Domino’s Pizza Inc (NASDAQ:DPZ – Get Free Report) EVP Kelly Garcia sold 12,430 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Domino’s Pizza Stock Up 2.7%
DPZ opened at $360.00 on Thursday. The business’s fifty day simple moving average is $313.14 and its 200 day simple moving average is $353.91. Domino’s Pizza Inc has a 52 week low of $282.00 and a 52 week high of $477.00. The stock has a market cap of $11.91 billion, a PE ratio of 20.42, a P/E/G ratio of 1.69 and a beta of 0.97.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion for the quarter. During the same quarter in the previous year, the business earned $3.81 EPS. The company’s revenue was up 4.3% on a year-over-year basis. As a group, equities analysts anticipate that Domino’s Pizza Inc will post 18.9 earnings per share for the current year.
Domino’s Pizza Dividend Announcement
Institutional Investors Weigh In On Domino’s Pizza
Large investors have recently made changes to their positions in the company. Huntleigh Advisors Inc. grew its position in Domino’s Pizza by 5.0% during the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 25 shares during the period. Andina Capital Management LLC lifted its holdings in Domino’s Pizza by 3.1% during the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock valued at $457,000 after purchasing an additional 33 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in Domino’s Pizza by 5.1% during the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after purchasing an additional 33 shares in the last quarter. Novem Group boosted its position in shares of Domino’s Pizza by 5.1% in the fourth quarter. Novem Group now owns 703 shares of the restaurant operator’s stock worth $293,000 after purchasing an additional 34 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Domino’s Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after buying an additional 34 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on DPZ shares. Rothschild & Co Redburn lowered their price objective on Domino’s Pizza from $340.00 to $290.00 in a research report on Monday, May 11th. Northcoast Research cut their target price on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. UBS Group reiterated a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Wells Fargo & Company raised their price objective on Domino’s Pizza from $325.00 to $350.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, DA Davidson dropped their price target on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $402.16.
Check Out Our Latest Report on DPZ
About Domino’s Pizza
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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