Streetbeat News

DPZ

Domino's Pizza, Inc.

https://www.dominos.com

Industry

Restaurants

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores. It also provides oven-baked sandwiches, pasta, boneless chicken and chicken wings, bread and dips side items, desserts, and soft drink products. As of January 2, 2022, the company operated approximately 18,800 stores in 90 markets. Domino's Pizza, Inc. was founded in 1960 and is based in Ann Arbor, Michigan.

Open

452.95

Mkt cap

16B

Volume

23K

High

461.00

P/E Ratio

28.28

52-wk high

542.75

Low

452.95

Div yield

0.01

52-wk low

367.24

Shares of companies in the consumer discretionary sector are trading lower due to uncertainty about interest rate cuts, affecting stocks across the board.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:50 pm

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, including notable changes for Taiwan Semiconductor (TSM), Nuvei Corporation (NVEI), Lowe's Companies (LOW), The Southern Company (SO), FedEx Corporation (FDX), BCE Inc. (BCE), Domino's Pizza (DPZ), AutoZone (AZO), Shockwave Medical (SWAV), and BRP Inc. (DOOO). These adjustments reflect analysts' latest views on these stocks, with some experiencing upgrades in their price targets while others saw downgrades.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 12:38 pm

TD Cowen analyst Andrew Charles has maintained a Buy rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $525 to $550.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:23 pm

Papa John's CEO Rob Lynch is set to depart on April 30, surprising analysts given his role in the company's recovery. BMO Capital Markets analyst Andrew Strelzik lowered Papa John's (PZZA) price target from $90 to $80, citing leadership changes and competitive pressures. The departure raises questions about the company's future initiatives and performance. Despite near-term challenges, the long-term outlook remains positive, with the company seen as undervalued.

Portfolio Pulse from Shivani Kumaresan

March 22, 2024 | 6:27 pm

Domino's Pizza (NYSE:DPZ) has seen a 6.24% increase in its short percent of float since the last report, with 1.37 million shares sold short, representing 5.11% of available shares. This indicates a bearish market sentiment, although it's below the peer group average of 10.16%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:45 pm

Wall Street's most accurate analysts have made new stock picks with significant upside potential. Josh Siegler of Cantor Fitzgerald sees a 41% upside in Riot Platforms (RIOT), Keith Hughes of Truist Securities forecasts a 31% rise in Trex Company (TREX), Shrenik Kothari of Baird predicts a 1% increase in Okta (OKTA), Taz Koujalgi of Wedbush expects a 12% surge in Snowflake (SNOW), and Andrew Strelzik of BMO Capital anticipates over a 19% upside in Domino's Pizza (DPZ). These picks are based on recent financial results and market activities.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:16 pm

Jim Cramer emphasized the importance of looking beyond financial report numbers, using Home Depot, Lowe's, and TJX Companies as examples. He criticized the current reporting method for causing snap judgments and highlighted the need for investors to do their homework for better investment decisions. Cramer also mentioned the resilience of Domino's Pizza and the strong performances of Nvidia and Amazon, while expressing concerns about Alphabet's diverse ventures.

Portfolio Pulse from Benzinga Neuro

February 29, 2024 | 2:09 am

Domino's Pizza Inc (NYSE:DPZ) reported a profit beat, driven by its 'emergency pizza' offer, leading to a stock jump, a 25% dividend hike, and a $1 billion buyback announcement. Despite facing backlash in the Middle East and Asia, similar to McDonald's (NYSE:MCD), Yum Brands (NYSE:YUM), and Starbucks (NASDAQ:SBUX), due to geopolitical tensions, Domino's saw a revenue rise of 0.8% to $1.40 billion in Q4. Its partnership with Uber Eats (NYSE:UBER) contributed to new customer acquisition and is expected to boost sales through 2024.

Portfolio Pulse from Upwallstreet

February 28, 2024 | 5:49 pm

J.P Morgan analyst John Ivankoe downgraded Domino's Pizza Inc (DPZ) to Neutral from Overweight, despite raising the forecast to $430 from $420, citing the stock is now fully priced. Meanwhile, BMO Capital Markets analyst Andrew Strelzik reiterated an Outperform rating on Domino's, raising the price target to $535 from $475, highlighting January promotions, weather benefits, and contributions from Uber Eats. Domino's is seen as a beneficiary of food cost deflation and is expected to see restaurant margin improvements and unit growth acceleration in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 7:12 pm

UBS analyst Dennis Geiger has maintained a Buy rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $480 to $526.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:50 pm

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