Recent Research Analysts’ Ratings Changes for Domino’s Pizza (DPZ)

Posted by Sean Solarzano on Oct 24th, 2024

Domino’s Pizza (NYSE: DPZ) has recently received a number of price target changes and ratings updates:

10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Barclays PLC from $380.00 to $370.00. They now have an “underweight” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Morgan Stanley from $520.00 to $510.00. They now have an “overweight” rating on the stock.
10/11/2024 – Domino’s Pizza had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $470.00 price target on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Royal Bank of Canada from $500.00 to $490.00. They now have an “outperform” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at BMO Capital Markets from $510.00 to $500.00. They now have an “outperform” rating on the stock.
10/11/2024 – Domino’s Pizza had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $490.00 price target on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Citigroup Inc. from $450.00 to $440.00. They now have a “neutral” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at JPMorgan Chase & Co. from $470.00 to $450.00. They now have a “neutral” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Jefferies Financial Group Inc. from $455.00 to $450.00. They now have a “hold” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Stephens from $430.00 to $420.00. They now have an “equal weight” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Wells Fargo & Company from $450.00 to $420.00. They now have an “equal weight” rating on the stock.
10/11/2024 – Domino’s Pizza had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $520.00 price target on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at BTIG Research from $580.00 to $500.00. They now have a “buy” rating on the stock.
10/11/2024 – Domino’s Pizza had its “buy” rating reaffirmed by analysts at TD Cowen. They now have a $475.00 price target on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Bank of America Co. from $582.00 to $557.00. They now have a “buy” rating on the stock.
10/11/2024 – Domino’s Pizza had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $500.00 to $480.00. They now have a “buy” rating on the stock.
10/10/2024 – Domino’s Pizza had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $430.00 price target on the stock.
10/7/2024 – Domino’s Pizza had its price target lowered by analysts at Evercore ISI from $500.00 to $480.00. They now have an “outperform” rating on the stock.
10/7/2024 – Domino’s Pizza had its price target lowered by analysts at Piper Sandler from $436.00 to $429.00. They now have a “neutral” rating on the stock.
10/4/2024 – Domino’s Pizza had its price target lowered by analysts at Wedbush from $510.00 to $470.00. They now have an “outperform” rating on the stock.
10/4/2024 – Domino’s Pizza had its price target raised by analysts at Bank of America Co. from $577.00 to $582.00. They now have a “buy” rating on the stock.
10/2/2024 – Domino’s Pizza had its price target raised by analysts at Morgan Stanley from $515.00 to $520.00. They now have an “overweight” rating on the stock.
9/26/2024 – Domino’s Pizza had its price target lowered by analysts at Guggenheim from $485.00 to $460.00. They now have a “neutral” rating on the stock.
9/20/2024 – Domino’s Pizza had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $419.00 price target on the stock.
9/16/2024 – Domino’s Pizza had its price target raised by analysts at JPMorgan Chase & Co. from $450.00 to $470.00. They now have a “neutral” rating on the stock.
9/16/2024 – Domino’s Pizza had its price target lowered by analysts at TD Cowen from $520.00 to $475.00. They now have a “buy” rating on the stock.
9/12/2024 – Domino’s Pizza had its price target lowered by analysts at Robert W. Baird from $580.00 to $535.00. They now have an “outperform” rating on the stock.
9/11/2024 – Domino’s Pizza had its price target lowered by analysts at BMO Capital Markets from $525.00 to $510.00. They now have an “outperform” rating on the stock.
9/6/2024 – Domino’s Pizza had its price target lowered by analysts at Oppenheimer Holdings Inc. from $510.00 to $490.00. They now have an “outperform” rating on the stock.

Domino’s Pizza Stock Down 0.7 %

NYSE DPZ traded down $2.95 on Thursday, hitting $419.75. The stock had a trading volume of 89,755 shares, compared to its average volume of 608,400. The company’s 50-day moving average is $420.29 and its two-hundred day moving average is $465.72. Domino’s Pizza, Inc. has a one year low of $332.13 and a one year high of $542.75. The stock has a market cap of $14.64 billion, a price-to-earnings ratio of 27.40, a P/E/G ratio of 2.23 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ – Get Free Report) last issued its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $4.18 EPS. On average, sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 6,970 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total value of $2,985,041.90. Following the completion of the sale, the director now directly owns 15,390 shares in the company, valued at $6,591,075.30. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in shares of Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 39 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of Domino’s Pizza in the 3rd quarter worth approximately $30,000. Crewe Advisors LLC acquired a new stake in shares of Domino’s Pizza during the 1st quarter worth approximately $36,000. Versant Capital Management Inc increased its position in shares of Domino’s Pizza by 654.5% during the second quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after purchasing an additional 72 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in Domino’s Pizza in the third quarter worth $43,000. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.