Domino’s Pizza (NASDAQ:DPZ) Stock Rating Lowered by Gordon Haskett

Domino’s Pizza (NASDAQ:DPZ) was downgraded by research analysts at Gordon Haskett from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday, Zacks reports.

DPZ has been the topic of several other reports. Morgan Stanley decreased their price target on shares of Domino’s Pizza from $357.00 to $345.00 and set an “equal weight” rating on the stock in a research note on Wednesday. KeyCorp restated a “sector weight” rating on shares of Domino’s Pizza in a research report on Wednesday. TD Cowen restated a “hold” rating and issued a $320.00 price objective on shares of Domino’s Pizza in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Domino’s Pizza in a report on Wednesday, August 26th. Finally, Robert W. Baird decreased their price objective on Domino’s Pizza from $325.00 to $320.00 and set a “neutral” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $380.87.

Domino’s Pizza Stock Down 0.1%

Shares of NASDAQ:DPZ opened at $295.89 on Wednesday. Domino’s Pizza has a 12 month low of $282.00 and a 12 month high of $442.35. The company’s 50-day moving average price is $322.65 and its two-hundred day moving average price is $327.05. The firm has a market cap of $9.79 billion, a P/E ratio of 16.30, a P/E/G ratio of 1.35 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.33 by $0.27. Domino’s Pizza had a net margin of 12.03% and a negative return on equity of 15.48%. The firm had revenue of $1.19 billion during the quarter. During the same quarter in the previous year, the business posted $4.08 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. As a group, equities analysts predict that Domino’s Pizza will post 18.98 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Domino’s Pizza news, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction on Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the sale, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,011,718.08. The trade was a 57.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.89% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Domino’s Pizza

Institutional investors have recently made changes to their positions in the stock. Soroban Capital Partners LP acquired a new position in Domino’s Pizza in the first quarter valued at about $895,251,000. BlackRock Inc. bought a new position in Domino’s Pizza during the second quarter worth about $715,704,000. Van ECK Associates Corp grew its position in shares of Domino’s Pizza by 937,192.2% during the 2nd quarter. Van ECK Associates Corp now owns 478,019 shares of the restaurant operator’s stock worth $141,513,000 after buying an additional 477,968 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Domino’s Pizza by 247.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock worth $189,171,000 after buying an additional 375,709 shares during the period. Finally, Berkshire Hathaway Inc grew its position in shares of Domino’s Pizza by 12.3% during the 4th quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock worth $1,396,347,000 after buying an additional 368,055 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Domino’s Pizza

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Domino’s reported third-quarter earnings of $4.60 per share and revenue of $1.19 billion, exceeding consensus estimates of $4.33–$4.38 and approximately $1.17 billion. Earnings increased from $4.08 a year earlier. Domino’s Q3 revenue report
• Positive Sentiment: Supply-chain revenue, franchise royalties and continued share repurchases supported profitability, while management said more frequent customer visits are partly offsetting smaller orders. Domino’s Q3 earnings and supply-chain report
• Positive Sentiment: The company declared a quarterly dividend of $1.99 per share, equivalent to $7.96 annually and a stated yield of about 2.7%, providing income support for shareholders.
• Neutral Sentiment: Analyst opinion remains mixed. BTIG reaffirmed a Buy rating with a $425 target, while Bank of America retained Buy despite lowering its target to $410. Morgan Stanley, RBC, Baird and Citigroup maintained neutral or market-perform views, with targets ranging from $308 to $345.
• Negative Sentiment: U.S. same-store sales rose only 0.3%, and management indicated pressure on items per order. Slower international sales, narrower store margins, stronger competition and cautious consumer spending are weighing on demand. Domino’s forecasts muted same-store sales
• Negative Sentiment: Several analysts cut price targets following the results, including Citigroup, Morgan Stanley, RBC, Baird and Bank of America. The revisions suggest that the earnings beat is viewed as less sustainable while the consumer environment remains challenging.

About Domino’s Pizza

Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.

Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.

Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.