Cowen & Co. analyst Andrew Charles maintained a Buy rating on Domino’s Pizza (DPZ) on April 14 and set a price target of $440.00. The company’s shares closed last Monday at $396.27.
According to TipRanks.com, Charles is a 5-star analyst with an average return of 18.9% and a 75.3% success rate. Charles covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box, and Yum! Brands.
Currently, the analyst consensus on Domino’s Pizza is a Moderate Buy with an average price target of $411.00, representing a 4.4% upside. In a report issued on March 30, Citigroup also initiated coverage with a Buy rating on the stock with a $435.00 price target.
See today’s analyst top recommended stocks >>
Based on Domino’s Pizza’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.36 billion and net profit of $152 million. In comparison, last year the company earned revenue of $920 million and had a net profit of $119 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Domino’s Pizza, Inc. is a pizza company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. It operates though the following three segments: U.S. Stores, International Franchise and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises of a network of franchised stores. The Supply Chain segment operates regional dough manufacturing and food supply chain centers. The company was founded by James Monaghan and Thomas Stephen Monaghan in 1960 and is headquartered in Ann Arbor, MI.
Read More on DPZ:
