Domino's Pizza (NASDAQ:DPZ) Reaches New 12-Month Low - Here's What Happened

Key Points

• New 52-week low: DPZ shares fell to $365.10 intraday (last $369.92), trading well below the 50-day ($398.48) and 200-day ($414.67) moving averages and down about 2% on the session.
• Mixed fundamentals: Latest quarter delivered $5.35 EPS (missed the $5.38 consensus) on $1.54B in revenue (up 6.4% YoY) with a 12.18% net margin, and the company raised its quarterly dividend to $1.99 (annualized $7.96, ~2.2% yield; ex-dividend Mar 13).
• Analyst view split: MarketBeat shows an average rating of "Hold" and an average price target of $475.71, though some firms have cut targets (e.g., Barclays to $370) while others maintain Buy/Outperform calls.

Domino's Pizza Inc (NASDAQ:DPZ - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $365.10 and last traded at $369.9170, with a volume of 195548 shares traded. The stock had previously closed at $375.30.

Analyst Ratings Changes

DPZ has been the subject of several recent research reports. Benchmark reiterated a "buy" rating on shares of Domino's Pizza in a research note on Monday, February 23rd. Barclays decreased their price target on shares of Domino's Pizza from $405.00 to $370.00 and set an "underweight" rating for the company in a report on Wednesday, January 7th. Evercore reaffirmed an "outperform" rating and set a $510.00 price objective on shares of Domino's Pizza in a research report on Tuesday, February 24th. Stifel Nicolaus cut their target price on shares of Domino's Pizza from $510.00 to $485.00 and set a "buy" rating on the stock in a report on Wednesday, January 7th. Finally, BTIG Research reaffirmed a "buy" rating on shares of Domino's Pizza in a report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Domino's Pizza has an average rating of "Hold" and an average price target of $475.71.

Domino's Pizza Stock Down 2.0%

The firm's 50-day moving average price is $398.48 and its 200 day moving average price is $414.67. The firm has a market cap of $12.37 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 1.63 and a beta of 1.16.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing the consensus estimate of $5.38 by ($0.03). The firm 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%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.89 EPS. On average, equities analysts predict that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be paid a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Domino's Pizza's previous quarterly dividend of $1.74. Domino's Pizza's dividend payout ratio (DPR) is presently 45.30%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its position in Domino's Pizza by 8.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 17,684 shares of the restaurant operator's stock valued at $7,371,000 after buying an additional 1,330 shares in the last quarter. Meadowbrook Advisors Group LLC acquired a new position in Domino's Pizza during the 4th quarter valued at about $1,387,000. PeakShares LLC bought a new stake in shares of Domino's Pizza during the 4th quarter worth about $226,000. SHP Wealth Management acquired a new stake in shares of Domino's Pizza in the 4th quarter worth approximately $25,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Domino's Pizza by 506.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the restaurant operator's stock worth $296,000 after acquiring an additional 592 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

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.

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