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Brokerages have given Domino’s Pizza, Inc. (NYSE:DPZ) an average rating of “Hold.”

Elaine Mendonça by Elaine Mendonça
March 18, 2023
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According to Bloomberg, out of the thirty research firms that follow Domino’s Pizza, INC (NYSE: DPZ), the company’s shares have an average rating of “Hold.” Nine analysts have issued a buy recommendation regarding the company, 18 others have issued a hold recommendation, and two market watchers have issued a sell recommendation regarding the stock.

The average price target for the stock over the subsequent year, as provided by analysts who have rated the stock in the preceding year, is set at $357.16.

In other news, Director Patricia E.

Lopez sold 244 shares of company stock on Friday, December 23.

The transaction took place.

This comes in the wake of a string of other recent occurrences.

The total amount received for the sale of the shares was $85,870.92, equivalent to an average price of $351.93 per share. Following the completion of the transaction, the director now has 1,519 shares of the company, estimated to be worth approximately $534,581.67.

The transaction became public knowledge after being reported to the Securities and Exchange Commission (SEC) in a filing.

It can be viewed fully by following the link in the previous sentence.

In related news, Executive Vice President Cynthia A. Headen successfully sold 136 shares of company stock on Monday, March 13.

This was announced in the previous sentence.

The price received for each share, which was $300.00 on average, brought the total amount received from the sale of the shares to $40,800.00. Following the completion of the sale, the executive vice president now directly owns 4,867 business shares, the total value of which is approximately $1,460,100.

The transaction was announced in a document submitted to the Securities and Exchange Commission (SEC), and readers interested in viewing the document can do so by visiting the website of the SEC. On the same day, Friday, December 23, Patricia E.

Lopez, a company director, sold 244 shares of the company’s stock. Following the completion of the transaction, a profit of $85,870.92 was realized as a result of the sale of the shares at an average price of $351.93. Following the completion of the sale, the director has 1,519 shares in the company, which have an estimated value of $534,581.67 at the moment.

Disclosures related to the sale might be found in this website section. Corporate insiders collectively own 1.12% of the total number of shares in the company.
Recent studies have all used DPZ as a research topic, and this trend is expected to continue shortly.

Evercore ISI gave the company an “outperform” rating and lowered their price target for Domino’s Pizza from $415.00 to $370.00 in a research note published on February 24.

The note also assigned a rating of “outperform” to the business.

In a research note published on February 28, Stifel Nicolaus decreased their “hold” rating and their target price for Domino’s Pizza, which had previously been set at $320.00, to $300.00.

This was done about the company’s stock.

Domino’s Pizza was downgraded by Credit Suisse Group from a “neutral” rating to an “underweight” rating.

Their price objective on the stock was reduced from $375.00 to $335.00 in a research report published on Monday, February 27. Gordon Haskett stated in a report released on Friday, March 3, that their price target for Domino’s Pizza has decreased from $344.00 to $315.00.

The report was published.

They moved the company’s rating from “buy,” which is a significant increase, to “hold,” which is a lower rating.

Deutsche Bank Aktiengesellschaft lowered its price target for Domino’s Pizza from $351.00 to $334.00 and designated the company as a “hold” in a research note published on February 27 by the company.

This was the company’s final action but is not the least important one.
A few hedge funds have recently adjusted the percentage of their holdings invested in the company, either increasing or decreasing it. Cetera Investment Advisers increased the amount of Domino’s Pizza stock owned by 2.4% over the second quarter.

After purchasing an additional 29 shares during the relevant period, Cetera Investment Advisers now has 1,242 shares of the restaurant operator’s stock, worth a combined sum of $484,000.

This brings the total number of shares that Cetera Investment Advisers owns to 1,242.

The Westpac Banking Corporation increased the proportion of Domino’s Pizza stock owned by 1.1% over the final three months of 2018.

The total value of the 2,561 shares of the restaurant operator’s stock currently held by Westpac Banking Corp.

Is $887,000.

During the most recent fiscal quarter, an additional 29 shares were purchased, allowing this goal to be achieved.

In the third quarter, Harbor Investment Advisory LLC made a 7.1% increase in the amount of Domino’s Pizza stock it owned, making it the third consecutive quarter of growth. Following the purchase of an additional thirty shares during the most recent fiscal quarter, Harbor Investment Advisory LLC now owns a total of 451 shares of the restaurant operator’s stock, valued at $140,000.

This brings the company’s total number of shares to a round figure of 451.

In the final three months of 2018, Castleview Partners LLC made a 3.9% purchase of additional Domino’s Pizza stock, bringing the total percentage of that company’s shares it owned to 100%. Castleview Partners LLC increased its total purchase of the restaurant operator’s stock to 819 by purchasing an additional 31 shares during the most recent quarter.

These shares have a value that is equivalent to $284,000 in total when combined.

Lastly, but certainly not least, Studio Investment Management LLC increased the amount of Domino’s Pizza stock held in its portfolio by 4.9% over the final three months of 2018. Studio Investment Management LLC now has 665 shares of the restaurant operator’s stock, currently valued at $230,000, after purchasing an additional 31 shares during the most recent quarter.

This brings the total number of shares that the company owns to 665.

Investors that meet the criteria to be considered institutions are responsible for 90.32 percent of the ownership of the stock.

The NYSE DPZ started trading for $312.60 on Thursday when the market opened.

The moving average price of the company over the previous 50 days is $336.98, and the moving average price over the previous 200 days is $344.97.

In a year, the cost of a pizza from Domino’s can fluctuate anywhere from $291.00 to $426.44, depending on the size and toppings of the pie.

The company has strong financial indicators, such as a market cap of $11.07 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 1.88, and a beta of 0.76.

In addition, the company has a price-to-earnings-growth ratio of 1.88.

In addition to this, the price-to-earnings growth ratio currently sits at 1.88.
On February 23, the public received Domino’s Pizza, INC’s (NYSE: DPZ) quarterly earnings report.

The report was distributed to the public on February 23.

The restaurant operator reported earnings per share of $4.43 for the most recent quarter, which is $0.51 higher than the consensus estimate of $3.92 that market analysts provided.

The company announced that its sales for the quarter totaled $1.39 billion, which was significantly lower than the average prediction of $1.44 billion for the quarter’s sales.

In their business, Domino’s Pizza had a negative return on equity of 10.71% and a net margin of 9.97%. Compared to the same period in the prior year, the quarterly revenue increased by 3.6%.

The company generated earnings of $4.25 per share during the same period in the prior year’s operations.

The majority opinion among analysts who follow the food service industry is that Domino’s Pizza will earn $12.97 per share in 2018.

Tags: DPZ, Analyst Rating
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

DISCLAIMER

Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security.

The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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