Are analysts optimistic about Domino’s Pizza Inc.’s (NYSE:DPZ) stock?

The closing price of Domino’s Pizza Inc. (NYSE: DPZ) was $313.94 for the day, up 0.43% from the previous closing price of $312.60. In other words, the price has increased by $+1.34 from its previous closing price. On the day, 837665 shares were traded. DPZ stock price reached its highest trading level at $317.55 during the session, while it also had its lowest trading level at $310.72.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Ratios:

Our analysis of DPZ’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.50.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Gordon Haskett on March 03, 2023, Downgraded its rating to Hold and sets its target price to $315 from $344 previously.

UBS reiterated its Buy rating for the stock on February 24, 2023, while the target price for the stock was revised from $410 to $370.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 13 when HEADEN CYNTHIA A sold 136 shares for $300.00 per share. The transaction valued at 40,800 led to the insider holds 4,867 shares of the business.

WEINER RUSSELL J bought 3,333 shares of DPZ for $1,011,840 on Mar 02. The Chief Executive Officer now owns 3,333 shares after completing the transaction at $303.58 per share. On Feb 22, another insider, HEADEN CYNTHIA A, who serves as the EVP, Supply Chain Services of the company, sold 75 shares for $347.07 each. As a result, the insider received 26,030 and left with 2,846 shares of the company.

Valuation Measures:

As of this moment, Domino’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.00, and their Forward P/E ratio for the next fiscal year is 21.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52.

Stock Price History:

Over the past 52 weeks, DPZ has reached a high of $426.44, while it has fallen to a 52-week low of $291.00. The 50-Day Moving Average of the stock is 336.13, while the 200-Day Moving Average is calculated to be 359.59.

Shares Statistics:

DPZ traded an average of 743.16K shares per day over the past three months and 868.47k shares per day over the past ten days. A total of 35.29M shares are outstanding, with a floating share count of 35.19M. Insiders hold about 0.40% of the company’s shares, while institutions hold 93.90% stake in the company. Shares short for DPZ as of Jan 30, 2023 were 1.46M with a Short Ratio of 1.67M, compared to 1.54M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.11% and a Short% of Float of 4.64%.

Dividends & Splits

With its trailing 12-month dividend rate of 3.28, DPZ has a forward annual dividend rate of 4.84. Against a Trailing Annual Dividend Yield of 1.05%, it implies a Forward Annual Dividend Yield of 1.24%. The stock’s 5-year Average Dividend Yield is 0.87.

Earnings Estimates

The firm’s stock currently is rated by 27 analysts. On average, analysts expect EPS of $3.96 for the current quarter, with a high estimate of $4.42 and a low estimate of $3.46, while EPS last year was $4.25. The consensus estimate for the next quarter is $2.96, with high estimates of $3.2 and low estimates of $2.66.

Analysts are recommending an EPS of between $13 and $11.57 for the fiscal current year, implying an average EPS of $12.12. EPS for the following year is $14.14, with 32 analysts recommending between $14.96 and $13.47.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 22 analysts. It ranges from a high estimate of $1.49B to a low estimate of $1.38B. As of the current estimate, Domino’s Pizza Inc.’s year-ago sales were $1.34B, an estimated increase of 7.10% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $1.06B, an increase of 4.90% less than the figure of $7.10% in the same quarter last year. There is a high estimate of $1.12B for the next quarter, whereas the lowest estimate is $1B.

A total of 28 analysts have provided revenue estimates for DPZ’s current fiscal year. The highest revenue estimate was $4.63B, while the lowest revenue estimate was $4.53B, resulting in an average revenue estimate of $4.58B. In the same quarter a year ago, actual revenue was $4.36B, up 5.10% from the average estimate. Based on 28 analysts’ estimates, the company’s revenue will be $4.76B in the next fiscal year. The high estimate is $4.9B and the low estimate is $4.64B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.