Domino’s Pizza (NYSE:DPZ) has been given a $208.00 price target by investment analysts at Deutsche Bank in a research note issued to investors on Monday, TipRanks reports. The firm presently has a “sell” rating on the restaurant operator’s stock. Deutsche Bank’s target price points to a potential downside of 16.50% from the stock’s previous close.

DPZ has been the subject of several other reports. Northcoast Research began coverage on Domino’s Pizza in a report on Wednesday, September 4th. They set a “neutral” rating for the company. TheStreet raised Domino’s Pizza from a “c+” rating to a “b-” rating in a report on Tuesday, June 4th. Argus lowered their price objective on Domino’s Pizza from $310.00 to $280.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Wells Fargo & Co lifted their target price on Domino’s Pizza from $257.00 to $267.00 and gave the stock a “market perform” rating in a report on Monday, July 1st. Finally, Mizuho reduced their target price on shares of Domino’s Pizza from $320.00 to $305.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have issued a buy rating to the stock. Domino’s Pizza presently has a consensus rating of “Buy” and an average price target of $287.54.

DPZ traded up $5.52 on Monday, reaching $249.09. The company had a trading volume of 738,337 shares, compared to its average volume of 841,350. The stock has a market cap of $10.09 billion, a P/E ratio of 29.58, a P/E/G ratio of 1.72 and a beta of 0.48. Domino’s Pizza has a fifty-two week low of $220.90 and a fifty-two week high of $302.05. The company’s fifty day moving average is $239.55 and its 200 day moving average is $260.30.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.00 by $0.19. Domino’s Pizza had a net margin of 10.83% and a negative return on equity of 12.81%. The firm had revenue of $811.65 million during the quarter, compared to the consensus estimate of $834.87 million. During the same period last year, the business posted $1.84 earnings per share. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. Research analysts forecast that Domino’s Pizza will post 9.43 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DPZ. Vanguard Group Inc. raised its holdings in shares of Domino’s Pizza by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,760,490 shares of the restaurant operator’s stock worth $1,046,469,000 after buying an additional 31,216 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Domino’s Pizza by 47.7% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 931,724 shares of the restaurant operator’s stock worth $259,280,000 after buying an additional 300,755 shares during the last quarter. William Blair Investment Management LLC boosted its stake in Domino’s Pizza by 21.4% in the first quarter. William Blair Investment Management LLC now owns 911,602 shares of the restaurant operator’s stock valued at $235,284,000 after buying an additional 161,000 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Domino’s Pizza by 375.3% in the first quarter. Principal Financial Group Inc. now owns 873,859 shares of the restaurant operator’s stock valued at $225,544,000 after buying an additional 690,006 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in Domino’s Pizza by 78.1% in the second quarter. Wells Fargo & Company MN now owns 858,292 shares of the restaurant operator’s stock valued at $238,845,000 after acquiring an additional 376,248 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

About Domino’s Pizza

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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