Domino’s Pizza (NYSE:DPZ) Now Covered by Stephens


Equities researchers at Stephens initiated coverage on shares of Domino’s Pizza (NYSE:DPZ – Get Rating) in a report released on Thursday, The Fly reports. The firm set an “equal weight” rating on the restaurant operator’s stock.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Domino’s Pizza from $421.00 to $373.00 in a report on Thursday. Morgan Stanley upped their price objective on shares of Domino’s Pizza from $398.00 to $414.00 and gave the stock an “equal weight” rating in a report on Monday, July 18th. Bank of America decreased their price target on shares of Domino’s Pizza from $512.00 to $490.00 and set a “buy” rating for the company in a research note on Friday, July 22nd. Cowen increased their price target on shares of Domino’s Pizza from $365.00 to $410.00 and gave the stock a “market perform” rating in a research note on Friday, July 22nd. Finally, Stifel Nicolaus increased their price target on shares of Domino’s Pizza from $345.00 to $400.00 in a research note on Monday, July 18th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus price target of $434.84.

Domino’s Pizza Price Performance

DPZ traded down $13.06 during trading on Thursday, hitting $320.14. 1,019,087 shares of the stock traded hands, compared to its average volume of 561,580. The firm has a market capitalization of $11.49 billion, a P/E ratio of 24.99, a price-to-earnings-growth ratio of 2.39 and a beta of 0.61. The firm has a 50-day moving average of $384.55 and a 200 day moving average of $381.17. Domino’s Pizza has a 12-month low of $319.62 and a 12-month high of $567.57.

Domino’s Pizza (NYSE:DPZ – Get Rating) last issued its quarterly earnings data on Thursday, July 21st. The restaurant operator reported $2.82 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $3.12 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. As a group, equities analysts predict that Domino’s Pizza will post 12.6 EPS for the current fiscal year.

Insider Activity

In related news, Director Andrew Balson sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $387.24, for a total value of $1,548,960.00. Following the transaction, the director now owns 6,870 shares of the company’s stock, valued at $2,660,338.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 shares were sold at an average price of $409.26, for a total transaction of $42,153.78. Following the sale, the executive vice president now owns 3,090 shares in the company, valued at approximately $1,264,613.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrew Balson sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 25th. The stock was sold at an average price of $387.24, for a total transaction of $1,548,960.00. Following the sale, the director now owns 6,870 shares in the company, valued at approximately $2,660,338.80. The disclosure for this sale can be found here. Insiders have sold a total of 4,190 shares of company stock valued at $1,625,744 in the last 90 days. 1.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Domino’s Pizza

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Domino’s Pizza by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 3,884,266 shares of the restaurant operator’s stock worth $1,580,935,000 after acquiring an additional 28,157 shares during the period. BlackRock Inc. raised its stake in Domino’s Pizza by 1.1% during the 1st quarter. BlackRock Inc. now owns 3,578,352 shares of the restaurant operator’s stock worth $1,456,425,000 after acquiring an additional 38,567 shares during the period. FMR LLC raised its stake in Domino’s Pizza by 15.2% during the 2nd quarter. FMR LLC now owns 2,414,976 shares of the restaurant operator’s stock worth $941,140,000 after acquiring an additional 319,545 shares during the period. State Street Corp raised its position in shares of Domino’s Pizza by 3.6% during the fourth quarter. State Street Corp now owns 1,637,123 shares of the restaurant operator’s stock valued at $923,878,000 after buying an additional 57,445 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Domino’s Pizza by 5.1% during the second quarter. Principal Financial Group Inc. now owns 1,399,631 shares of the restaurant operator’s stock valued at $545,450,000 after buying an additional 67,291 shares during the last quarter. Institutional investors own 96.44% of the company’s stock.

Domino’s Pizza Company Profile

(Get Rating)

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.

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Analyst Recommendations for Domino's Pizza (NYSE:DPZ)

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