after buying an additional 348 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Domino’s Pizza by 6.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,200 shares of the restaurant operator’s stock worth $2,087,000 after buying an additional 262 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new position in shares of Domino’s Pizza during the first quarter worth about $28,960,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 0.1 %

NYSE:DPZ opened at $481.66 on Friday. Domino’s Pizza has a 12 month low of $285.84 and a 12 month high of $508.44. The stock has a 50 day moving average of $459.86 and a two-hundred day moving average of $413.47. The firm has a market cap of $16.78 billion, a P/E ratio of 32.83, a price-to-earnings-growth ratio of 2.46 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, topping the consensus estimate of $4.38 by $0.10. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the business earned $4.43 EPS. Domino’s Pizza’s quarterly revenue was up .8% on a year-over-year basis. On average, research analysts forecast that Domino’s Pizza will post 15.76 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. Domino’s Pizza’s dividend payout ratio is 41.17%.

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.