Domino’s Pizza Inc (NASDAQ:DPZ) Given Consensus Rating of “Hold” by Brokerages

Shares of Domino’s Pizza Inc (NASDAQ:DPZ) have been assigned a consensus recommendation of “Hold” from the thirty-one analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $419.7419.

A number of research analysts have issued reports on DPZ shares. Jefferies Financial Group cut their price objective on Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a report on Tuesday, April 28th. BMO Capital Markets cut their price objective on Domino’s Pizza from $500.00 to $450.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th. Mizuho cut their price objective on Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th. TD Cowen reissued a “hold” rating and set a $400.00 price objective on shares of Domino’s Pizza in a report on Monday, April 27th. Finally, Evercore cut their price objective on Domino’s Pizza from $510.00 to $400.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th.

Insider Activity

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of Domino’s Pizza stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $332.31, for a total transaction of $162,167.28. Following the completion of the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at approximately $3,107,763.12. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.89% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. SHP Wealth Management bought a new position in shares of Domino’s Pizza in the fourth quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 34 shares during the last quarter. Johnson Financial Group Inc. raised its holdings in shares of Domino’s Pizza by 200.0% in the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 56 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in shares of Domino’s Pizza in the first quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Domino’s Pizza by 450.0% in the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after buying an additional 81 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Price Performance

DPZ opened at $308.48 on Friday. Domino’s Pizza has a fifty-two week low of $306.00 and a fifty-two week high of $499.08. The firm’s fifty day moving average price is $366.12 and its two-hundred day moving average price is $393.91. The company has a market capitalization of $10.26 billion, a P/E ratio of 17.76, a P/E/G ratio of 1.44 and a beta of 1.02.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business had revenue of $1.15 billion for the quarter. During the same quarter in the prior year, the company earned $4.33 EPS. Domino’s Pizza’s quarterly revenue was up 3.5% on a year-over-year basis. On average, equities research analysts expect that Domino’s Pizza will post 19.15 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $1.99 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.6%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.83%.

About Domino’s Pizza

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.