Wells Fargo analyst Zachary Fadem maintained a Hold rating on Domino’s Pizza (DPZ – Research Report) today and set a price target of $475.00. The company’s shares closed yesterday at $471.28.
Fadem covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Lowe’s, and O’Reilly Auto. According to TipRanks, Fadem has an average return of 14.0% and a 64.19% success rate on recommended stocks.
In addition to Wells Fargo, Domino’s Pizza also received a Hold from Jefferies’s Andy Barish in a report issued on April 16. However, on the same day, UBS maintained a Buy rating on Domino’s Pizza (NYSE: DPZ).
Based on Domino’s Pizza’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.4 billion and a net profit of $157.29 million. In comparison, last year the company earned a revenue of $1.07 billion and had a net profit of $102.49 million
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DPZ in relation to earlier this year. Last month, JOSEPH HUGH JORDAN, the President of DPZ sold 2,630.00 shares for a total of $1,173,137.80.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Domino’s Pizza (DPZ) Company Description:
Domino’s Pizza, Inc. is a pizza company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. It operates though the following three segments: U.S. Stores, International Franchise and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises of a network of franchised stores. The Supply Chain segment operates regional dough manufacturing and food supply chain centers. The company was founded by James Monaghan and Thomas Stephen Monaghan in 1960 and is headquartered in Ann Arbor, MI.
Read More on DPZ:
- Domino’s Pizza price target raised to $480 from $455 at Jefferies
- Brinker price target raised to $48 from $47 at Jefferies
- Domino’s Pizza price target raised to $570 from $526 at UBS
- Domino’s Pizza price target raised to $515 from $485 at Morgan Stanley
- Domino’s Pizza resumed with an Equal Weight at Stephens
