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

Stephens restated their equal weight rating on shares of Domino's Pizza (NASDAQ:DPZ - Free Report) in a research report report published on Monday morning,Benzinga reports. They currently have a $440.00 target price on the restaurant operator's stock.

Several other brokerages have also recently issued reports on DPZ. Argus cut Domino's Pizza from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Benchmark reissued a "buy" rating and issued a $520.00 price target on shares of Domino's Pizza in a report on Tuesday, February 25th. 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 note on Wednesday, February 19th. Morgan Stanley decreased their target price on shares of Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating for the company in a research note on Tuesday, January 21st. Finally, TD Cowen restated a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $503.41.

Domino's Pizza Price Performance

DPZ traded up $4.06 during trading on Monday, reaching $480.24. 671,184 shares of the company's stock were exchanged, compared to its average volume of 596,590. Domino's Pizza has a 1 year low of $396.06 and a 1 year high of $542.75. The company's fifty day simple moving average is $447.99 and its 200-day simple moving average is $437.05. The stock has a market capitalization of $16.47 billion, a P/E ratio of 29.50, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

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 for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.48 EPS. Equities analysts forecast that Domino's Pizza will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.45%. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. Domino's Pizza's dividend payout ratio is presently 41.70%.

Institutional Investors Weigh In On Domino's Pizza

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wood Tarver Financial Group LLC acquired a new stake in Domino's Pizza during the 4th quarter worth $25,000. Siemens Fonds Invest GmbH purchased a new position in shares of Domino's Pizza in the 4th quarter valued at approximately $18,544,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Domino's Pizza in the fourth quarter valued at approximately $14,338,000. ABLE Financial Group LLC increased its holdings in shares of Domino's Pizza by 26.9% in the fourth quarter. ABLE Financial Group LLC now owns 4,500 shares of the restaurant operator's stock valued at $1,889,000 after purchasing an additional 955 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of Domino's Pizza by 1.4% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 410,467 shares of the restaurant operator's stock worth $172,298,000 after purchasing an additional 5,762 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other 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.