Oppenheimer has recently reiterated Domino’s Pizza Inc (DPZ) stock to Outperform rating, as announced on September 6, 2024, according to Finviz. Earlier, on July 8, 2024, Robert W. Baird had raised the stock from a Neutral to Outperform, setting a price target of $580 for DPZ stock. Goldman also initiated Buy rating with a price target of $612. Additionally, Argus raised Buy rating on February 27, 2024, with a target price of $530. JP Morgan analysts, in their report published on February 27, 2024, also reduced Neutral rating and set a price target of $420 for Domino’s Pizza Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Domino’s Pizza Inc (DPZ) Stock Trading Recap
On Friday, Domino’s Pizza Inc (DPZ) stock saw a modest uptick, ending the day at $425.31 which represents a slight increase of $4.42 or 1.05% from the prior close of $420.89. The stock opened at $423.15 and touched a low of $417.79 during the day, reaching a high of $425.51. The volume of shares traded was 0.57 million falling short of the average volume of 0.72 million.
DPZ Stock Performance and Moving Averages
In recent trading, Domino’s Pizza Inc (DPZ) stock price has shown some volatility, fluctuating -0.87% over the last five trades and 3.67% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -13.77%, and it has plunged by -14.99% in the previous three months. Currently, DPZ is trading at 1.78%, 0.53%, and -6.89% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, DPZ, a Consumer Cyclical sector stock, is trading -21.64% below its 52-week high but remains 28.86% above its 52-week low. The Average True Range (ATR) (14 days) of 9.75 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Domino’s Pizza Inc’s Profitability and Valuation Ratios
Domino’s Pizza Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 18.53% and a profit margin of 12.42%, with a gross margin of -13.77%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Domino’s Pizza Inc’s market capitalization stands at $14.88 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 26.15, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 23.99. Additionally, the Price-to-Sales Ratio is 3.23, reflecting the market’s valuation of the company’s sales.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.57% of Domino’s Pizza Inc (DPZ)’s shares, while financial institutions hold 98.79%.
Notable insider trades include GARCIA KELLY E, EVP, Chief Technology Officer at Domino’s Pizza Inc (DPZ), who sold 2200 shares on Jun 03 ’24, at $523 each, totaling $1.15 million. On May 01 ’24, PARRISH JESSICA L, VP, Chief Accounting Officer, sold 400 shares for $524.18 each, amounting to $0.21 million. Additionally, on May 01 ’24, GARRIDO FRANK sold 470 shares at $521.45 each, generating $0.25 million.