Stifel Nicolaus Lowers Domino’s Pizza (NYSE:DPZ) Price Target to $300.00

Domino’s Pizza (NYSE:DPZ – Get Rating) had its price target dropped by equities research analysts at Stifel Nicolaus from $320.00 to $300.00 in a research note issued on Tuesday, The Fly reports. The firm presently has a “hold” rating on the restaurant operator’s stock. Stifel Nicolaus’ price target points to a potential downside of 0.57% from the stock’s current price.

Several other research firms also recently weighed in on DPZ. BMO Capital Markets dropped their target price on shares of Domino’s Pizza from $430.00 to $380.00 and set an “outperform” rating for the company in a report on Friday, February 24th. Wedbush decreased their price objective on shares of Domino’s Pizza from $400.00 to $365.00 and set an “outperform” rating for the company in a research report on Friday, February 24th. Oppenheimer decreased their price objective on shares of Domino’s Pizza from $405.00 to $375.00 and set an “outperform” rating for the company in a research report on Friday, February 24th. Stephens decreased their price objective on shares of Domino’s Pizza from $335.00 to $300.00 and set an “equal weight” rating for the company in a research report on Friday, February 24th. Finally, Barclays decreased their price objective on shares of Domino’s Pizza from $299.00 to $270.00 and set an “underweight” rating for the company in a research report on Friday, February 24th. Two equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Hold” and an average price target of $364.88.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $301.73 on Tuesday. Domino’s Pizza has a fifty-two week low of $291.00 and a fifty-two week high of $430.94. The firm has a 50 day moving average price of $344.40 and a 200 day moving average price of $351.47. The company has a market capitalization of $10.69 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 1.80 and a beta of 0.71.

Domino’s Pizza (NYSE:DPZ – Get Rating) last posted its earnings results on Thursday, February 23rd. The restaurant operator reported $4.43 earnings per share for the quarter, beating the consensus estimate of $3.92 by $0.51. Domino’s Pizza had a net margin of 9.97% and a negative return on equity of 10.71%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm earned $4.25 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. As a group, equities research analysts forecast that Domino’s Pizza will post 13.33 earnings per share for the current year.

Insider Transactions at Domino’s Pizza

In other news, Director Patricia E. Lopez sold 244 shares of the business’s stock in a transaction dated Friday, December 23rd. The shares were sold at an average price of $351.93, for a total transaction of $85,870.92. Following the transaction, the director now directly owns 1,519 shares in the company, valued at $534,581.67. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.12% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. General Partner Inc. acquired a new position in Domino’s Pizza during the fourth quarter worth about $28,000. Twin Lakes Capital Management LLC acquired a new position in Domino’s Pizza during the third quarter worth about $31,000. Private Trust Co. NA acquired a new position in Domino’s Pizza during the second quarter worth about $35,000. Luken Investment Analytics LLC acquired a new position in Domino’s Pizza during the fourth quarter worth about $35,000. Finally, First Horizon Advisors Inc. grew its position in Domino’s Pizza by 41.7% during the third quarter. First Horizon Advisors Inc. now owns 136 shares of the restaurant operator’s stock worth $41,000 after buying an additional 40 shares during the period. 90.32% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

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Domino’s Pizza, Inc engages in the management of a network of company-owned and franchise-owned pizza stores. It operates through the following segments: U.S. Stores, International Franchise, and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises a network of franchised stores.