Domino’s Pizza (NASDAQ:DPZ) Given Outperform Rating at Wedbush

Domino’s Pizza (NASDAQ:DPZ)‘s stock had its “outperform” rating restated by equities research analysts at Wedbush in a note issued to investors on Tuesday,Benzinga reports. They currently have a $500.00 price objective on the restaurant operator’s stock. Wedbush’s target price suggests a potential upside of 4.36% from the company’s previous close. Wedbush also issued estimates for Domino’s Pizza’s Q4 2024 earnings at $4.91 EPS, FY2024 earnings at $16.71 EPS, Q1 2025 earnings at $4.13 EPS, Q1 2025 earnings at $4.02 EPS, Q2 2025 earnings at $3.78 EPS, Q2 2025 earnings at $4.00 EPS, Q3 2025 earnings at $3.99 EPS, Q4 2025 earnings at $5.54 EPS, FY2025 earnings at $17.56 EPS, FY2025 earnings at $17.65 EPS, Q1 2026 earnings at $4.44 EPS, Q2 2026 earnings at $4.20 EPS, Q3 2026 earnings at $4.43 EPS, Q4 2026 earnings at $6.26 EPS and FY2026 earnings at $19.30 EPS.

Other equities analysts have also recently issued research reports about the company. TD Cowen reiterated a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a report on Monday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a research note on Thursday, February 20th. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and upped their price target for the company from $419.00 to $559.00 in a report on Friday, November 8th. TD Securities reissued a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research report on Monday. Finally, Morgan Stanley dropped their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Trading Up 1.9 %

NASDAQ DPZ opened at $479.11 on Tuesday. Domino’s Pizza has a 12 month low of $396.06 and a 12 month high of $542.75. The stock has a market cap of $16.54 billion, a PE ratio of 29.43, a P/E/G ratio of 2.47 and a beta of 0.90. The stock’s 50 day moving average is $442.56 and its 200 day moving average is $435.66.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the company posted $4.48 earnings per share. Domino’s Pizza’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts forecast that Domino’s Pizza will post 16.74 EPS for the current fiscal year.

Institutional Trading of Domino’s Pizza

Several institutional investors and hedge funds have recently modified their holdings of DPZ. Berkshire Hathaway Inc purchased a new position in Domino’s Pizza during the third quarter worth about $549,399,000. Norges Bank acquired a new stake in shares of Domino’s Pizza in the fourth quarter worth $250,571,000. FMR LLC raised its position in Domino’s Pizza by 16.3% in the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock valued at $941,936,000 after purchasing an additional 307,528 shares during the period. Champlain Investment Partners LLC acquired a new position in Domino’s Pizza during the 3rd quarter worth approximately $99,352,000. Finally, Invesco Ltd. boosted its holdings in Domino’s Pizza by 46.0% in the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator’s stock worth $255,649,000 after acquiring an additional 191,752 shares during the period. Hedge funds and other 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.