Domino’s Pizza (NASDAQ:DPZ) Sets New 52-Week Low – Time to Sell?

Shares of Domino’s Pizza Inc (NASDAQ:DPZ) reached a new 52-week low on Wednesday . The stock traded as low as $324.86 and last traded at $325.0010, with a volume of 159993 shares traded. The stock had previously closed at $331.73.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their price objective on Domino’s Pizza from $450.00 to $440.00 and set an “overweight” rating for the company in a report on Friday, April 24th. Northcoast Research reduced their price target on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. HSBC decreased their price target on shares of Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Mizuho lowered their price objective on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Finally, Robert W. Baird reduced their target price on shares of Domino’s Pizza from $495.00 to $400.00 and set an “outperform” rating for the company in a report on Monday, April 27th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $421.35.

Domino’s Pizza Price Performance

The firm has a 50-day moving average of $376.30 and a 200 day moving average of $398.20. The stock has a market capitalization of $10.80 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 1.52 and a beta of 1.02.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The company had revenue of $1.15 billion for the quarter. During the same quarter last year, the business earned $4.33 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. On average, equities analysts forecast that Domino’s Pizza Inc will post 19.22 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, June 15th. Domino’s Pizza’s payout ratio is presently 45.83%.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $332.31, for a total value of $162,167.28. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at $3,107,763.12. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.89% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. SHP Wealth Management acquired a new stake in Domino’s Pizza in the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares during the period. Johnson Financial Group Inc. increased its position in Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after buying an additional 56 shares during the last quarter. MBM Wealth Consultants LLC acquired a new position in Domino’s Pizza during the first quarter worth approximately $31,000. Finally, Cornerstone Planning Group LLC raised its stake in Domino’s Pizza by 450.0% in the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after buying an additional 81 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.