Domino’s Pizza Inc (NASDAQ:DPZ) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Domino’s Pizza Inc (NASDAQ:DPZ) have received a consensus rating of “Moderate Buy” from the thirty-two research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $392.16.

Several equities research analysts have issued reports on DPZ shares. Wells Fargo & Company lifted their price objective on Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reduced their target price on Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Berenberg Bank upgraded Domino’s Pizza to a “strong-buy” rating in a research note on Monday, October 5th. Morgan Stanley set a $357.00 price target on shares of Domino’s Pizza in a research report on Friday. Finally, KeyCorp restated a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares in the company, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the sale, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. This trade represents a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.89% of the stock is owned by company insiders.

Hedge Funds Weigh In On Domino’s Pizza

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in shares of Domino’s Pizza by 67.6% during the third quarter. GAMMA Investing LLC now owns 1,820 shares of the restaurant operator’s stock valued at $545,000 after purchasing an additional 734 shares during the last quarter. Invariant Investment Management raised its position in shares of Domino’s Pizza by 15.1% during the 3rd quarter. Invariant Investment Management now owns 3,461 shares of the restaurant operator’s stock worth $1,030,000 after purchasing an additional 453 shares during the period. CoreCap Advisors LLC raised its position in shares of Domino’s Pizza by 17.0% during the 3rd quarter. CoreCap Advisors LLC now owns 262 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 38 shares during the period. Kennon Green & Company LLC lifted its holdings in shares of Domino’s Pizza by 118.2% in the 3rd quarter. Kennon Green & Company LLC now owns 9,860 shares of the restaurant operator’s stock worth $2,954,000 after purchasing an additional 5,341 shares during the last quarter. Finally, CX Institutional lifted its holdings in shares of Domino’s Pizza by 15.6% in the 3rd quarter. CX Institutional now owns 652 shares of the restaurant operator’s stock worth $195,000 after purchasing an additional 88 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Up 0.2%

Shares of NASDAQ:DPZ opened at $309.36 on Tuesday. The company has a 50 day moving average of $326.56 and a two-hundred day moving average of $328.58. The company has a market capitalization of $10.23 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. Domino’s Pizza has a 52-week low of $282.00 and a 52-week high of $442.35.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%. The firm had revenue of $1.19 billion for the quarter. During the same quarter last year, the business earned $3.81 earnings per share. Domino’s Pizza’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, equities analysts anticipate that Domino’s Pizza will post 18.95 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is 45.15%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.

Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.

Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.