Domino’s Pizza (NYSE:DPZ) had its target price upped by analysts at Robert W. Baird from $295.00 to $330.00 in a note issued to investors on Tuesday, The Fly reports. The firm presently has an “outperform” rating on the restaurant operator’s stock. Robert W. Baird’s target price indicates a potential upside of 18.75% from the stock’s current price.
A number of other equities research analysts also recently commented on the company. Wells Fargo & Co upped their price objective on Domino’s Pizza from $238.00 to $263.00 and gave the company a “market perform” rating in a report on Thursday, February 14th. They noted that the move was a valuation call. UBS Group set a $285.00 price objective on Domino’s Pizza and gave the company a “hold” rating in a report on Sunday, January 20th. Maxim Group reiterated a “buy” rating and issued a $310.00 price objective on shares of Domino’s Pizza in a report on Friday, January 18th. BTIG Research upped their price objective on Domino’s Pizza to $335.00 and gave the company a “buy” rating in a report on Friday, January 18th. Finally, Zacks Investment Research upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $276.00 price objective for the company in a report on Monday, January 14th. Eight investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Domino’s Pizza has a consensus rating of “Buy” and a consensus target price of $283.73.
Shares of DPZ stock traded down $1.34 on Tuesday, reaching $277.89. 1,909 shares of the stock were exchanged, compared to its average volume of 664,253. The company has a market cap of $11.72 billion, a P/E ratio of 52.01, a PEG ratio of 1.74 and a beta of 0.67. Domino’s Pizza has a one year low of $208.22 and a one year high of $305.34.
Several institutional investors have recently made changes to their positions in DPZ. FMR LLC increased its holdings in shares of Domino’s Pizza by 150.2% in the second quarter. FMR LLC now owns 1,184,342 shares of the restaurant operator’s stock worth $334,186,000 after acquiring an additional 711,035 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Domino’s Pizza by 34.5% in the second quarter. Advisors Asset Management Inc. now owns 9,810 shares of the restaurant operator’s stock worth $2,768,000 after acquiring an additional 2,518 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of Domino’s Pizza in the second quarter worth about $655,000. First Hawaiian Bank bought a new stake in shares of Domino’s Pizza in the third quarter worth about $142,000. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Domino’s Pizza by 75.0% in the third quarter. Nisa Investment Advisors LLC now owns 17,736 shares of the restaurant operator’s stock worth $5,229,000 after acquiring an additional 7,602 shares in the last quarter. Institutional investors own 91.35% of the company’s stock.
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 through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.
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