BTIG Research Analysts Give Domino’s Pizza (NYSE:DPZ) a $325.00 Price Target

Domino’s Pizza (NYSE:DPZ) received a $325.00 target price from analysts at BTIG Research in a note issued to investors on Monday, TipRanks reports. The firm currently has a “buy” rating on the restaurant operator’s stock. BTIG Research’s price target suggests a potential upside of 30.47% from the company’s current price.

Several other analysts have also recently issued reports on DPZ. Deutsche Bank set a $208.00 target price on shares of Domino’s Pizza and gave the stock a “sell” rating in a research note on Monday. Maxim Group reduced their price target on shares of Domino’s Pizza from $300.00 to $280.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Stephens decreased their price target on shares of Domino’s Pizza from $325.00 to $300.00 and set an “overweight” rating on the stock in a report on Wednesday, July 17th. Oppenheimer decreased their price target on shares of Domino’s Pizza from $310.00 to $295.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. Finally, Morgan Stanley lowered their price objective on Domino’s Pizza from $305.00 to $287.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $287.54.

Shares of DPZ traded up $5.52 during midday trading on Monday, hitting $249.09. 738,337 shares of the company traded hands, compared to its average volume of 841,350. Domino’s Pizza has a one year low of $220.90 and a one year high of $302.05. The firm has a market cap of $10.09 billion, a P/E ratio of 29.58, a PEG ratio of 1.72 and a beta of 0.48. The stock has a 50-day moving average of $239.69 and a 200-day moving average of $260.36.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, July 16th. The restaurant operator reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.19. The company had revenue of $811.65 million during the quarter, compared to analyst estimates of $834.87 million. Domino’s Pizza had a net margin of 10.83% and a negative return on equity of 12.81%. Domino’s Pizza’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business earned $1.84 earnings per share. On average, equities research analysts predict that Domino’s Pizza will post 9.43 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. Doyle Wealth Management bought a new position in shares of Domino’s Pizza during the 2nd quarter valued at about $30,000. NEXT Financial Group Inc boosted its stake in Domino’s Pizza by 85.7% in the second quarter. NEXT Financial Group Inc now owns 130 shares of the restaurant operator’s stock worth $36,000 after buying an additional 60 shares in the last quarter. Cornerstone Advisors Inc. boosted its stake in Domino’s Pizza by 36.2% in the second quarter. Cornerstone Advisors Inc. now owns 207 shares of the restaurant operator’s stock worth $58,000 after buying an additional 55 shares in the last quarter. Institutional & Family Asset Management LLC bought a new position in Domino’s Pizza during the first quarter valued at approximately $58,000. Finally, Advisory Services Network LLC grew its position in Domino’s Pizza by 791.4% during the second quarter. Advisory Services Network LLC now owns 312 shares of the restaurant operator’s stock valued at $87,000 after acquiring an additional 277 shares during the last quarter. 95.96% 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 delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Analyst Recommendations for Domino`s Pizza (NYSE:DPZ)

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