Domino’s Pizza, Inc. (NASDAQ:DPZ – Get Free Report) EVP Kelly E. Garcia sold 2,104 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Domino’s Pizza Trading Down 0.7 %
Shares of DPZ stock opened at $425.58 on Friday. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The stock has a market cap of $14.60 billion, a P/E ratio of 26.14, a P/E/G ratio of 2.47 and a beta of 1.06. The company has a 50 day simple moving average of $450.39 and a two-hundred day simple moving average of $437.92.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (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 business 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 firm earned $4.48 EPS. The company’s revenue was up 2.9% on a year-over-year basis. As a group, equities analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.
Domino’s Pizza Increases Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the company. Stephens reissued an “equal weight” rating and issued a $440.00 target price on shares of Domino’s Pizza in a report on Monday, March 3rd. Benchmark reiterated a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. TD Cowen restated a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, February 24th. Oppenheimer upped their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, Barclays increased their price target on shares of Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average target price of $503.41.
Read Our Latest Analysis on Domino’s Pizza
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in DPZ. Janney Montgomery Scott LLC lifted its holdings in Domino’s Pizza by 7.9% during the third quarter. Janney Montgomery Scott LLC now owns 2,924 shares of the restaurant operator’s stock valued at $1,258,000 after purchasing an additional 215 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Domino’s Pizza by 1.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock valued at $716,681,000 after buying an additional 23,681 shares in the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in shares of Domino’s Pizza during the 3rd quarter valued at $221,000. Catalytic Wealth RIA LLC boosted its holdings in Domino’s Pizza by 6.9% in the 3rd quarter. Catalytic Wealth RIA LLC now owns 834 shares of the restaurant operator’s stock worth $359,000 after buying an additional 54 shares during the period. Finally, Rakuten Securities Inc. increased its stake in Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after buying an additional 88 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.
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.
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