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 Stock Performance

Shares of DPZ traded up $4.96 on Thursday, reaching $416.95. The stock had a trading volume of 443,241 shares, compared to its average volume of 543,219. The firm has a market capitalization of $14.96 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 2.95 and a beta of 0.60. The company has a 50-day simple moving average of $395.33 and a 200-day simple moving average of $392.03. Domino's Pizza has a 12-month low of $321.15 and a 12-month high of $567.57.

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

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, September 14th. Domino's Pizza's dividend payout ratio (DPR) is presently 34.35%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DPZ shares. MKM Partners reduced their price objective on Domino's Pizza from $490.00 to $440.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 20th. TheStreet lowered Domino's Pizza from a "b-" rating to a "c+" rating in a research report on Friday, May 6th. Oppenheimer increased their target price on Domino's Pizza from $435.00 to $445.00 in a report on Friday, July 22nd. Stifel Nicolaus increased their target price on Domino's Pizza from $345.00 to $400.00 in a report on Monday, July 18th. Finally, JPMorgan Chase & Co. dropped their target price on Domino's Pizza from $430.00 to $400.00 in a report on Friday, April 29th. Eighteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Domino's Pizza currently has a consensus rating of "Hold" and a consensus price target of $441.04.

Insider Activity at Domino's Pizza

In related 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 transaction, the executive vice president now owns 3,090 shares of the company's stock, valued at approximately $1,264,613.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, EVP Cynthia A. Headen sold 65 shares of the firm's stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $396.75, for a total transaction of $25,788.75. Following the completion of the transaction, the executive vice president now owns 3,270 shares of the company's stock, valued at approximately $1,297,372.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Cynthia A. Headen sold 103 shares of the firm's 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 transaction, the executive vice president now directly owns 3,090 shares of the company's stock, valued at approximately $1,264,613.40. The disclosure for this sale can be found here. Insiders sold a total of 4,168 shares of company stock valued at $1,616,903 in the last 90 days. Corporate insiders own 1.12% of the company's stock.