Domino’s Pizza, Inc. (NYSE:DPZ – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,710,000 shares, a growth of 50.0% from the May 31st total of 1,140,000 shares. Currently, 4.9% of the shares of the stock are sold short. Based on an average trading volume of 545,900 shares, the days-to-cover ratio is presently 3.1 days.
Analyst Ratings Changes
DPZ has been the topic of a number of recent research reports. Citigroup upped their target price on shares of Domino’s Pizza from $505.00 to $530.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. TD Cowen raised their price objective on Domino’s Pizza from $580.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, June 13th. TD Securities reissued a “buy” rating and issued a $580.00 target price on shares of Domino’s Pizza in a research note on Thursday, May 16th. Royal Bank of Canada reiterated an “outperform” rating and issued a $575.00 price target on shares of Domino’s Pizza in a research note on Thursday, June 20th. Finally, Jefferies Financial Group raised their price target on shares of Domino’s Pizza from $455.00 to $480.00 and gave the company a “hold” rating in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $525.66.
Get Our Latest Stock Analysis on Domino’s Pizza
Insider Activity
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Turtle Creek Wealth Advisors LLC acquired a new position in Domino’s Pizza during the fourth quarter worth $25,000. Creative Financial Designs Inc. ADV lifted its stake in Domino’s Pizza by 127.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 46 shares in the last quarter. Crewe Advisors LLC acquired a new stake in Domino’s Pizza in the 1st quarter worth about $36,000. Quadrant Capital Group LLC increased its stake in Domino’s Pizza by 41.8% during the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after buying an additional 33 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of Domino’s Pizza during the third quarter valued at approximately $49,000. 94.63% of the stock is owned by institutional investors and hedge funds.
Domino’s Pizza Price Performance
Domino’s Pizza stock traded down $5.37 during mid-day trading on Monday, reaching $510.96. 10,577 shares of the company traded hands, compared to its average volume of 539,035. The firm’s fifty day moving average is $515.22 and its two-hundred day moving average is $466.62. The company has a market capitalization of $17.82 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 2.55 and a beta of 0.87. Domino’s Pizza has a fifty-two week low of $328.03 and a fifty-two week high of $542.75.
Domino’s Pizza (NYSE:DPZ – Get Free Report) last released its earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, topping analysts’ consensus estimates of $3.46 by $0.12. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $2.93 earnings per share. The company’s revenue was up 5.9% compared to the same quarter last year. As a group, equities research analysts predict that Domino’s Pizza will post 16 earnings per share for the current year.
Domino’s Pizza Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $1.51 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.18%. Domino’s Pizza’s payout ratio is 39.43%.
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.
Featured Stories
- Five stocks we like better than Domino’s Pizza
- What is a Secondary Public Offering? What Investors Need to Know
- Applied Digital Boosts Stock with Cutting-Edge AI Data Centers
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Chewy Stock Surges on Roaring Kitty’s Disclosure of Major Stake
- What is Put Option Volume?
- How to Invest in Gold: A Complete Guide
Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.