Domino's Pizza, Inc.

(New York Stock Exchange)
Slightly Bearish -15

Royal Bank of Canada Cuts Domino's Pizza Price Target to $325

πŸ“‰ Royal Bank of Canada cut its DPZ price target from $350.00 to $325.00 while keeping a 'sector perform' rating.

πŸ“ˆ BTIG Research maintained a 'buy' rating with a higher $425.00 price target for the company.

πŸ“‰ Guggenheim reduced its target to $325.00 and assigned a 'neutral' rating to the stock.

πŸ“‰ BMO Capital Markets lowered its target to $420.00 with an 'outperform' rating on DPZ.

πŸ“‰ Morgan Stanley dropped its price target to $370.00 with an 'equal weight' recommendation.

πŸ“‰ JPMorgan Chase & Co. adjusted its target down to $350.00 while maintaining an 'overweight' stance.

🀝 The analyst consensus is split with 16 buy ratings, 14 hold ratings, and 1 sell rating for the stock.

πŸ’° The average analyst price target stands at $392.58, reflecting a general 'hold' consensus among investors.

πŸ“Š Domino's Pizza opened at $294.32 with a market cap of $9.74 billion and a PE ratio of 16.73.

πŸ’Έ CEO Russell Weiner sold 10,850 shares at $330.83 each, reducing his ownership by 19.84%.

πŸ’Έ EVP Kelly Garcia sold 12,430 shares at $322.04 each, decreasing her ownership by 57.07%.

πŸ“‰ Insiders sold a total of 23,767 shares worth $7,737,107 over the last quarter.

Bullish Signals
  • BTIG Research reaffirmed a 'buy' rating with a price target of $425.00, indicating strong confidence in the company's prospects.
  • BMO Capital Markets maintains an 'outperform' rating with a price target of $420.00, suggesting positive long-term outlook.
Risk Factors
  • Royal Bank of Canada lowered its price target from $350.00 to $325.00, signaling reduced near-term upside expectations.
  • Guggenheim reduced its target to $325.00 and assigned a 'neutral' rating, reflecting uncertainty about growth drivers.
  • Morgan Stanley dropped its target to $370.00 with an 'equal weight' rating, indicating a neutral stance on the stock.
  • JPMorgan Chase & Co. lowered its price target to $350.00 despite maintaining an 'overweight' rating.
  • CEO Russell Weiner sold 10,850 shares worth approximately $3.6 million, reducing his ownership stake significantly.
  • EVP Kelly Garcia sold 12,430 shares worth approximately $4 million, decreasing her ownership by over half.
Full Analysis
Royal Bank of Canada has lowered its price target for Domino's Pizza (NASDAQ: DPZ) from $350.00 to $325.00, while maintaining a 'sector perform' rating that suggests potential upside relative to the previous close. This adjustment contributes to a broader landscape of mixed analyst sentiment regarding the company's valuation and future performance prospects. Other major brokerages have recently revised their assessments, with BTIG Research reaffirming a 'buy' at $425.00, while Guggenheim, BMO Capital Markets, Morgan Stanley, and JPMorgan Chase & Co. all reduced their targets to between $325.00 and $420.00. The consensus remains divided among 16 buy recommendations, 14 holds, and one sell, resulting in an average target price of $392.58. Domino's Pizza currently trades at a market capitalization of $9.74 billion with a PE ratio of 16.73. Recent insider activity includes significant share sales by CEO Russell Weiner and EVP Kelly Garcia, who collectively reduced their ownership stakes, while hedge funds have adjusted their positions in the stock. Despite the mixed analyst ratings and recent insider selling, the company maintains a substantial market presence with an average target price significantly higher than its opening price of $294.32 on Monday.