Domino’s Pizza’s (DPZ) “Equal Weight” Rating Reiterated at Stephens

Domino’s Pizza (NASDAQ:DPZ)‘s stock had its “equal weight” rating reiterated by investment analysts at Stephens in a research note issued to investors on Monday,Benzinga reports. They presently have a $440.00 price objective on the restaurant operator’s stock. Stephens’ price objective would indicate a potential downside of 10.15% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. TD Securities reaffirmed a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a research note on Monday, February 24th. Benchmark reaffirmed a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, February 25th. BMO Capital Markets lifted their target price on Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Morgan Stanley lowered their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Finally, Oppenheimer increased their price target on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Trading Up 1.5 %

Shares of NASDAQ DPZ opened at $489.71 on Monday. The stock has a market capitalization of $16.80 billion, a PE ratio of 30.08, a PEG ratio of 2.47 and a beta of 0.90. Domino’s Pizza has a twelve month low of $396.06 and a twelve month high of $542.75. The stock has a fifty day simple moving average of $444.92 and a 200-day simple moving average of $436.22.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing the consensus estimate of $4.93 by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.48 earnings per share. On average, equities analysts predict that Domino’s Pizza will post 16.74 earnings per share for the current year.

Institutional Trading of Domino’s Pizza

Several institutional investors and hedge funds have recently bought and sold shares of the business. KG&L Capital Management LLC increased its stake in Domino’s Pizza by 1.4% in the fourth quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after purchasing an additional 23 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of Domino’s Pizza by 2.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after buying an additional 23 shares during the last quarter. Greenleaf Trust increased its position in Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after acquiring an additional 26 shares during the period. EverSource Wealth Advisors LLC raised its stake in Domino’s Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in Domino’s Pizza by 2.8% during the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after acquiring an additional 28 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

About Domino’s Pizza

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.