Dominos Pizza Inc (NYSE:DPZ) does about 589.93K shares in volume on a normal day but saw 1902784 shares change hands in Monday trading. The company now has a market cap of 18.36B USD. Its current market price is $527.13, marking an increase of 5.62% compared to the previous close of $499.07. The 52 week high reached by this stock is $508.44 whilst the lowest price level in 52 weeks is $285.84.
Dominos Pizza Inc (DPZ) has a 20-day trading average at $492.97 and the current price is 3.68% off the 52-week high compared with 84.41% distance from its 52-week low. The 50-day simple moving average of the closing price is $467.71 and its 200-day simple moving average is $409.40. If we look at the stock’s price movements over the week, volatility stands at 3.23%, which decreases to 2.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 71.52 to suggest the stock is overbought.
The consensus objective for the share price is $502.60, suggesting that the stock has a potential downside of -4.88% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 27, 2024 when Argus upgraded the stock to “Buy” and issued a price target of $530. JP Morgan downgraded the stock to “Neutral” from Overweight on February 27, 2024 at a price target of $420-$430. Gordon Haskett upgraded its price target at $467.
Dominos Pizza Inc (DPZ) stock is up 11.85% over the week and 6.09% over the past month. Its price is 27.87% year-to-date and 66.21% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -4.88 percent from here.
The company has a return on investment of 46.96%. The price to earnings ratio (P/E ratio) amounts to 34.42 while the forward price to earnings ratio is 29.43. The beta has a value of 0.86. Price to sales ratio is 4.04.
