Is Buying All-time Stock Like Domino's Pizza, Inc. (DPZ) a Winning Strategy?

April 17, 2018 - By Alfred Lee

Domino's Pizza, Inc. (NYSE:DPZ) Logo

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.24, from 1.15 in 2017Q3. It fall, as 45 investors sold Domino's Pizza, Inc. shares while 123 reduced holdings. 62 funds opened positions while 91 raised stakes. 42.61 million shares or 0.37% less from 42.77 million shares in 2017Q3 were reported.
59,700 were accumulated by Eulav Asset Mgmt. 66,452 are held by State Board Of Administration Of Florida Retirement System. Oppenheimer Asset Inc holds 0.06% or 12,298 shares. Moreover, Timessquare Cap Mngmt has 0.34% invested in Domino's Pizza, Inc. (NYSE:DPZ) for 276,500 shares. Pictet Asset Mngmt reported 19,879 shares stake. The Pennsylvania-based Smithfield Tru Co has invested 0% in Domino's Pizza, Inc. (NYSE:DPZ). 71,490 were accumulated by California State Teachers Retirement Sys. Vanguard invested 0.03% in Domino's Pizza, Inc. (NYSE:DPZ). Blackrock Incorporated has 0.05% invested in Domino's Pizza, Inc. (NYSE:DPZ). Kames Cap Public Limited accumulated 6,836 shares or 0.03% of the stock. Bluestein R H And stated it has 0.01% in Domino's Pizza, Inc. (NYSE:DPZ). International Gru invested in 0.06% or 90,609 shares. Mason Street Advsr Ltd Llc invested in 21,546 shares or 0.09% of the stock. The Georgia-based Vident Invest Advisory Ltd Co has invested 0.03% in Domino's Pizza, Inc. (NYSE:DPZ). Cetera Advisors Limited Liability Company reported 1,218 shares.

Since October 17, 2017, it had 0 buys, and 2 insider sales for $3.83 million activity. $683,346 worth of Domino's Pizza, Inc. (NYSE:DPZ) was sold by Trojan Greg. On Tuesday, October 17 the insider WEINER RUSSELL J sold $1.42M.

The stock of Domino's Pizza, Inc. (NYSE:DPZ) reached all time high today, Apr, 17 and still has $246.76 target or 4.00 % above today’s $237.27 share price. This indicates more upside for the $10.22 billion company. This technical setup was reported by Barchart.com. If the $246.76 PT is reached, the company will be worth $408.92 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.12% or $4.92 during the last trading session, reaching $237.27. About 173,543 shares traded. Domino's Pizza, Inc. (NYSE:DPZ) has risen 25.89% since April 17, 2017 and is uptrending. It has outperformed by 14.34% the S&P500.

Analysts await Domino's Pizza, Inc. (NYSE:DPZ) to report earnings on April, 26. They expect $1.76 EPS, up 39.68 % or $0.50 from last year’s $1.26 per share. DPZ’s profit will be $75.83 million for 33.70 P/E if the $1.76 EPS becomes a reality. After $1.94 actual EPS reported by Domino's Pizza, Inc. for the previous quarter, Wall Street now forecasts -9.28 % negative EPS growth.

Domino's Pizza, Inc. (NYSE:DPZ) Ratings Coverage

Among 17 analysts covering Domino’s Pizza (NYSE:DPZ), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Domino’s Pizza had 25 analyst reports since November 2, 2017 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Wednesday, February 21 report. The stock has “Buy” rating by Maxim Group on Friday, December 22. Deutsche Bank initiated Domino's Pizza, Inc. (NYSE:DPZ) on Monday, December 18 with “Buy” rating. Credit Suisse upgraded the stock to “Outperform” rating in Thursday, January 4 report. The stock has “Hold” rating by Barclays Capital on Thursday, January 11. As per Monday, February 26, the company rating was maintained by Citigroup. As per Wednesday, March 14, the company rating was maintained by Guggenheim. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, January 16. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, December 12 report. The firm has “Buy” rating by Mizuho given on Wednesday, January 24.

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery firm in the United States and internationally. The company has market cap of $10.22 billion. It operates through three divisions: Domestic Stores, Supply Chain, and International Franchise. It has a 40.7 P/E ratio. The firm offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.

Domino's Pizza, Inc. (NYSE:DPZ) Institutional Positions Chart

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