Domino’s Pizza (NYSE:DPZ) PT Raised to $480.00 at Jefferies Financial Group

Domino’s Pizza (NYSE:DPZ) had its price objective upped by investment analysts at Jefferies Financial Group from $455.00 to $480.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “hold” rating on the restaurant operator’s stock. Jefferies Financial Group’s price target would suggest a potential downside of 0.44% from the stock’s current price.

DPZ has been the subject of a number of other research reports. HSBC initiated coverage on shares of Domino’s Pizza in a research note on Wednesday, December 20th. They issued a “buy” rating and a $466.00 price target for the company. Morgan Stanley boosted their target price on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research report on Friday, April 12th. Stifel Nicolaus upped their target price on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Citigroup lifted their price target on Domino’s Pizza from $458.00 to $505.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Finally, Sanford C. Bernstein upgraded Domino’s Pizza from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $330.00 to $370.00 in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $460.90.

Domino’s Pizza Price Performance

NYSE:DPZ opened at $482.14 on Tuesday. The business’s 50-day moving average is $458.76 and its two-hundred day moving average is $412.99. The firm has a market capitalization of $16.79 billion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 2.46 and a beta of 0.86. Domino’s Pizza has a 12 month low of $285.84 and a 12 month high of $508.44.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.38 by $0.10. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.43 EPS. Equities analysts anticipate that Domino’s Pizza will post 15.76 EPS for the current year.

Insider Transactions at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 108 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the transaction, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the sale, the executive vice president now directly owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. 0.81% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC acquired a new position in Domino’s Pizza in the 4th quarter worth $25,000. Creative Financial Designs Inc. ADV raised its position in Domino’s Pizza by 127.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 46 shares during the last quarter. KB Financial Partners LLC bought a new stake in Domino’s Pizza in the 1st quarter valued at approximately $32,000. Harvest Fund Management Co. Ltd acquired a new position in Domino’s Pizza during the 3rd quarter worth approximately $39,000. Finally, Quadrant Capital Group LLC boosted its position in Domino’s Pizza by 41.8% during the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after acquiring an additional 33 shares during the last quarter. 94.63% 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 company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.