Finally, BTIG Research reiterated a "buy" rating and set a $195.00 price objective on shares of Domino's Pizza in a research note on Tuesday, February 28th. Finally, Oppenheimer raised Domino's Pizza to a "buy" rating and set a $220.00 target price for the company in a research report on Thursday, January 4th.
Domino's is moving beyond home and business delivery and will start delivering pizzas in the great outdoors. They set a "buy" rating and a $250.00 price target for the company. Deutsche Bank maintained Domino's Pizza, Inc. On Monday, February 26 the rating was maintained by Citigroup with "Neutral". Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The average target $235.38 is -0.69% below the last ($237.01) price.
Shares of Domino's Pizza (NYSE:DPZ) traded up 0.51% during midday trading on Tuesday, hitting $184.89. The firm has a market cap of $9,907.96, a PE ratio of 43.51, a PEG ratio of 1.91 and a beta of 0.37. The company reported $1.48 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.44 by $0.04. 45 investors sold all, 123 reduced holdings as Domino's Pizza, Inc. ratio fall.
Domino's Pizza (NYSE:DPZ) last released its quarterly earnings results on Tuesday, February 20th. The company had revenue of $891.50 million for the quarter, compared to the consensus estimate of $904.79 million. Domino's Pizza had a negative return on equity of 11.03% and a net margin of 8.55%. During the same quarter previous year, the company earned $1.48 EPS. This buyback authorization authorizes the restaurant operator to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.
Several hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB now owns 12,055 shares of the restaurant operator's stock worth $2,278,000 after buying an additional 561 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in Domino's Pizza during the fourth quarter valued at $151,000. Daiwa Securities Group Inc. now owns 1,250 shares of the company's stock valued at $190,000 after buying an additional 150 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 28,387 shares of the restaurant operator's stock valued at $5,364,000 after purchasing an additional 950 shares in the last quarter. This is a boost from Domino's Pizza's previous quarterly dividend of $0.38. HBK Investments L P now owns 117,548 shares of the restaurant operator's stock worth $22,212,000 after buying an additional 63,948 shares during the period.
WARNING: This report was reported by Week Herald and is the sole property of of Week Herald.
Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery firm in the United States and internationally. It operates through three divisions: Domestic Stores, Supply Chain, and International Franchise.The P/E ratio is 40.65. The locations have been chosen by local Domino's stores around the country.