Domino’s Pizza Inc. (NYSE:DPZ) has a beta value of 0.48 and has seen 0.37 million shares traded in the last trading session. The company, currently valued at $19.06B, closed the last trade at $514.50 per share which meant it lost -$2.79 on the day or -0.54% during that session. The DPZ stock price is -6.65% off its 52-week high price of $548.72 and 37.86% above the 52-week low of $319.71. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.3 million shares traded. The 3-month trading volume is 509.30K shares.
The consensus among analysts is that Domino’s Pizza Inc. (DPZ) is an Overweight stock at the moment, with a recommendation rating of 2.40. 0 analysts rate the stock as a Sell, while 2 rate it as Overweight. 16 out of 32 have rated it as a Hold, with 13 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $3.12.
Domino’s Pizza Inc. (NYSE:DPZ) trade information
Sporting -0.54% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the DPZ stock price touched $514.50 or saw a rise of 1.24%. Year-to-date, Domino’s Pizza Inc. shares have moved 34.17%, while the 5-day performance has seen it change 0.51%. Over the past 30 days, the shares of Domino’s Pizza Inc. (NYSE:DPZ) have changed -3.92%. Short interest in the company has seen 2.41 million shares shorted with days to cover at 3.28.
Wall Street analysts have a consensus price target for the stock at $543.12, which means that the shares’ value could jump 5.27% from current levels. The projected low price target is $450.00 while the price target rests at a high of $625.00. In that case, then, we find that the current price level is -21.48% off the targeted high while a plunge would see the stock lose 12.54% from current levels.
Domino’s Pizza Inc. (DPZ) estimates and forecasts
Figures show that Domino’s Pizza Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 54.27% over the past 6 months, with this year growth rate of 12.99%, compared to 33.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 25.30% and 16.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 8.50%.
21 analysts offering their estimates for the company have set an average revenue estimate of $1.03 billion for the current quarter. 21 have an estimated revenue figure of $1.41 billion for the next quarter concluding in Dec 2021. Year-ago sales stood $952.97 million and $1.36 billion respectively for this quarter and the next, and analysts expect sales will grow by 8.30% for the current quarter and 3.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 29.00% over the past 5 years. Earnings growth for 2021 is a modest 29.70% while over the next 5 years, the company’s earnings are expected to increase by 12.22%.
Domino’s Pizza Inc. is expected to release its next earnings report between October 06 and October 11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 3.76 at a share yield of 0.73%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.85%.
Domino’s Pizza Inc. (NYSE:DPZ)’s Major holders
Insiders own 0.70% of the company shares, while shares held by institutions stand at 101.20% with a share float percentage of 101.91%. Investors are also buoyed by the number of investors in a company, with Domino’s Pizza Inc. having a total of 863 institutions that hold shares in the company. The top two institutional holders are Capital World Investors with over 4.73 million shares worth more than $1.74 billion. As of Mar 30, 2021, Capital World Investors held 12.17% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 4.14 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $1.52 billion and represent 10.67% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fundamental Investors Inc and Vanguard Total Stock Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 3.00% shares in the company for having 1.16 million shares of worth $428.47 million while later fund manager owns 1.09 million shares of worth $402.52 million as of Mar 30, 2021, which makes it owner of about 2.82% of company’s outstanding stock.