Today: Domino’s Pizza Inc. (DPZ) Stock Rating Reaffirmed by Beaufort Securities

Today: Domino’s Pizza Inc. (DPZ) Stock Rating Reaffirmed by Beaufort Securities

Domino’s Pizza Inc. (NYSE:DPZ)‘s stock had its “buy” rating reiterated by equities researchers at Beaufort Securities in a note issued to investors on Thursday.

A number of other brokerages have also recently commented on DPZ. Citigroup Inc. increased their price target on Domino’s Pizza from $137.00 to $159.00 and gave the company a “neutral” rating in a research note on Tuesday, September 13th. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a $139.00 price target on shares of Domino’s Pizza in a research note on Tuesday, July 19th. Peel Hunt reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Thursday. Zacks Investment Research upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a research note on Tuesday, July 26th. Finally, Numis Securities Ltd reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company’s stock. Domino’s Pizza has a consensus rating of “Hold” and a consensus target price of $144.42.

Domino’s Pizza (NYSE:DPZ) opened at 151.12 on Thursday. Domino’s Pizza has a 52-week low of $100.59 and a 52-week high of $155.10. The stock’s 50 day moving average price is $151.10 and its 200 day moving average price is $137.51. The firm has a market capitalization of $7.29 billion, a PE ratio of 40.68 and a beta of 0.81.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, July 21st. The company reported $0.98 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.04. Domino’s Pizza had a negative return on equity of 11.59% and a net margin of 8.45%. The company earned $547.34 million during the quarter, compared to analysts’ expectations of $533.44 million. During the same period in the prior year, the company earned $0.81 EPS. Domino’s Pizza’s revenue was up 12.0% compared to the same quarter last year. On average, analysts predict that Domino’s Pizza will post $4.14 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were paid a dividend of $0.38 per share. The ex-dividend date was Tuesday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.01%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 40.86%.

In other news, Director James A. Goldman sold 3,095 shares of the business’s stock in a transaction that occurred on Monday, July 25th. The stock was sold at an average price of $147.66, for a total value of $457,007.70. Following the transaction, the director now owns 15,167 shares in the company, valued at approximately $2,239,559.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Richard E. Allison, Jr. sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $146.92, for a total value of $2,938,400.00. Following the completion of the transaction, the insider now owns 42,080 shares in the company, valued at approximately $6,182,393.60. The disclosure for this sale can be found here. Company insiders own 5.03% of the company’s stock.

Several institutional investors have recently made changes to their positions in DPZ. World Asset Management Inc increased its position in shares of Domino’s Pizza by 1.0% in the second quarter. World Asset Management Inc now owns 2,473 shares of the company’s stock worth $325,000 after buying an additional 24 shares during the last quarter. Profund Advisors LLC increased its position in shares of Domino’s Pizza by 0.5% in the second quarter. Profund Advisors LLC now owns 6,008 shares of the company’s stock worth $789,000 after buying an additional 27 shares during the last quarter. Creative Planning increased its position in shares of Domino’s Pizza by 2.7% in the third quarter. Creative Planning now owns 1,420 shares of the company’s stock worth $216,000 after buying an additional 38 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in shares of Domino’s Pizza by 0.7% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 8,658 shares of the company’s stock worth $1,137,000 after buying an additional 62 shares during the last quarter. Finally, Calvert Investment Management Inc. increased its position in shares of Domino’s Pizza by 4.3% in the second quarter. Calvert Investment Management Inc. now owns 3,027 shares of the company’s stock worth $398,000 after buying an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 95.61% of the company’s stock.

Domino’s Pizza Company Profile

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