Dominos Pizza Inc (NYSE: DPZ) has a price-to-earnings ratio that is above its average at 33.73x. The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 5 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for DPZ is 34.60M, and at present, short sellers hold a 3.80% of that float. On April 26, 2024, the average trading volume of DPZ was 577.57K shares.
DPZ) stock’s latest price update
The stock price of Dominos Pizza Inc (NYSE: DPZ) has surged by 1.45 when compared to previous closing price of 487.71, but the company has seen a 2.72% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Domino’s (DPZ) first-quarter 2024 results are likely to be aided by robust same-store sales growth, unit expansion and the introduction of new menu items.
DPZ’s Market Performance
DPZ’s stock has risen by 2.72% in the past week, with a monthly rise of 2.44% and a quarterly rise of 18.34%. The volatility ratio for the week is 2.45% while the volatility levels for the last 30 days are 2.21% for Dominos Pizza Inc The simple moving average for the last 20 days is 0.75% for DPZ stock, with a simple moving average of 21.44% for the last 200 days.
Analysts’ Opinion of DPZ
Many brokerage firms have already submitted their reports for DPZ stocks, with Argus repeating the rating for DPZ by listing it as a “Buy.” The predicted price for DPZ in the upcoming period, according to Argus is $530 based on the research report published on February 27, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see DPZ reach a price target of $430, previously predicting the price at $420. The rating they have provided for DPZ stocks is “Neutral” according to the report published on February 27th, 2024.
Gordon Haskett gave a rating of “Buy” to DPZ, setting the target price at $467 in the report published on January 16th of the current year.
DPZ Trading at 6.93% from the 50-Day Moving Average
After a stumble in the market that brought DPZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.69% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +0.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.38% upper at present.
During the last 5 trading sessions, DPZ rose by +2.72%, which changed the moving average for the period of 200-days by +41.45% in comparison to the 20-day moving average, which settled at $491.20. In addition, Dominos Pizza Inc saw 20.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DPZ starting from HEADEN CYNTHIA A, who sale 108 shares at the price of $495.08 back on Apr 02 ’24. After this action, HEADEN CYNTHIA A now owns 3,910 shares of Dominos Pizza Inc, valued at $53,469 using the latest closing price.
HEADEN CYNTHIA A, the EVP, Chief Supply Chain Offr of Dominos Pizza Inc, sale 768 shares at $451.52 during a trade that took place back on Mar 13 ’24, which means that HEADEN CYNTHIA A is holding 4,103 shares at $346,768 based on the most recent closing price.
Stock Fundamentals for DPZ
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.39 for the gross margin
The net margin for Dominos Pizza Inc stands at 0.12. The total capital return value is set at 0.73.
Based on Dominos Pizza Inc (DPZ), the company’s capital structure generated 4.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -1.28. The interest coverage ratio of the stock is 4.28.
Currently, EBITDA for the company is 929.7 million with net debt to EBITDA at 5.62. When we switch over and look at the enterprise to sales, we see a ratio of 4.98. The receivables turnover for the company is 15.84for trailing twelve months and the total asset turnover is 2.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
To sum up, Dominos Pizza Inc (DPZ) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
