Dominos Pizza Inc (DPZ): A Technical Analysis

Dominos Pizza Inc (NYSE: DPZ) has a higher price-to-earnings ratio of 32.79x compared to its average ratio. DPZ has 36-month beta value of 0.85. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 12 as “hold,” and 0 as “sell.”

The public float for DPZ is 34.65M, and currently, short sellers hold a 3.80% ratio of that float. The average trading volume of DPZ on May 27, 2024 was 595.46K shares.

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DPZ) stock’s latest price update

The stock of Dominos Pizza Inc (NYSE: DPZ) has increased by 0.01 when compared to last closing price of 502.13.Despite this, the company has seen a loss of -2.12% in its stock price over the last five trading days. prnewswire.com reported 2024-05-23 that ANN ARBOR, Mich., May 23, 2024 /PRNewswire/ — Domino’s Pizza, Inc. (NYSE: DPZ) announces the following event: What: Domino’s to participate in fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference, featuring Chief Executive Officer Russell Weiner When: Thursday, May 30 at 1:30 – 2:20 p.m.

DPZ’s Market Performance

Dominos Pizza Inc (DPZ) has seen a -2.12% fall in stock performance for the week, with a 1.49% gain in the past month and a 9.40% surge in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 2.03% for DPZ.. The simple moving average for the past 20 days is -2.49% for DPZ’s stock, with a 19.50% simple moving average for the past 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 1.64% 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 -7.48% of loss for the given period.

Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares surge +0.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.19% upper at present.

During the last 5 trading sessions, DPZ fell by -2.12%, which changed the moving average for the period of 200-days by +26.74% in comparison to the 20-day moving average, which settled at $515.15. In addition, Dominos Pizza Inc saw 21.82% 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 GARRIDO FRANK, who sale 470 shares at the price of $521.45 back on May 01 ’24. After this action, GARRIDO FRANK now owns 6,323 shares of Dominos Pizza Inc, valued at $245,080 using the latest closing price.

PARRISH JESSICA L, the VP, Chief Accounting Officer of Dominos Pizza Inc, sale 400 shares at $524.18 during a trade that took place back on May 01 ’24, which means that PARRISH JESSICA L is holding 2,284 shares at $209,672 based on the most recent closing price.

Stock Fundamentals for DPZ

Current profitability levels for the company are sitting at:

  • 0.19 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 0.69.

Based on Dominos Pizza Inc (DPZ), the company’s capital structure generated 4.97 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at -1.25. The interest coverage ratio of the stock is 4.41.

Currently, EBITDA for the company is 929.7 million with net debt to EBITDA at 5.03. When we switch over and look at the enterprise to sales, we see a ratio of 4.9. The receivables turnover for the company is 15.21for trailing twelve months and the total asset turnover is 2.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.

Conclusion

To put it simply, Dominos Pizza Inc (DPZ) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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