Domino’s Pizza, Inc. (NYSE:DPZ) Receives $289.82 Consensus Price Target from Analysts

Shares of Domino’s Pizza, Inc. (NYSE:DPZ) have been assigned a consensus rating of “Buy” from the twenty-nine research firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $289.82.

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Several brokerages have recently weighed in on DPZ. Robert W. Baird set a $300.00 price objective on shares of Domino’s Pizza and gave the stock a “buy” rating in a report on Tuesday, October 8th. Oppenheimer set a $295.00 price target on shares of Domino’s Pizza and gave the company a “buy” rating in a report on Wednesday, October 9th. Deutsche Bank restated a “sell” rating and issued a $208.00 price target on shares of Domino’s Pizza in a report on Wednesday, October 30th. Mizuho cut their price target on shares of Domino’s Pizza from $320.00 to $305.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Finally, Stephens cut their price target on shares of Domino’s Pizza from $325.00 to $300.00 and set an “overweight” rating on the stock in a report on Wednesday, July 17th.

A number of large investors have recently modified their holdings of the business. Copeland Capital Management LLC grew its position in Domino’s Pizza by 0.5% in the third quarter. Copeland Capital Management LLC now owns 37,617 shares of the restaurant operator’s stock valued at $9,201,000 after acquiring an additional 189 shares in the last quarter. TimesSquare Capital Management LLC grew its position in Domino’s Pizza by 1.5% in the third quarter. TimesSquare Capital Management LLC now owns 264,500 shares of the restaurant operator’s stock valued at $64,694,000 after acquiring an additional 4,000 shares in the last quarter. BBVA USA Bancshares Inc. acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $444,000. Prime Capital Investment Advisors LLC acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $27,000. Finally, Benjamin F. Edwards & Company Inc. grew its position in Domino’s Pizza by 6.8% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,877 shares of the restaurant operator’s stock valued at $459,000 after acquiring an additional 120 shares in the last quarter. 95.57% of the stock is owned by institutional investors.

Shares of DPZ stock traded down $2.02 during trading hours on Thursday, hitting $280.66. 652,038 shares of the company were exchanged, compared to its average volume of 857,578. The firm has a market cap of $11.61 billion, a PE ratio of 33.33, a PEG ratio of 1.99 and a beta of 0.48. Domino’s Pizza has a 1 year low of $220.90 and a 1 year high of $302.05. The firm has a fifty day moving average of $256.12 and a 200 day moving average of $261.28.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Tuesday, October 8th. The restaurant operator reported $2.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by ($0.01). The company had revenue of $820.81 million for the quarter, compared to analysts’ expectations of $827.23 million. Domino’s Pizza had a negative return on equity of 12.92% and a net margin of 10.79%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.95 earnings per share. As a group, equities research analysts predict that Domino’s Pizza will post 9.4 earnings per share for the current year.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Analyst Recommendations for Domino`s Pizza (NYSE:DPZ)

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