Argus raised the price target for the Dominos Pizza Inc (NYSE:DPZ) stock from “a Hold” to “a Buy”. The rating was released on February 27, 2024, according to finviz. We previously noted in another research note published on February 27, 2024 by JP Morgan that downgraded the stock from an Overweight to a Neutral with a price target of $430 for DPZ stock. The research report from Gordon Haskett has upgraded the stock from Hold to Buy, with a price target set at $467. The stock was upgraded by Bernstein, who disclosed in a research note on January 09, 2024, from Underperform to Mkt Perform and set the price objective to $370. In their research brief published December 20, 2023, HSBC Securities analysts initiated the Dominos Pizza Inc stock to Buy with a price target of $466.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated 2.72% within the last five trades and 2.44% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 39.93% in the last 6 months and 18.34% was added to its value over the previous 3 months. DPZ stock is trading at a margin of 0.75%, 6.93% and 21.44% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, DPZ deals in the Consumer Cyclical domain. The stock is trading -2.69 percent below its 52-week high and 73.09 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 59.35. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Dominos Pizza Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 18.33 percent and the profit margin is 11.59 percent, and the company has reported a gross margin of 38.56 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $17.23 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Dominos Pizza Inc (NYSE:DPZ) is 33.73. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 27.78. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.85 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.66 percent of Dominos Pizza Inc shares are owned by insiders, and 95.65 percent are held by financial institutions. HEADEN CYNTHIA A, the EVP, Chief Supply Chain Offr at Dominos Pizza Inc (DPZ) has sold 108 shares of firm on Apr 02 ’24 at a price of $495.08 against the total amount of $53469.0. In another inside trade, HEADEN CYNTHIA A, EVP, Chief Supply Chain Offr of Dominos Pizza Inc (NYSE:DPZ) sold 768 shares of the firm on Mar 13 ’24 for a total worth of $0.35 million at a price of $451.52. An inside trade which took place on Mar 13 ’24, EVP, Gen’l Counsel, Secretary of Dominos Pizza Inc MORRIS KEVIN SCOTT sold 517 shares of firm against total price of $0.23 million at the cost of $453.39 per share.
