Brokerages Set Domino's Pizza Inc (NASDAQ:DPZ) Target Price at $487.33

Shares of Domino's Pizza Inc (NASDAQ:DPZ - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty-six ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, fourteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $487.84.

A number of equities research analysts have weighed in on the stock. Stephens reiterated an "equal weight" rating and set a $440.00 target price on shares of Domino's Pizza in a research note on Wednesday, April 2nd. Benchmark upped their price objective on Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Royal Bank Of Canada reissued an "outperform" rating and issued a $550.00 target price on shares of Domino's Pizza in a research report on Monday. Argus restated a "hold" rating and set a $490.00 price target on shares of Domino's Pizza in a research note on Tuesday, April 29th. Finally, Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd.

Domino's Pizza Stock Down 0.0%

Shares of Domino's Pizza stock traded down $0.09 during trading on Friday, reaching $465.30. 782,443 shares of the stock were exchanged, compared to its average volume of 640,505. Domino's Pizza has a 1 year low of $396.06 and a 1 year high of $500.55. The firm has a market cap of $15.93 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 2.69 and a beta of 1.09. The stock's fifty day moving average is $466.79 and its 200 day moving average is $459.56.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The firm had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the previous year, the firm posted $3.58 EPS. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts forecast that Domino's Pizza will post 16.74 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a $1.74 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.50%. Domino's Pizza's dividend payout ratio is currently 39.91%.

Institutional Trading of Domino's Pizza

A number of large investors have recently added to or reduced their stakes in DPZ. HighPoint Advisor Group LLC grew its holdings in shares of Domino's Pizza by 3.2% in the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator's stock valued at $332,000 after purchasing an additional 21 shares in the last quarter. AGP Franklin LLC lifted its holdings in shares of Domino's Pizza by 0.4% in the 1st quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator's stock valued at $2,403,000 after acquiring an additional 21 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its position in Domino's Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator's stock worth $1,912,000 after acquiring an additional 21 shares in the last quarter. Compound Planning Inc. raised its position in Domino's Pizza by 4.1% during the first quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator's stock valued at $258,000 after purchasing an additional 22 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of Domino's Pizza by 16.0% in the 1st quarter. Allworth Financial LP now owns 174 shares of the restaurant operator's stock valued at $85,000 after purchasing an additional 24 shares during the last quarter. Institutional investors own 94.63% 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.