Maxim Group Keeps a Buy Rating on Domino’s Pizza (DPZ)


In a report released yesterday, Stephen Anderson from Maxim Group maintained a Buy rating on Domino’s Pizza (DPZ), with a price target of $315. The company’s shares closed yesterday at $246.54.

Anderson said:

“Domino’s Pizza (DPZ) announced 2Q19 (June) pro forma EPS of $2.19, above our $2.13 estimate and the $2.02 Street mean. A lower-than-expected tax rate added as much as $0.11 to 2Q19 EPS.”

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 8.5% and a 63.2% success rate. Anderson covers the NA sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.

Currently, the analyst consensus on Domino’s Pizza is a Strong Buy with an average price target of $299.08, which is a 21.3% upside from current levels. In a report issued on July 1, Oppenheimer also reiterated a Buy rating on the stock with a $310 price target.

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The company has a one-year high of $305.34 and a one-year low of $231.28. Currently, Domino’s Pizza has an average volume of 775.7K.

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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.

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