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Sunday, December 3, 2023

Analyst Expects Dominos Pizza Inc (NYSE: DPZ) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Dominos Pizza Inc (DPZ) shows that investor sentiment remained same, with the stock’s consolidated last price to $368.25. The Dominos Pizza Inc has recorded 13,409 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Domino’s® is Giving Away $1 Million Worth of Free Pizzas to Customers with Resuming Student Loan Payments.

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Stocks Info

As a NYSE listed company, DPZ falls under the Consumer Cyclical sector while operating within the Restaurants industry segment. At the end of the last regular session, the stock closed at $368.25 and fluctuated between $370.37 as its day high and $361.82 as its day low. The current market capitalization of Dominos Pizza Inc is $12.84B. A total of 0.55 million shares were traded on the day, compared to an average of 564.11K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DPZ has seen 1 BUY and 9 SELL insider trades, representing the acquisition of 69 and the disposition of 12,745 shares. Over the last 12 months, there were 24 BUYs and 61 SELLs from insiders. Insiders purchased 34,570 shares during that period but sold 20,255.

In the most recent transaction, PRICE LISA V sold 4,940 shares of DPZ for 350.00 per share on Nov 02. After the transaction, the EVP, Chief Human Resources Ofc now owns 4,028 company shares. In a previous transaction on Nov 02, BALLARD ANDY sold 428 shares at 350.14 per share. DPZ shares that Director owns now total 2,307.

Among the insiders who sold shares, HEADEN CYNTHIA A disposed of 11 shares on Aug 22 at a per-share price of $379.87. This resulted in the EVP, Chief Supply Chain Offr holding 4,192 shares of DPZ after the transaction. In another insider transaction, BALSON ANDREW sold 5,063 shares at $397.02 per share on Aug 08. Company shares held by the Director now total 29,234.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Dominos Pizza Inc pays an annual dividend of $4.86, resulting in a dividend yield of 1.32%, and it has a price to earnings (P/E) ratio of 25.18. DPZ’s most recent ex-dividend date was 12/14/2023 when it declared a $1.21 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/14/2023. The DPZ stock dividend was $1.21 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DPZ in the last 3 months, the mean price target is $410.10 with high estimates of $483.00 and low estimates of $330.00. In terms of 52-week highs and lows, DPZ has a high of $409.95 and a low of $285.84.

As of this writing, DPZ has an earnings estimate of $Duff & Phelps Global Utility In per share for the current quarter. EPS was calculated based on a consensus of Domino’s Pizza Inc estimates, with a high estimate of $Tortoise Power and Energy Infra per share and a lower estimate of $Calamos Long/Short Equity & Dyn.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DPZ’s latest balance sheet shows that the firm has $148.16M in Cash & Short Term Investments as of fiscal 2021. There were $5.29B in debt and $590.74M in liabilities at the time. Its Book Value Per Share was -$118.74, while its Total Shareholder’s Equity was -$4.21B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DPZ is Buy with a score of 4.04.

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