Domino’s Pizza Inc. (DPZ) Hits New 1-Year High at $149.92
Domino’s Pizza Inc. (NYSE:DPZ)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $149.92 and last traded at $149.73, with a volume of 412,699 shares traded. The stock had previously closed at $147.28.
A number of equities analysts have issued reports on DPZ shares. Zacks Investment Research cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. Vetr raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $140.80 target price on the stock in a report on Monday, April 25th. Numis Securities Ltd reissued a “buy” rating on shares of Domino’s Pizza in a report on Wednesday, July 20th. Goldman Sachs Group Inc. reissued a “buy” rating and issued a $139.00 target price on shares of Domino’s Pizza in a report on Tuesday, July 19th. Finally, BTIG Research reissued a “buy” rating and issued a $141.00 target price (down previously from $146.00) on shares of Domino’s Pizza in a report on Sunday, May 1st. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $135.73.
The firm has a market cap of $7.22 billion and a PE ratio of 40.2867. The stock has a 50-day moving average of $142.07 and a 200-day moving average of $129.97.
Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, July 21st. The company reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.04. During the same period in the previous year, the firm earned $0.81 EPS. The business earned $547.34 million during the quarter, compared to the consensus estimate of $533.44 million. The business’s revenue was up 12.0% compared to the same quarter last year. Equities research analysts forecast that Domino’s Pizza Inc. will post $4.13 EPS for the current year.
In other Domino’s Pizza news, Director James A. Goldman sold 3,095 shares of the business’s stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $147.66, for a total value of $457,007.70. Following the transaction, the director now directly owns 15,167 shares in the company, valued at $2,239,559.22. The transaction was disclosed in a document filed with the SEC, which is available through this link.
A number of institutional investors have recently added to or reduced their stakes in DPZ. Utah Retirement Systems raised its position in Domino’s Pizza by 1.0% in the fourth quarter. Utah Retirement Systems now owns 10,000 shares of the company’s stock worth $1,113,000 after buying an additional 100 shares during the period. Airain ltd purchased a new position in Domino’s Pizza during the fourth quarter worth approximately $1,751,000. Bank of Montreal Can raised its position in Domino’s Pizza by 1,472.2% in the fourth quarter. Bank of Montreal Can now owns 23,048 shares of the company’s stock worth $2,564,000 after buying an additional 21,582 shares during the period. Schroder Investment Management Group raised its position in Domino’s Pizza by 21.6% in the fourth quarter. Schroder Investment Management Group now owns 388,248 shares of the company’s stock worth $43,193,000 after buying an additional 69,000 shares during the period. Finally, BlackRock Advisors LLC raised its position in Domino’s Pizza by 326.9% in the fourth quarter. BlackRock Advisors LLC now owns 503,898 shares of the company’s stock worth $56,058,000 after buying an additional 385,861 shares during the period.
Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.
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