Domino’s Pizza (NASDAQ:DPZ) Receives “Outperform” Rating from Wedbush

Wedbush reissued their outperform rating on shares of Domino’s Pizza (NASDAQ:DPZ) in a report released on Tuesday morning,Benzinga reports. Wedbush currently has a $500.00 target price on the restaurant operator’s stock. Wedbush also issued estimates for Domino’s Pizza’s Q4 2024 earnings at $4.91 EPS, FY2024 earnings at $16.71 EPS, Q1 2025 earnings at $4.13 EPS, Q1 2025 earnings at $4.02 EPS, Q2 2025 earnings at $3.78 EPS, Q2 2025 earnings at $4.00 EPS, Q3 2025 earnings at $3.99 EPS, Q3 2025 earnings at $4.06 EPS, Q4 2025 earnings at $5.73 EPS, Q4 2025 earnings at $5.54 EPS, FY2025 earnings at $17.56 EPS, FY2025 earnings at $17.65 EPS, Q1 2026 earnings at $4.44 EPS, Q2 2026 earnings at $4.20 EPS, Q3 2026 earnings at $4.43 EPS, Q4 2026 earnings at $6.26 EPS and FY2026 earnings at $19.30 EPS.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 target price on shares of Domino’s Pizza in a report on Thursday, February 20th. Morgan Stanley dropped their price objective on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. TD Securities reiterated a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a report on Monday. Robert W. Baird lowered their price target on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, TD Cowen reiterated a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Monday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Stock Up 0.7 %

DPZ stock opened at $482.28 on Tuesday. Domino’s Pizza has a twelve month low of $396.06 and a twelve month high of $542.75. The company has a market cap of $16.65 billion, a P/E ratio of 29.62, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The business’s fifty day moving average is $443.65 and its 200-day moving average is $435.98.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing the consensus estimate of $4.93 by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $4.48 EPS. Research analysts anticipate that Domino’s Pizza will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $1.74 dividend. The ex-dividend date is Friday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.44%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 37.10%.

Institutional Trading of Domino’s Pizza

Several institutional investors and hedge funds have recently added to or reduced their stakes in DPZ. Berkshire Hathaway Inc bought a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $549,399,000. Norges Bank acquired a new stake in Domino’s Pizza during the 4th quarter valued at $250,571,000. FMR LLC boosted its holdings in shares of Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after buying an additional 307,528 shares during the period. Champlain Investment Partners LLC bought a new stake in shares of Domino’s Pizza during the third quarter worth approximately $99,352,000. Finally, Invesco Ltd. grew its position in shares of Domino’s Pizza by 46.0% in the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator’s stock valued at $255,649,000 after purchasing an additional 191,752 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Company Profile

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.