Domino’s Pizza (NYSE:DPZ) Price Target Cut to $490.00 by Analysts at Oppenheimer

Domino’s Pizza (NYSE:DPZ – Free Report) had its price objective trimmed by Oppenheimer from $510.00 to $490.00 in a report issued on Friday, Marketbeat Ratings reports. The firm currently has an outperform rating on the restaurant operator’s stock. Other analysts have also issued reports about the stock. Robert W. Baird raised shares of Domino’s Pizza [...]

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Domino’s Pizza ( NYSE:DPZ – Free Report ) had its price objective trimmed by Oppenheimer from $510.00 to $490.00 in a report issued on Friday, Marketbeat Ratings reports.

The firm currently has an outperform rating on the restaurant operator’s stock. Other analysts have also issued reports about the stock. Robert W.



Baird raised shares of Domino’s Pizza from a neutral rating to an outperform rating and increased their price target for the stock from $530.00 to $580.00 in a research report on Monday, July 8th.

TD Securities restated a buy rating and set a $580.00 price target on shares of Domino’s Pizza in a report on Thursday, May 16th. The Goldman Sachs Group assumed coverage on shares of Domino’s Pizza in a research note on Thursday, June 13th.

They issued a buy rating and a $612.00 price target on the stock. Barclays reduced their price objective on Domino’s Pizza from $470.

00 to $380.00 and set an underweight rating for the company in a research report on Friday, July 19th. Finally, Baird R W upgraded Domino’s Pizza from a hold rating to a strong-buy rating in a research note on Monday, July 8th.

One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Domino’s Pizza currently has a consensus rating of Moderate Buy and a consensus price target of $514.

18. Get Our Latest Stock Report on Domino’s Pizza Domino’s Pizza Stock Down 0.4 % Domino’s Pizza ( NYSE:DPZ – Get Free Report ) last issued its quarterly earnings results on Thursday, July 18th.

The restaurant operator reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.

35. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.

10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.

42%. Domino’s Pizza’s revenue for the quarter was up 7.1% compared to the same quarter last year.

During the same quarter in the previous year, the company posted $3.08 earnings per share. Equities research analysts anticipate that Domino’s Pizza will post 16.

23 earnings per share for the current year. Domino’s Pizza Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $1.

51 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $6.

04 annualized dividend and a dividend yield of 1.48%. Domino’s Pizza’s dividend payout ratio is 39.

43%. Hedge Funds Weigh In On Domino’s Pizza Institutional investors and hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new position in shares of Domino’s Pizza during the 2nd quarter worth about $1,556,000.

Cetera Investment Advisers grew its position in Domino’s Pizza by 29.7% during the second quarter. Cetera Investment Advisers now owns 10,015 shares of the restaurant operator’s stock worth $5,171,000 after buying an additional 2,294 shares in the last quarter.

Granite Bay Wealth Management LLC bought a new position in Domino’s Pizza during the second quarter valued at about $6,423,000. Ted Buchan & Co acquired a new position in Domino’s Pizza in the 2nd quarter valued at approximately $207,000. Finally, Truist Financial Corp lifted its position in shares of Domino’s Pizza by 6.

4% in the 2nd quarter. Truist Financial Corp now owns 16,813 shares of the restaurant operator’s stock worth $8,681,000 after acquiring an additional 1,011 shares during the period. Institutional investors own 94.

63% of the company’s stock. Domino’s Pizza Company Profile ( Get Free Report ) 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.

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