Domino’s Pizza, Inc. (NYSE:DPZ) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Domino’s Pizza, Inc. (NYSE:DPZ) has earned an average rating of “Moderate Buy” from the twenty-five brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and seventeen have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $460.90.

Several equities analysts recently weighed in on the stock. Barclays raised their target price on shares of Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a research note on Tuesday, February 27th. Wedbush reaffirmed an “outperform” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research report on Wednesday, April 10th. BMO Capital Markets lifted their price objective on shares of Domino’s Pizza from $475.00 to $535.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. UBS Group lifted their price objective on shares of Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Sanford C. Bernstein raised shares of Domino’s Pizza from an “underperform” rating to a “market perform” rating and lifted their price objective for the stock from $330.00 to $370.00 in a research report on Tuesday, January 9th.

Domino’s Pizza Trading Down 0.1 %

NYSE:DPZ opened at $481.66 on Friday. Domino’s Pizza has a 1-year low of $285.84 and a 1-year high of $508.44. The firm has a fifty day simple moving average of $459.86 and a 200 day simple moving average of $413.47. The stock has a market capitalization of $16.78 billion, a PE ratio of 32.83, a P/E/G ratio of 2.46 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating the consensus estimate of $4.38 by $0.10. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the business earned $4.43 earnings per share. The firm’s revenue was up .8% on a year-over-year basis. On average, equities analysts predict that Domino’s Pizza will post 15.76 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, March 14th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.21. Domino’s Pizza’s payout ratio is 41.17%.

Insider Activity at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 108 shares of the business’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 transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of Domino’s Pizza 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 transaction, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Cynthia A. Headen sold 768 shares of Domino’s Pizza stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares in the company, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DPZ. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Domino’s Pizza by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,869 shares of the restaurant operator’s stock valued at $1,982,000 after acquiring an additional 302 shares during the last quarter. Cibc World Market Inc. grew its holdings in shares of Domino’s Pizza by 15.3% during the first quarter. Cibc World Market Inc. now owns 6,303 shares of the restaurant operator’s stock worth $2,565,000 after purchasing an additional 838 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Domino’s Pizza by 2.3% during the first quarter. Sei Investments Co. now owns 15,131 shares of the restaurant operator’s stock worth $6,034,000 after purchasing an additional 339 shares during the last quarter. Aviva PLC grew its holdings in shares of Domino’s Pizza by 35.3% during the first quarter. Aviva PLC now owns 17,279 shares of the restaurant operator’s stock worth $7,033,000 after purchasing an additional 4,505 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Domino’s Pizza by 1,387.6% during the first quarter. Canada Pension Plan Investment Board now owns 1,800 shares of the restaurant operator’s stock worth $733,000 after purchasing an additional 1,679 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

About Domino’s Pizza

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.