Domino’s Pizza Inc (NASDAQ:DPZ) Receives Consensus Rating of “Hold” from Analysts

Shares of Domino’s Pizza Inc (NASDAQ:DPZ) have been assigned an average recommendation of “Hold” from the twenty-eight analysts that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation, eleven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $475.7143.

Several research firms recently weighed in on DPZ. BMO Capital Markets reissued an “outperform” rating on shares of Domino’s Pizza in a report on Tuesday, February 24th. Evercore reiterated an “outperform” rating and issued a $510.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 24th. BTIG Research reissued a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday, February 24th. William Blair set a $540.00 price target on Domino’s Pizza in a report on Monday, February 23rd. Finally, Benchmark reaffirmed a “buy” rating on shares of Domino’s Pizza in a research note on Monday, February 23rd.

Domino’s Pizza Price Performance

DPZ stock opened at $375.30 on Friday. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 21.36, a P/E/G ratio of 1.63 and a beta of 1.16. The company has a 50 day simple moving average of $398.48 and a 200 day simple moving average of $414.67. Domino’s Pizza has a 1 year low of $370.70 and a 1 year high of $499.08.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing analysts’ consensus estimates of $5.38 by ($0.03). The company had revenue of $1.54 billion during the quarter. Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. Domino’s Pizza’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.89 EPS. On average, equities research analysts anticipate that Domino’s Pizza will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be given a $1.99 dividend. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.74. The ex-dividend date is Friday, March 13th. This represents a $7.96 annualized dividend and a yield of 2.1%. Domino’s Pizza’s dividend payout ratio is currently 45.30%.

Hedge Funds Weigh In On Domino’s Pizza

A number of hedge funds have recently modified their holdings of the business. Huntleigh Advisors Inc. increased its holdings in Domino’s Pizza by 5.0% in the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock valued at $221,000 after purchasing an additional 25 shares during the period. Lafayette Investments Inc. grew its position in shares of Domino’s Pizza by 2.8% in the 3rd quarter. Lafayette Investments Inc. now owns 955 shares of the restaurant operator’s stock valued at $412,000 after buying an additional 26 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Domino’s Pizza by 1.1% in the 3rd quarter. Ritholtz Wealth Management now owns 2,382 shares of the restaurant operator’s stock valued at $1,028,000 after buying an additional 27 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Domino’s Pizza by 2.9% in the third quarter. Parallel Advisors LLC now owns 965 shares of the restaurant operator’s stock valued at $417,000 after buying an additional 27 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of Domino’s Pizza by 1.2% in the third quarter. Bessemer Group Inc. now owns 2,317 shares of the restaurant operator’s stock valued at $1,000,000 after buying an additional 28 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.