Domino's Pizza - DPZ Stock Forecast, Price & News

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores. It also provides oven-baked sandwiches, pasta, boneless chicken and chicken wings, bread and dips side items, desserts, and soft drink products. As of January 2, 2022, the company operated approximately 18,800 stores in 90 markets. Domino's Pizza, Inc. was founded in 1960 and is based in Ann Arbor, Michigan.

Domino's Pizza Price Performance

Shares of NYSE:DPZ traded up $8.11 during trading on Friday, hitting $412.24. 508,353 shares of the company were exchanged, compared to its average volume of 544,589. Domino's Pizza has a 1 year low of $321.15 and a 1 year high of $567.57. The company has a market cap of $14.79 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 2.92 and a beta of 0.60. The firm's fifty day moving average price is $392.70 and its 200 day moving average price is $392.61.

Domino's Pizza (NYSE:DPZ - Get Rating) last released its quarterly earnings data on Thursday, July 21st. The restaurant operator reported $2.82 EPS for the quarter, missing analysts' consensus estimates of $2.88 by ($0.06). Domino's Pizza had a negative return on equity of 11.24% and a net margin of 10.63%. The company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.05 billion. During the same period in the prior year, the firm posted $3.12 EPS. The firm's quarterly revenue was up 3.2% on a year-over-year basis. On average, research analysts forecast that Domino's Pizza will post 12.6 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a dividend of $1.10 per share. The ex-dividend date is Wednesday, September 14th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.07%. Domino's Pizza's payout ratio is 34.35%.

Wall Street Analyst Weigh In

A number of research analysts have commented on DPZ shares. Robert W. Baird set a $435.00 target price on shares of Domino's Pizza in a research report on Tuesday, July 19th. UBS Group reduced their target price on shares of Domino's Pizza from $475.00 to $430.00 and set a "neutral" rating for the company in a report on Wednesday, April 20th. Royal Bank of Canada dropped their price objective on shares of Domino's Pizza from $480.00 to $440.00 in a research note on Friday, April 29th. Morgan Stanley lifted their price objective on Domino's Pizza from $398.00 to $414.00 and gave the stock an "equal weight" rating in a report on Monday, July 18th. Finally, MKM Partners decreased their target price on shares of Domino's Pizza from $490.00 to $440.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 20th. Eighteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $441.04.

Insider Activity

In other Domino's Pizza news, EVP Cynthia A. Headen sold 103 shares of the firm's stock in a transaction that occurred on Monday, July 18th. The stock was sold at an average price of $409.26, for a total transaction of $42,153.78. Following the completion of the sale, the executive vice president now owns 3,090 shares in the company, valued at approximately $1,264,613.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Cynthia A. Headen sold 103 shares of the stock in a transaction that occurred on Monday, July 18th. The shares were sold at an average price of $409.26, for a total value of $42,153.78. Following the completion of the transaction, the executive vice president now directly owns 3,090 shares in the company, valued at $1,264,613.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Cynthia A. Headen sold 65 shares of the business's stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $396.75, for a total transaction of $25,788.75. Following the sale, the executive vice president now directly owns 3,270 shares in the company, valued at $1,297,372.50. The disclosure for this sale can be found here. Insiders have sold 4,168 shares of company stock valued at $1,616,903 in the last three months. Corporate insiders own 1.12% of the company's stock.