Today Bank of America Reiterates a “Buy” Rating on Domino’s Pizza (NYSE:DPZ) and a $305 Target Price

June 14, 2018 - By Jeanette Kaplan

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

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.02, from 0.91 in 2017Q4. It dived, as 35 investors sold Domino's Pizza, Inc. shares while 137 reduced holdings. 67 funds opened positions while 86 raised stakes. 38.98 million shares or 8.52% less from 42.61 million shares in 2017Q4 were reported.

Asset Mgmt reported 0.05% in Domino's Pizza, Inc. (NYSE:DPZ). Geode Capital Ltd Liability Corp holds 0.03% or 365,583 shares in its portfolio. Goldman Sachs Group has 0.05% invested in Domino's Pizza, Inc. (NYSE:DPZ) for 875,632 shares. Pictet Asset Mngmt Ltd holds 0.01% or 17,379 shares in its portfolio. Swiss National Bank reported 140,300 shares. Martingale Asset Mngmt Ltd Partnership holds 4,133 shares or 0.01% of its portfolio. State Of Wisconsin Invest Board holds 23,076 shares. Regentatlantic Limited Liability Company holds 7,269 shares or 0.14% of its portfolio. Vigilant Capital Llc reported 16 shares stake. Mcf Limited stated it has 886 shares. 34,219 are held by Comerica Bank. Jane Street Gru Limited Co has invested 0.03% in Domino's Pizza, Inc. (NYSE:DPZ). Renaissance Tech Ltd Liability Co invested in 0.9% or 3.53 million shares. New York State Teachers Retirement reported 63,580 shares. Td Asset reported 1,636 shares.

Since December 15, 2017, it had 0 insider buys, and 3 selling transactions for $21.27 million activity. 3,000 shares were sold by Trojan Greg, worth $683,346 on Wednesday, March 14. DOYLE J PATRICK sold 20,842 shares worth $5.51M.

Domino’s Pizza (NYSE:DPZ) Rating Reaffirmed

In a research report issued to clients this morning, Bank of America restate their “Buy” rating on Domino’s Pizza (NYSE:DPZ) shares. The target suggests a possible upside of 11.46 % from firm’s last stock price.

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

Among 17 analysts covering Domino’s Pizza (NYSE:DPZ), 10 have Buy rating, 0 Sell and 7 Hold. Therefore 59% are positive. Domino’s Pizza has $29000 highest and $200.0 lowest target. $245.44’s average target is -10.31% below currents $273.65 stock price. Domino’s Pizza had 29 analyst reports since December 18, 2017 according to SRatingsIntel. Guggenheim maintained it with “Buy” rating and $250.0 target in Wednesday, March 14 report. On Wednesday, April 4 the stock rating was downgraded by Deutsche Bank to “Hold”. The stock of Domino's Pizza, Inc. (NYSE:DPZ) earned “Neutral” rating by Citigroup on Monday, February 26. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, January 16. As per Thursday, April 26, the company rating was maintained by BTIG Research. Credit Suisse maintained the stock with “Buy” rating in Wednesday, February 21 report. The firm has “Outperform” rating by Credit Suisse given on Thursday, January 4. Oppenheimer maintained the shares of DPZ in report on Tuesday, February 20 with “Buy” rating. The stock of Domino's Pizza, Inc. (NYSE:DPZ) has “Hold” rating given on Thursday, January 11 by Barclays Capital. The rating was maintained by Morgan Stanley on Monday, March 26 with “Equal-Weight”.

The stock increased 0.23% or $0.62 during the last trading session, reaching $273.65. About 538,973 shares traded. Domino's Pizza, Inc. (NYSE:DPZ) has risen 20.33% since June 15, 2017 and is uptrending. It has outperformed by 7.76% the S&P500.

Analysts await Domino's Pizza, Inc. (NYSE:DPZ) to report earnings on July, 24. They expect $1.72 EPS, up 30.30 % or $0.40 from last year’s $1.32 per share. DPZ’s profit will be $72.72M for 39.77 P/E if the $1.72 EPS becomes a reality. After $2.00 actual EPS reported by Domino's Pizza, Inc. for the previous quarter, Wall Street now forecasts -14.00 % negative EPS growth.

DominoÂ’s Pizza, Inc., through its subsidiaries, operates as a pizza delivery firm in the United States and internationally. The company has market cap of $11.57 billion. It operates through three divisions: Domestic Stores, Supply Chain, and International Franchise. It has a 46.94 P/E ratio. The firm offers pizzas under the DominoÂ’s Pizza brand name through company-owned and franchised DominoÂ’s Pizza stores.

More important recent Domino's Pizza, Inc. (NYSE:DPZ) news were published by: Benzinga.com which released: “After 44% Run, Domino’s Pizza Hit With A Downgrade On Valuation” on June 08, 2018, also Benzinga.com published article titled: “10 Biggest Price Target Changes For Thursday”, Fool.com published: “Why Ford Wants to Build a Self-Driving Delivery Van” on June 11, 2018. More interesting news about Domino's Pizza, Inc. (NYSE:DPZ) was released by: Benzinga.com and their article: “Domino’s Dabbles In Infrastructure With ‘Paving For Pizza’ Campaign” with publication date: June 11, 2018.

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

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