Domino’s Pizza, Inc. (NYSE:DPZ) has been assigned an average recommendation of “Buy” from the twenty-one ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $298.33.

Several research firms have weighed in on DPZ. ValuEngine upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Citigroup lifted their price objective on shares of Domino’s Pizza from $282.00 to $298.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. TheStreet cut shares of Domino’s Pizza from a “b” rating to a “c+” rating in a research report on Monday, May 6th. Wells Fargo & Co lifted their price objective on shares of Domino’s Pizza from $240.00 to $257.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. Finally, FIG Partners reiterated an “outperform” rating and set a $310.00 price objective (up from $280.00) on shares of Domino’s Pizza in a research report on Thursday, April 25th.

NYSE DPZ opened at $276.67 on Thursday. Domino’s Pizza has a twelve month low of $231.28 and a twelve month high of $305.34. The company has a market cap of $11.21 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 2.00 and a beta of 0.57.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Wednesday, April 24th. The restaurant operator reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.13. Domino’s Pizza had a net margin of 10.50% and a negative return on equity of 12.38%. The firm had revenue of $835.96 million for the quarter, compared to analysts’ expectations of $852.59 million. During the same period in the previous year, the company posted $2.00 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. As a group, equities analysts anticipate that Domino’s Pizza will post 9.32 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Thursday, June 13th. Domino’s Pizza’s dividend payout ratio is currently 30.88%.

In other news, CFO Jeffrey D. Lawrence sold 4,000 shares of the business’s stock in a transaction on Friday, March 29th. The shares were sold at an average price of $255.00, for a total transaction of $1,020,000.00. Following the transaction, the chief financial officer now directly owns 3,494 shares in the company, valued at approximately $890,970. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James A. Goldman sold 1,190 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $247.24, for a total transaction of $294,215.60. Following the transaction, the director now owns 7,695 shares in the company, valued at $1,902,511.80. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Standard Life Aberdeen plc lifted its stake in shares of Domino’s Pizza by 146.3% in the 4th quarter. Standard Life Aberdeen plc now owns 5,288 shares of the restaurant operator’s stock valued at $1,313,000 after purchasing an additional 3,141 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Domino’s Pizza by 2.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,304 shares of the restaurant operator’s stock worth $1,067,000 after acquiring an additional 110 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Domino’s Pizza by 6.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 10,627 shares of the restaurant operator’s stock worth $2,635,000 after acquiring an additional 615 shares during the last quarter. First Allied Advisory Services Inc. acquired a new position in Domino’s Pizza during the 4th quarter worth $235,000. Finally, JPMorgan Chase & Co. lifted its position in Domino’s Pizza by 129.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 112,037 shares of the restaurant operator’s stock worth $33,028,000 after acquiring an additional 63,290 shares during the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in 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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