Domino’s Pizza (NYSE:DPZ)‘s stock had its “buy” rating reiterated by Mizuho in a research note issued on Friday. They currently have a $275.00 price target on the restaurant operator’s stock. Mizuho’s price target points to a potential upside of 10.70% from the company’s previous close.

DPZ has been the topic of several other reports. Oppenheimer upped their price objective on shares of Domino’s Pizza from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, February 14th. Nomura upped their price objective on shares of Domino’s Pizza to $230.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Credit Suisse Group upgraded shares of Domino’s Pizza from a “neutral” rating to an “outperform” rating and set a $205.00 price objective on the stock in a report on Thursday, January 4th. They noted that the move was a valuation call. Citigroup upped their price objective on shares of Domino’s Pizza from $217.00 to $232.00 and gave the company a “neutral” rating in a report on Monday, February 26th. Finally, Maxim Group upped their price objective on shares of Domino’s Pizza from $255.00 to $270.00 and gave the company a “buy” rating in a report on Thursday. Eleven research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Domino’s Pizza presently has an average rating of “Buy” and a consensus target price of $239.86.

NYSE:DPZ opened at $248.42 on Friday. Domino’s Pizza has a one year low of $166.74 and a one year high of $255.00. The firm has a market capitalization of $10,780.80, a price-to-earnings ratio of 46.52, a P/E/G ratio of 2.07 and a beta of 0.37. The company has a debt-to-equity ratio of -1.14, a quick ratio of 1.36 and a current ratio of 1.46.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, April 26th. The restaurant operator reported $2.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.77 by $0.23. Domino’s Pizza had a net margin of 10.32% and a negative return on equity of 12.39%. The firm had revenue of $785.40 million for the quarter, compared to the consensus estimate of $688.15 million. During the same period in the previous year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 25.8% on a year-over-year basis. analysts predict that Domino’s Pizza will post 7.98 earnings per share for the current fiscal year.

Domino’s Pizza announced that its board has authorized a stock buyback program on Tuesday, February 20th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the restaurant operator to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Synovus Financial Corp lifted its position in Domino’s Pizza by 23.8% during the fourth quarter. Synovus Financial Corp now owns 1,281 shares of the restaurant operator’s stock worth $241,000 after purchasing an additional 246 shares during the period. Whittier Trust Co. lifted its position in Domino’s Pizza by 1.6% during the fourth quarter. Whittier Trust Co. now owns 18,715 shares of the restaurant operator’s stock worth $3,536,000 after purchasing an additional 303 shares during the period. Tocqueville Asset Management L.P. lifted its position in Domino’s Pizza by 41.7% during the fourth quarter. Tocqueville Asset Management L.P. now owns 1,700 shares of the restaurant operator’s stock worth $321,000 after purchasing an additional 500 shares during the period. Teachers Advisors LLC lifted its position in Domino’s Pizza by 1.0% during the fourth quarter. Teachers Advisors LLC now owns 51,791 shares of the restaurant operator’s stock worth $9,786,000 after purchasing an additional 512 shares during the period. Finally, Xact Kapitalforvaltning AB lifted its position in Domino’s Pizza by 4.9% during the fourth quarter. Xact Kapitalforvaltning AB now owns 12,055 shares of the restaurant operator’s stock worth $2,278,000 after purchasing an additional 561 shares during the period.

About Domino’s Pizza

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.

Analyst Recommendations for Domino`s Pizza (NYSE:DPZ)

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