Domino’s Pizza (NYSE:DPZ) PT Raised to $530.00 at Citigroup

Domino’s Pizza (NYSE:DPZ) had its price objective increased by Citigroup from $505.00 to $530.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s price target indicates a potential upside of 2.63% from the stock’s previous close.

DPZ has been the topic of a number of other research reports. Stifel Nicolaus upped their target price on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. UBS Group boosted their price target on shares of Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Gordon Haskett upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price target on the stock in a research note on Tuesday, January 16th. Evercore ISI boosted their price target on shares of Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. Finally, Jefferies Financial Group boosted their price target on shares of Domino’s Pizza from $455.00 to $480.00 and gave the stock a “hold” rating in a research note on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $516.19.

Domino’s Pizza Price Performance

NYSE DPZ opened at $516.42 on Tuesday. The firm’s 50-day moving average is $471.46 and its two-hundred day moving average is $422.01. Domino’s Pizza has a 12 month low of $285.84 and a 12 month high of $542.75. The stock has a market capitalization of $17.99 billion, a P/E ratio of 33.71, a PEG ratio of 2.75 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, beating analysts’ consensus estimates of $3.46 by $0.12. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the company posted $2.93 earnings per share. Domino’s Pizza’s revenue for the quarter was up 5.9% compared to the same quarter last year. As a group, analysts anticipate that Domino’s Pizza will post 15.73 EPS for the current year.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the sale, the executive vice president now directly owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The disclosure for this sale can be found here. Insiders have sold 13,401 shares of company stock worth $6,995,948 over the last three months. Insiders own 0.81% of the company’s stock.

Institutional Investors Weigh In On Domino’s Pizza

Several large investors have recently modified their holdings of the company. Capital Investment Advisors LLC boosted its holdings in shares of Domino’s Pizza by 1.1% in the fourth quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock valued at $917,000 after acquiring an additional 25 shares during the period. Wealthsource Partners LLC boosted its holdings in shares of Domino’s Pizza by 2.0% in the fourth quarter. Wealthsource Partners LLC now owns 1,284 shares of the restaurant operator’s stock valued at $529,000 after acquiring an additional 25 shares during the period. Summit Trail Advisors LLC boosted its holdings in shares of Domino’s Pizza by 4.8% in the first quarter. Summit Trail Advisors LLC now owns 541 shares of the restaurant operator’s stock valued at $269,000 after acquiring an additional 25 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Domino’s Pizza by 2.9% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 934 shares of the restaurant operator’s stock valued at $385,000 after acquiring an additional 26 shares during the period. Finally, Czech National Bank boosted its holdings in shares of Domino’s Pizza by 0.4% in the first quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock valued at $3,049,000 after acquiring an additional 27 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

About Domino’s Pizza

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.