Domino’s Pizza (NYSE:DPZ) PT Raised to $480.00 at Jefferies Financial Group

Domino’s Pizza (NYSE:DPZ) had its price objective hoisted by equities researchers at Jefferies Financial Group from $455.00 to $480.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “hold” rating on the restaurant operator’s stock. Jefferies Financial Group’s price objective suggests a potential downside of 0.44% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Oppenheimer reiterated an “outperform” rating and issued a $470.00 target price on shares of Domino’s Pizza in a research note on Thursday, February 22nd. Argus raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 target price on the stock in a research report on Tuesday, February 27th. Gordon Haskett raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price target for the company in a research report on Tuesday, January 16th. HSBC started coverage on Domino’s Pizza in a research note on Wednesday, December 20th. They set a “buy” rating and a $466.00 price target on the stock. Finally, Wedbush restated an “outperform” rating and issued a $520.00 price objective on shares of Domino’s Pizza in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $460.90.

Domino’s Pizza Trading Down 0.9 %

Shares of DPZ opened at $482.14 on Tuesday. The firm has a market cap of $16.79 billion, a PE ratio of 32.87, a P/E/G ratio of 2.46 and a beta of 0.86. Domino’s Pizza has a 12 month low of $285.84 and a 12 month high of $508.44. The stock has a fifty day moving average price of $458.76 and a 200-day moving average price of $412.99.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.38 by $0.10. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.43 EPS. As a group, research analysts forecast that Domino’s Pizza will post 15.76 EPS for the current year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Domino’s Pizza

Hedge funds have recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Domino’s Pizza in the fourth quarter worth approximately $25,000. Creative Financial Designs Inc. ADV raised 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 purchasing an additional 46 shares during the last quarter. KB Financial Partners LLC purchased a new position in Domino’s Pizza in the 1st quarter valued at $32,000. Harvest Fund Management Co. Ltd acquired a new stake in Domino’s Pizza during the 3rd quarter worth $39,000. Finally, Quadrant Capital Group LLC grew its holdings in shares of Domino’s Pizza by 41.8% during the fourth 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. Institutional investors and hedge funds own 94.63% of the company’s stock.

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.