Domino’s Pizza (NYSE:DPZ) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Domino’s Pizza (NYSE:DPZ – Get Rating) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the restaurant operator’s stock.

Other equities analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Domino’s Pizza from $351.00 to $334.00 and set a “hold” rating on the stock in a research note on Monday, February 27th. Stifel Nicolaus dropped their price target on shares of Domino’s Pizza from $320.00 to $300.00 and set a “hold” rating on the stock in a research note on Tuesday, February 28th. Citigroup lowered shares of Domino’s Pizza from a “buy” rating to a “neutral” rating and dropped their price target for the company from $429.00 to $316.00 in a research note on Friday, February 24th. Robert W. Baird lowered shares of Domino’s Pizza from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $400.00 to $320.00 in a research note on Friday, February 24th. Finally, Northcoast Research reiterated a “neutral” rating on shares of Domino’s Pizza in a research note on Tuesday, February 28th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has an average rating of “Hold” and a consensus price target of $361.12.

Domino’s Pizza Stock Performance

DPZ stock opened at $312.60 on Thursday. The company’s 50 day moving average price is $336.98 and its 200 day moving average price is $344.97. Domino’s Pizza has a fifty-two week low of $291.00 and a fifty-two week high of $426.44. The firm has a market capitalization of $11.07 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 1.88 and a beta of 0.76.

Domino’s Pizza (NYSE:DPZ – Get Rating) last released its earnings results on Thursday, February 23rd. The restaurant operator reported $4.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the firm earned $4.25 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. Equities analysts forecast that Domino’s Pizza will post 12.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 136 shares of the stock in a transaction on Monday, March 13th. The stock was sold at an average price of $300.00, for a total value of $40,800.00. Following the completion of the transaction, the executive vice president now owns 4,867 shares in the company, valued at $1,460,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Patricia E. Lopez sold 244 shares of the firm’s stock in a transaction on Friday, December 23rd. The stock was sold at an average price of $351.93, for a total value of $85,870.92. Following the completion of the transaction, the director now 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 link. Also, EVP Cynthia A. Headen sold 136 shares of the firm’s stock in a transaction on Monday, March 13th. The shares were sold at an average price of $300.00, for a total value of $40,800.00. Following the completion of the transaction, the executive vice president now owns 4,867 shares of the company’s stock, valued at approximately $1,460,100. The disclosure for this sale can be found here. 1.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers increased its position in shares of Domino’s Pizza by 2.4% in the second quarter. Cetera Investment Advisers now owns 1,242 shares of the restaurant operator’s stock valued at $484,000 after buying an additional 29 shares in the last quarter. Westpac Banking Corp increased its position in Domino’s Pizza by 1.1% during the 4th quarter. Westpac Banking Corp now owns 2,561 shares of the restaurant operator’s stock worth $887,000 after purchasing an additional 29 shares in the last quarter. Harbor Investment Advisory LLC increased its position in Domino’s Pizza by 7.1% during the 3rd quarter. Harbor Investment Advisory LLC now owns 451 shares of the restaurant operator’s stock worth $140,000 after purchasing an additional 30 shares in the last quarter. Castleview Partners LLC increased its position in Domino’s Pizza by 3.9% during the 4th quarter. Castleview Partners LLC now owns 819 shares of the restaurant operator’s stock worth $284,000 after purchasing an additional 31 shares in the last quarter. Finally, Studio Investment Management LLC increased its position in Domino’s Pizza by 4.9% during the 4th quarter. Studio Investment Management LLC now owns 665 shares of the restaurant operator’s stock worth $230,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 90.32% of the company’s stock.

Domino’s Pizza Company Profile

(Get Rating)

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.