Domino's Pizza Inc (NASDAQ:DPZ) Receives $489.67 Average PT from Analysts

Key Points

• Domino's Pizza has received a consensus rating of "Moderate Buy" from 28 analysts, with target prices averaging around $489.67.
• The company recently announced a quarterly dividend of $1.74 per share, which will be paid on September 30th, reflecting a 1.6% yield.
• Domino's Pizza reported $3.81 earnings per share for the last quarter, falling short of analysts' estimates, but showed a 4.3% increase in revenue year-over-year.

Domino's Pizza Inc (NASDAQ:DPZ - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twenty-eight ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $489.6667.

A number of equities analysts recently commented on the company. Citigroup upped their target price on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Royal Bank Of Canada downgraded Domino's Pizza from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $550.00 to $500.00 in a report on Tuesday, July 29th. Wells Fargo & Company increased their price objective on Domino's Pizza from $465.00 to $490.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 22nd. UBS Group reiterated a "buy" rating and issued a $540.00 price objective on shares of Domino's Pizza in a report on Tuesday, July 22nd. Finally, Morgan Stanley increased their price objective on Domino's Pizza from $510.00 to $514.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th.

Institutional Trading of Domino's Pizza

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. grew its holdings in Domino's Pizza by 3.3% during the second quarter. Rockefeller Capital Management L.P. now owns 16,590 shares of the restaurant operator's stock worth $7,475,000 after acquiring an additional 533 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in Domino's Pizza during the second quarter worth about $1,691,000. Sculati Wealth Management LLC grew its holdings in Domino's Pizza by 59.6% during the second quarter. Sculati Wealth Management LLC now owns 1,805 shares of the restaurant operator's stock worth $813,000 after acquiring an additional 674 shares during the period. Cetera Investment Advisers grew its holdings in Domino's Pizza by 4.0% during the second quarter. Cetera Investment Advisers now owns 14,780 shares of the restaurant operator's stock worth $6,660,000 after acquiring an additional 564 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Domino's Pizza by 6.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,398 shares of the restaurant operator's stock worth $3,784,000 after acquiring an additional 501 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino's Pizza Stock Performance

Shares of Domino's Pizza stock traded down $2.38 during midday trading on Thursday, reaching $440.04. 469,064 shares of the company's stock traded hands, compared to its average volume of 793,623. The company has a market cap of $14.94 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 2.43 and a beta of 1.09. The stock has a 50 day moving average of $460.41 and a 200-day moving average of $464.82. Domino's Pizza has a 12 month low of $396.06 and a 12 month high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing analysts' consensus estimates of $3.93 by ($0.12). The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. Domino's Pizza's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.03 EPS. On average, equities analysts anticipate that Domino's Pizza will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's dividend payout ratio (DPR) is 40.42%.

Domino's Pizza Company Profile

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.