Domino's Pizza (NASDAQ:DPZ - Get Free Report) had its price target raised by Barclays from $420.00 to $425.00 in a report issued on Monday,Benzinga reports. The firm currently has an "underweight" rating on the restaurant operator's stock. Barclays's target price suggests a potential downside of 8.06% from the stock's current price.
A number of other brokerages have also recently commented on DPZ. Redburn Atlantic initiated coverage on Domino's Pizza in a research note on Tuesday, June 10th. They issued a "sell" rating and a $340.00 price target for the company. BTIG Research set a $530.00 target price on shares of Domino's Pizza and gave the stock a "buy" rating in a report on Monday, April 28th. Loop Capital raised their target price on shares of Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Morgan Stanley boosted their target price on shares of Domino's Pizza from $510.00 to $514.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Hsbc Global Res upgraded shares of Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $488.04.
View Our Latest Research Report on DPZ
Domino's Pizza Stock Down 0.8%
DPZ traded down $3.71 on Monday, hitting $462.24. The company's stock had a trading volume of 2,381,907 shares, compared to its average volume of 635,563. The company's 50 day simple moving average is $466.13 and its 200-day simple moving average is $460.71. Domino's Pizza has a 12 month low of $396.06 and a 12 month high of $500.55. The firm has a market cap of $15.83 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 2.63 and a beta of 1.09.
Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The restaurant operator reported $3.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.93 by ($0.12). Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The firm's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $4.03 EPS. Equities analysts predict that Domino's Pizza will post 16.74 earnings per share for the current fiscal year.
Institutional Trading of Domino's Pizza
Hedge funds have recently added to or reduced their stakes in the business. Avantax Advisory Services Inc. increased its holdings in Domino's Pizza by 7.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 833 shares of the restaurant operator's stock valued at $350,000 after purchasing an additional 60 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Domino's Pizza by 200.0% in the 4th quarter. Signaturefd LLC now owns 303 shares of the restaurant operator's stock valued at $127,000 after purchasing an additional 202 shares in the last quarter. Royal London Asset Management Ltd. boosted its holdings in shares of Domino's Pizza by 0.3% in the 4th quarter. Royal London Asset Management Ltd. now owns 14,951 shares of the restaurant operator's stock valued at $6,276,000 after purchasing an additional 39 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Domino's Pizza by 35.2% during the 4th quarter. TD Private Client Wealth LLC now owns 196 shares of the restaurant operator's stock valued at $82,000 after acquiring an additional 51 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Domino's Pizza during the 4th quarter valued at $560,000. Institutional investors own 94.63% of the company's stock.
About Domino's Pizza
(
Get Free Report)
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.
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