Domino's Pizza's (DPZ) Equal Weight Rating Reiterated at Stephens

Domino's Pizza (NASDAQ:DPZ - Get Free Report)'s stock had its "equal weight" rating reiterated by equities research analysts at Stephens in a note issued to investors on Wednesday,Benzinga reports. They currently have a $440.00 price target on the restaurant operator's stock. Stephens' price objective points to a potential upside of 1.07% from the stock's previous close.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley reduced their price objective on shares of Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. Oppenheimer upped their price target on shares of Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Citigroup raised their price objective on shares of Domino's Pizza from $440.00 to $520.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 19th. TD Securities reaffirmed a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Monday, March 31st. Finally, Loop Capital dropped their price target on Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $503.04.

Domino's Pizza Trading Down 2.0 %

Shares of Domino's Pizza stock traded down $8.88 during trading on Wednesday, hitting $435.33. 531,751 shares of the stock were exchanged, compared to its average volume of 620,421. Domino's Pizza has a 1-year low of $396.06 and a 1-year high of $542.75. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company has a fifty day moving average price of $461.64 and a 200-day moving average price of $443.50.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the company earned $4.48 EPS. Domino's Pizza's quarterly revenue was up 2.9% on a year-over-year basis. Equities research analysts forecast that Domino's Pizza will post 16.74 EPS for the current fiscal year.

Insider Buying and Selling at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares of the company's stock, valued at approximately $346,541. This represents a 87.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of Domino's Pizza stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the transaction, the chief financial officer now directly owns 8,081 shares of the company's stock, valued at approximately $3,581,499.20. This trade represents a 11.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. Insiders own 0.83% of the company's stock.

Institutional Investors Weigh In On Domino's Pizza

A number of hedge funds have recently added to or reduced their stakes in DPZ. Berkshire Hathaway Inc grew its holdings in Domino's Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock worth $999,868,000 after purchasing an additional 1,104,744 shares during the period. Principal Financial Group Inc. boosted its holdings in Domino's Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock worth $708,498,000 after acquiring an additional 21,705 shares in the last quarter. Geode Capital Management LLC grew its stake in Domino's Pizza by 10.7% in the fourth quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock valued at $403,203,000 after acquiring an additional 92,389 shares during the period. Invesco Ltd. increased its holdings in shares of Domino's Pizza by 46.0% during the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after acquiring an additional 191,752 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Domino's Pizza during the fourth quarter worth approximately $250,571,000. 94.63% of the stock is currently owned by institutional investors.

Domino's Pizza Company Profile

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.