Is There a Catalyst Out There For Domino's Pizza, Inc. (NYSE:DPZ)

Angelo Anderson
October 17, 2017

Finally, Vanguard Group Inc. boosted its position in Domino's Pizza by 8.5% in the 2nd quarter. The PE ratio of 38.38 helps investors explore how much they should pay for a stock based on its current earnings. Old Mutual Global Investors UK Ltd. now owns 532,689 shares of the restaurant operator's stock valued at $112,679,000 after purchasing an additional 464,468 shares in the last quarter. State Street Corp owned about 3.18% of Domino's Pizza worth $324,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC). KBC Group NV grew its position in shares of Domino's Pizza by 32.3% during the second quarter. Barclays's target gives a potential downside of -4.65 % from the company's previous stock close. Chicago Equity Partners LLC lifted its holdings in shares of Domino's Pizza by 572.2% during the second quarter. BlackRock Inc. now owns 5,344,824 shares of the restaurant operator's stock valued at $985,052,000 after acquiring an additional 5,125,632 shares during the last quarter. Numis Securities maintained Domino's Pizza Group PLC. Maxim Group downgraded the shares of DPZ in report on Tuesday, April 12 to "Hold" rating. Institutional investors and hedge funds own 94.32% of the company's stock. "(DPZ)" was first published by Week Herald and is owned by of Week Herald. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of U.S. and worldwide copyright legislation.

Domino's Pizza Inc (NYSE:DPZ).

Several equities research analysts recently weighed in on the company.

Domino's Pizza, Inc. (DPZ) recorded volume accumulation so there will probably be a surplus of buyers at $192.40.


On July 28 the company was upgraded to "Buy" from "Neutral" in a report from Longbow Research. Wells Fargo & Company reiterated a "market perform" rating and set a $212.00 price objective on shares of Domino's Pizza in a research report on Tuesday, July 18th. Credit Suisse Group started coverage on shares of Domino's Pizza in a report on Wednesday, October 4th. On October 13 Credit Suisse maintained a company rating of "Equal-Weight" and moved down the price target from $200.00 to $184.00. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. Domino's Pizza now has an average rating of "Hold" and an average price target of $205.18. Deutsche Savings Bank Ag stated it has 0.11% in Domino's Pizza, Inc. (NYSE:DPZ). State Treasurer State Of Michigan holds 19,800 shares or 0.03% of its portfolio.

The company is so far trading down since yesterday's close of 201.03. A stock with a beta more than 1 means high volatile and less than 1 means low volatile. Presently, the 200-day moving average is at 190.99 and the 50-day is 192.45. (NYSE:DPZ) is 27.972741. This ratio is calculated by dividing the market value of a company by cash from operating activities. (NYSE:DPZ) to report $1.23 EPS on October, 17.They anticipate $0.27 EPS change or 28.13% from last quarter's $0.96 EPS. The business had revenue of $643.60 million during the quarter, compared to analysts' expectations of $627.85 million. The company's revenue was up 13.6% compared to the same quarter a year ago. Dominos Pizza Inc. shares are now trading off about 0.1% on the day.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.84 annualized dividend and a dividend yield of 0.95%. Domino's Pizza's dividend payout ratio is now 35.11%.

Domino's Pizza Group plc is a United Kingdom pizza delivery company. This buyback authorization authorizes the restaurant operator to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued. As of late, investors have been taking notice of Domino's Pizza, Inc. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Firm operates through three divisions: domestic stores, worldwide franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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