Domino's Pizza, Inc. (DPZ) Just Reaches 52-Week High?

April 19, 2018 - By Michael Collier

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

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.24, from 1.15 in 2017Q3. It turned negative, 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.
Fjarde Ap, Alabama-based fund reported 17,008 shares. Moreover, Oppenheimer And Incorporated has 0.01% invested in Domino's Pizza, Inc. (NYSE:DPZ). Jpmorgan Chase reported 121,300 shares. Dock Street Asset Management holds 44,442 shares. Daiwa Secs Gp invested 0% of its portfolio in Domino's Pizza, Inc. (NYSE:DPZ). 71,394 were reported by Stephens Inv Mngmt Group Inc Ltd. Andra Ap reported 15,300 shares. Gsa Prtn Llp invested in 0.05% or 4,643 shares. Schwab Charles Management Incorporated reported 187,951 shares or 0.03% of all its holdings. Invesco holds 0.03% or 476,950 shares in its portfolio. Vanguard Grp Inc holds 0.03% or 4.04 million shares in its portfolio. Los Angeles Capital Mngmt & Equity Research Inc accumulated 104,851 shares. Mirador Capital Partners L P reported 1,727 shares or 0.18% of all its holdings. 12,298 are held by Oppenheimer Asset Mgmt Inc. Millennium Mngmt Limited Liability Com holds 0.01% in Domino's Pizza, Inc. (NYSE:DPZ) or 36,108 shares.

Since October 17, 2017, it had 0 insider purchases, and 2 selling transactions for $3.83 million activity. $1.42 million worth of Domino's Pizza, Inc. (NYSE:DPZ) was sold by WEINER RUSSELL J on Tuesday, October 17. LAWRENCE JEFFREY D also sold $3.14 million worth of Domino's Pizza, Inc. (NYSE:DPZ) shares.

The stock of Domino's Pizza, Inc. (NYSE:DPZ) hit a new 52-week high and has $250.16 target or 5.00 % above today’s $238.25 share price. The 6 months bullish chart indicates low risk for the $10.27 billion company. The 1-year high was reported on Apr, 19 by Barchart.com. If the $250.16 price target is reached, the company will be worth $513.25 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.03% or $0.06 during the last trading session, reaching $238.25. About 73,279 shares traded. Domino's Pizza, Inc. (NYSE:DPZ) has risen 25.89% since April 19, 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 before the open. They expect $1.77 earnings per share, up 40.48 % or $0.51 from last year’s $1.26 per share. DPZ’s profit will be $76.26M for 33.65 P/E if the $1.77 EPS becomes a reality. After $1.94 actual earnings per share reported by Domino's Pizza, Inc. for the previous quarter, Wall Street now forecasts -8.76 % 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. Barclays Capital maintained Domino's Pizza, Inc. (NYSE:DPZ) on Thursday, January 11 with “Hold” rating. Maxim Group upgraded Domino's Pizza, Inc. (NYSE:DPZ) on Thursday, November 2 to “Buy” rating. Oppenheimer maintained the shares of DPZ in report on Tuesday, February 20 with “Buy” rating. Mizuho initiated the stock with “Buy” rating in Wednesday, January 24 report. The firm earned “Equal-Weight” rating on Monday, March 26 by Morgan Stanley. The firm has “Buy” rating by Nomura given on Wednesday, November 29. The rating was maintained by Maxim Group on Friday, December 22 with “Buy”. Oppenheimer upgraded the stock to “Buy” rating in Thursday, January 4 report. The stock has “Buy” rating by Oppenheimer on Wednesday, February 14. The rating was maintained by Guggenheim on Wednesday, March 14 with “Buy”.

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 $10.27 billion. It operates through three divisions: Domestic Stores, Supply Chain, and International Franchise. It has a 40.87 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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