DPC Holdings PLC (NYSE:DPC) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Analyst consensus is “Hold” for DPC Holdings, based on six ratings: three buys, two holds and one sell. The average 12-month price target is $57.62, above the stock’s reported opening price of $41.40.
• DPC reported quarterly EPS of $0.05, missing the $0.08 consensus estimate, while revenue totaled $268.7 million. Analysts expect full-year EPS of approximately $0.45.
• Several institutional investors initiated positions in DPC during the second quarter, led by Mudrick Capital Management with an investment valued at roughly $314.1 million.

DPC Holdings PLC (NYSE:DPC - Get Free Report) has earned a consensus recommendation of "Hold" from the six ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $57.62.

A number of analysts recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of DPC from $53.00 to $62.00 and gave the stock an "outperform" rating in a report on Wednesday, August 12th. Weiss Ratings assumed coverage on shares of DPC in a report on Monday, September 21st. They issued a "sell (d)" rating for the company. Jefferies Financial Group began coverage on shares of DPC in a research report on Monday, July 20th. They issued a "buy" rating and a $56.00 price objective for the company. Rothschild & Co Redburn assumed coverage on shares of DPC in a research note on Monday, July 20th. They set a "buy" rating and a $53.50 target price on the stock. Finally, Morgan Stanley raised their target price on DPC from $47.00 to $59.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 12th.

DPC Trading Up 0.1%

Shares of DPC stock opened at $41.40 on Tuesday. DPC has a twelve month low of $37.65 and a twelve month high of $57.25. The firm's 50 day moving average is $44.84. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.48 and a quick ratio of 1.22.

DPC (NYSE:DPC - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). The business had revenue of $268.70 million during the quarter. On average, equities research analysts forecast that DPC will post 0.45 earnings per share for the current fiscal year.

Institutional Trading of DPC

Institutional investors have recently bought and sold shares of the business. Mudrick Capital Management L.P. acquired a new position in shares of DPC during the 2nd quarter worth approximately $314,115,000. HBK Investments L P acquired a new position in DPC during the second quarter worth $72,750,000. Irenic Capital Management LP purchased a new position in DPC during the second quarter valued at $41,201,000. SurgoCap Partners LP acquired a new stake in shares of DPC in the second quarter valued at about $31,336,000. Finally, Wellington Management Group LLP acquired a new stake in shares of DPC in the second quarter valued at about $4,402,000.

About DPC

DPC Dash Ltd. NYSE: DPC is a China-based quick-service restaurant company that operates Domino's Pizza stores in mainland China. The company serves customers through a combination of delivery, carryout and in-store dining channels.

Its menu includes pizzas, side dishes, desserts and beverages, with offerings adapted to local consumer preferences. DPC Dash also operates digital ordering platforms, including online and mobile channels, to support order placement, delivery and customer engagement.

The company serves markets across mainland China under an exclusive master franchise arrangement with Domino's Pizza.

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