Domino’s Pizza, Inc. Can’t Burn Your Long Portfolio. Option Traders are Bullish

 Domino's Pizza, Inc. Can't Burn Your Long Portfolio. Option Traders are Bullish

In today’s session Domino’s Pizza, Inc. (DPZ) registered an unusually high (3,788) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious DPZ increase. With 3,788 contracts traded and 6224 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: DPZ161021C00160000 closed last at: $1.95 or 11.4% down. About 121,212 shares traded hands. Domino’s Pizza, Inc. (NYSE:DPZ) has risen 14.12% since March 8, 2016 and is uptrending. It has outperformed by 4.80% the S&P500.

Analysts await Domino’s Pizza, Inc. (NYSE:DPZ) to report earnings on October, 18 before the open. They expect $0.90 EPS, up 34.33% or $0.23 from last year’s $0.67 per share. DPZ’s profit will be $44.12M for 42.28 P/E if the $0.90 EPS becomes a reality. After $0.98 actual EPS reported by Domino’s Pizza, Inc. for the previous quarter, Wall Street now forecasts -8.16% negative EPS growth.

Domino’s Pizza, Inc. (NYSE:DPZ) Ratings Coverage

Out of 13 analysts covering Domino’s Pizza (NYSE:DPZ), 5 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 38% are positive. $1000 is the highest target while $102 is the lowest. The $352.38 average target is 131.54% above today’s ($152.19) stock price. Domino’s Pizza has been the topic of 27 analyst reports since August 28, 2015 according to StockzIntelligence Inc. Beaufort Securities maintained Domino’s Pizza, Inc. (NYSE:DPZ) on Thursday, October 15 with “Buy” rating. Citigroup maintained Domino’s Pizza, Inc. (NYSE:DPZ) rating on Tuesday, September 13. Citigroup has “Neutral” rating and $159 price target. The rating was initiated by Evercore on Tuesday, April 5 with “Hold”. The company was maintained on Monday, January 18 by Maxim Group. As per Tuesday, October 6, the company rating was maintained by Numis Securities. The firm has “Conviction Buy” rating by Goldman Sachs given on Thursday, October 29. The stock of Domino’s Pizza, Inc. (NYSE:DPZ) has “Buy” rating given on Monday, October 12 by Maxim Group. The stock has “Buy” rating given by Maxim Group on Thursday, February 25. Maxim Group maintained Domino’s Pizza, Inc. (NYSE:DPZ) rating on Friday, July 22. Maxim Group has “Hold” rating and $135 price target. Zacks downgraded the stock to “Hold” rating in Monday, September 21 report.

According to Zacks Investment Research, “Dominos Pizza is the recognized world leader in pizza delivery. Through its primarily franchised system, Domino’s operates franchised and Company-owned stores in the United States and in more than 50 countries.”

Insitutional Activity: The institutional sentiment increased to 1.18 in 2016 Q2. Its up 0.11, from 1.07 in 2016Q1. The ratio improved, as 58 funds sold all Domino’s Pizza, Inc. shares owned while 79 reduced positions. 63 funds bought stakes while 99 increased positions. They now own 45.28 million shares or 4.94% less from 47.63 million shares in 2016Q1.
M Secs last reported 0.2% of its portfolio in the stock. Delta Lloyd Nv last reported 0.01% of its portfolio in the stock. Diam Ltd holds 0.01% or 4,963 shares in its portfolio. Numeric Investors Limited Liability has 3,600 shares for 0% of their US portfolio. California State Teachers Retirement last reported 0.03% of its portfolio in the stock. Fisher Asset Limited Co accumulated 1.48M shares or 0.37% of the stock. Da Davidson & Com owns 59 shares or 0% of their US portfolio. Oregon Public Employees Retirement Fund last reported 0.05% of its portfolio in the stock. Pictet Asset Management holds 14,800 shares or 0.01% of its portfolio. Morgan Stanley last reported 0.01% of its portfolio in the stock. Commerzbank Aktiengesellschaft Fi holds 4,761 shares or 0% of its portfolio. Maplelane Limited Com accumulated 0.17% or 30,001 shares. Fincl Counselors holds 12,150 shares or 0.1% of its portfolio. Zacks Invest Management owns 5,039 shares or 0.02% of their US portfolio. Raymond James Fincl Serv Advsr Incorporated holds 0.02% or 15,509 shares in its portfolio.

Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 3 sales for $3.63 million net activity. 3,095 Domino’s Pizza, Inc. (NYSE:DPZ) shares with value of $457,011 were sold by GOLDMAN JAMES A. $2.94 million worth of shares were sold by ALLISON RICHARD E JR on Friday, August 19. Another trade for 1,600 shares valued at $237,008 was made by Hamilton Vernon O on Monday, July 25.

Domino’s Pizza, Inc. is a pizza restaurant chain. The company has a market cap of $7.46 billion. The Firm operates pizza stores at 12,500 locations in over 80 markets. It has a 40.74 P/E ratio. It operates through three divisions: domestic stores, international franchise and supply chain.

DPZ Company Profile

Domino’s Pizza, Inc., incorporated on July 30, 2002, is a pizza restaurant chain. The Firm operates pizza stores at 12,500 locations in over 80 markets. The Firm operates through three divisions: domestic stores, international franchise and supply chain. The Company’s basic menu features pizza products in various sizes and crust types. The Company’s stores also offer oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts and soft drink products. International markets vary toppings by Country and culture, such as squid toppings in Japan or spicy cheese in India, and feature regional specialty items, such as a banana and cinnamon dessert pizza in Brazil.

Another recent and important Domino’s Pizza, Inc. (NYSE:DPZ) news was published by Prnewswire.com which published an article titled: “Domino’s® Celebrates National Pepperoni Pizza Day with Weeklong BOGO Offer” on September 19, 2016.

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