DPC Holdings PLC (NYSE:DPC) Stock Now Rated “Hold” by Sell-Side Analysts

DPC Holdings PLC (NYSE:DPC) has received a consensus rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $50.30.

A number of research analysts have recently issued reports on DPC shares. Rothschild & Co Redburn assumed coverage on shares of DPC in a research note on Monday, July 20th. They issued a “buy” rating and a $53.50 target price for the company. Morgan Stanley reduced their target price on DPC from $59.00 to $43.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Royal Bank Of Canada decreased their price target on DPC from $62.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday. Weiss Ratings cut DPC from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday. Finally, Jefferies Financial Group assumed coverage on DPC in a report on Monday, July 20th. They set a “buy” rating and a $56.00 price target for the company.

Institutional Trading of DPC

Several large investors have recently made changes to their positions in DPC. Irenic Capital Management LP acquired a new stake in shares of DPC in the second quarter valued at $41,201,000. HBK Investments L P bought a new position in shares of DPC in the second quarter valued at about $72,750,000. BlueCrest Capital Management Ltd acquired a new position in DPC during the 2nd quarter worth about $1,226,000. Tribune Investment Group LP acquired a new position in DPC during the 2nd quarter worth about $3,105,000. Finally, SurgoCap Partners LP acquired a new position in DPC during the 2nd quarter worth about $31,336,000.

DPC Stock Down 6.5%

Shares of DPC stock opened at $27.39 on Friday. DPC has a 12-month low of $25.00 and a 12-month high of $57.25. The company has a market cap of $4.09 billion and a P/E ratio of 547.80. The company’s 50-day moving average price is $38.12. The company has a quick ratio of 1.22, a current ratio of 1.48 and a debt-to-equity ratio of 0.12.

DPC (NYSE:DPC) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The business had revenue of $268.70 million for the quarter. As a group, research analysts expect that DPC will post -0.66 earnings per share for the current year.

DPC Company Profile

DPC Dash Ltd. (NYSE: DPC) is a quick-service restaurant company that develops and operates Domino’s Pizza stores in China. The company serves customers through a network of company-operated and franchised locations, offering pizzas, side dishes, desserts and beverages for delivery, carryout and dine-in service.

DPC Dash operates under an exclusive master franchise agreement with Domino’s Pizza for mainland China. Its business focuses on expanding the Domino’s brand in the Chinese market while adapting store operations, digital ordering and menu offerings to local consumer preferences.

The company traces its operations in China to 2010 and is headquartered in Shanghai.