Domino’s Pizza (NYSE:DPZ) PT Raised to $570.00

Domino’s Pizza (NYSE:DPZ) had its price objective upped by stock analysts at UBS Group from $526.00 to $570.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the restaurant operator’s stock. UBS Group’s target price would indicate a potential upside of 18.22% from the company’s previous close.

A number of other research analysts have also recently issued reports on the stock. Citigroup boosted their price objective on shares of Domino’s Pizza from $458.00 to $505.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. TD Cowen restated a “buy” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a research report on Wednesday, April 10th. Stifel Nicolaus lifted their target price on Domino’s Pizza from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Piper Sandler increased their price target on Domino’s Pizza from $400.00 to $435.00 and gave the stock a “neutral” rating in a report on Tuesday, February 27th. Finally, Barclays raised their price target on Domino’s Pizza from $346.00 to $405.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $460.90.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $482.14 on Tuesday. Domino’s Pizza has a 52 week low of $285.84 and a 52 week high of $508.44. The stock has a market capitalization of $16.79 billion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.46 and a beta of 0.86. The firm has a fifty day moving average of $458.76 and a two-hundred day moving average of $412.99.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating the consensus estimate of $4.38 by $0.10. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.43 earnings per share. As a group, research analysts forecast that Domino’s Pizza will post 15.76 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at approximately $1,935,762.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Cynthia A. Headen sold 108 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Cynthia A. Headen sold 768 shares of Domino’s Pizza stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the sale, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The disclosure for this sale can be found here. Insiders own 0.81% of the company’s stock.

Institutional Trading of Domino’s Pizza

Several institutional investors have recently modified their holdings of the business. Turtle Creek Wealth Advisors LLC acquired a new position in Domino’s Pizza during the 4th quarter worth about $25,000. KB Financial Partners LLC acquired a new position in shares of Domino’s Pizza in the first quarter worth approximately $32,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock worth $34,000 after acquiring an additional 46 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in Domino’s Pizza in the third quarter valued at approximately $39,000. Finally, Quadrant Capital Group LLC increased its position in Domino’s Pizza by 41.8% during the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after purchasing an additional 33 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Company Profile

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