UBS Group Reaffirms “Hold” Rating for Domino’s Pizza (DPZ)

UBS Group reiterated their hold rating on shares of Domino’s Pizza (NYSE:DPZ) in a report issued on Wednesday morning, www.analystratings.com reports.

A number of other analysts have also recently commented on DPZ. Wells Fargo & Co increased their price target on shares of Domino’s Pizza from $235.00 to $255.00 and gave the company a market perform rating in a research note on Tuesday, July 10th. They noted that the move was a valuation call. Morgan Stanley increased their price target on shares of Domino’s Pizza from $260.00 to $270.00 and gave the company an equal weight rating in a research note on Monday, July 16th. Maxim Group increased their price target on shares of Domino’s Pizza from $270.00 to $285.00 and gave the company a hold rating in a research note on Tuesday, July 17th. They noted that the move was a valuation call. Jefferies Financial Group reiterated a neutral rating and issued a $265.00 price target on shares of Domino’s Pizza in a research note on Friday, July 20th. Finally, Stephens increased their price target on shares of Domino’s Pizza from $300.00 to $310.00 and gave the company an overweight rating in a research note on Friday, July 20th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $274.30.

DPZ stock traded up $1.20 during trading hours on Wednesday, reaching $274.35. The stock had a trading volume of 402,615 shares, compared to its average volume of 758,843. The stock has a market cap of $11.29 billion, a P/E ratio of 51.38, a P/E/G ratio of 1.88 and a beta of 0.41. Domino’s Pizza has a fifty-two week low of $168.56 and a fifty-two week high of $305.34.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Tuesday, October 16th. The restaurant operator reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.20. The firm had revenue of $786.00 million during the quarter, compared to analysts’ expectations of $789.10 million. Domino’s Pizza had a net margin of 10.60% and a negative return on equity of 11.92%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.27 earnings per share. On average, research analysts expect that Domino’s Pizza will post 8.42 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Thursday, December 13th. Domino’s Pizza’s dividend payout ratio is 41.20%.

In related news, COO Russell J. Weiner sold 4,404 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $293.88, for a total transaction of $1,294,247.52. Following the transaction, the chief operating officer now directly owns 13,738 shares of the company’s stock, valued at $4,037,323.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider J Patrick Doyle sold 25,600 shares of the firm’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $301.15, for a total transaction of $7,709,440.00. Following the transaction, the insider now directly owns 49,670 shares in the company, valued at $14,958,120.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,004 shares of company stock worth $11,956,888. 3.97% of the stock is owned by insiders.

A number of large investors have recently added to or reduced their stakes in DPZ. FMR LLC increased its position in Domino’s Pizza by 150.2% during the second quarter. FMR LLC now owns 1,184,342 shares of the restaurant operator’s stock worth $334,186,000 after acquiring an additional 711,035 shares during the period. BlackRock Inc. increased its position in Domino’s Pizza by 5.8% during the second quarter. BlackRock Inc. now owns 5,316,377 shares of the restaurant operator’s stock worth $1,500,121,000 after acquiring an additional 292,482 shares during the period. Massachusetts Financial Services Co. MA increased its position in Domino’s Pizza by 319.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 225,664 shares of the restaurant operator’s stock worth $66,526,000 after acquiring an additional 171,832 shares during the period. Janus Henderson Group PLC increased its position in Domino’s Pizza by 183.9% during the third quarter. Janus Henderson Group PLC now owns 169,974 shares of the restaurant operator’s stock worth $50,109,000 after acquiring an additional 110,100 shares during the period. Finally, Wells Fargo & Company MN increased its position in Domino’s Pizza by 77.9% during the third quarter. Wells Fargo & Company MN now owns 229,878 shares of the restaurant operator’s stock worth $67,768,000 after acquiring an additional 100,668 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

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

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

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