Price Action to Note: Does Domino’s Pizza, Inc. Have Any Gas After Today’s Big Increase?

Price Action to Note: Does Domino's Pizza, Inc. Have Any Gas After Today's Big Increase?

The stock of Domino’s Pizza, Inc. (NYSE:DPZ) is a huge mover today! About 1.77M shares traded hands or 228.46% up from the average. Domino’s Pizza, Inc. (NYSE:DPZ) has risen 15.86% since March 15, 2016 and is uptrending. It has outperformed by 10.38% the S&P500.
The move comes after 5 months positive chart setup for the $7.91 billion company. It was reported on Oct, 18 by Barchart.com. We have $211.87 PT which if reached, will make NYSE:DPZ worth $2.37B more.

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

Out of 14 analysts covering Domino’s Pizza (NYSE:DPZ), 6 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 43% are positive. Domino’s Pizza has been the topic of 28 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, October 6 by Numis Securities. Citigroup maintained Domino’s Pizza, Inc. (NYSE:DPZ) rating on Monday, October 19. Citigroup has “Neutral” rating and $109 price target. The firm has “Buy” rating by Nomura given on Thursday, October 1. The firm has “Buy” rating given on Thursday, February 25 by Maxim Group. The company was maintained on Thursday, October 29 by Maxim Group. Evercore initiated Domino’s Pizza, Inc. (NYSE:DPZ) on Tuesday, April 5 with “Hold” rating. The firm earned “Buy” rating on Friday, January 15 by Maxim Group. The rating was upgraded by Goldman Sachs on Wednesday, September 9 to “Buy”. The stock of Domino’s Pizza, Inc. (NYSE:DPZ) has “Buy” rating given on Monday, January 18 by Maxim Group. The stock of Domino’s Pizza, Inc. (NYSE:DPZ) has “Hold” rating given on Monday, September 21 by Zacks.

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.
Miura Limited Liability Corp has invested 5.64% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ). Texas Permanent School Fund holds 0.07% or 38,346 shares in its portfolio. Ubs Asset Americas accumulated 83,195 shares or 0.01% of the stock. Millennium Mngmt Ltd Limited Liability Company holds 0.05% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ) for 150,320 shares. Sumitomo Mitsui Tru Holdg, a Japan-based fund reported 136,427 shares. Teachers Advsr last reported 42,150 shares in the company. Cantab Prtnrs Llp accumulated 0% or 5,869 shares. Employees Retirement Of Texas has invested 0.05% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ). Teachers Retirement System Of The State Of Kentucky holds 0.02% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ) for 13,400 shares. D E Shaw & Commerce holds 0.01% or 22,592 shares in its portfolio. Amer Century reported 231,720 shares or 0.01% of all its holdings. Gulf Intl Bank (Uk) has 0.03% invested in the company for 14,850 shares. Walleye Trading Ltd Liability Corporation last reported 0.01% of its portfolio in the stock. Columbia Wanger Asset Ltd Limited Liability Company accumulated 0.73% or 476,153 shares. Moreover, Discovery Mngmt Ltd Liability Corporation Ct has 0.32% invested in Domino’s Pizza, Inc. (NYSE:DPZ) for 106,000 shares.

Insider Transactions: Since July 25, 2016, the stock had 0 insider purchases, and 3 sales for $3.63 million net activity. The insider Hamilton Vernon O sold $237,008. The insider GOLDMAN JAMES A sold 3,095 shares worth $457,011. Shares for $2.94 million were sold by ALLISON RICHARD E JR on Friday, August 19.

More recent Domino’s Pizza, Inc. (NYSE:DPZ) news were published by: Prnewswire.com which released: “Domino’s® Presidential Election Prediction? Pizza Wins!” on October 10, 2016. Also 247Wallst.com published the news titled: “Top Analyst Upgrades and Downgrades: Domino’s Pizza, Level 3, Noble Energy …” on October 14, 2016. Benzinga.com‘s news article titled: “Fast Money Halftime Report Traders Share Their Opinions About Domino’s …” with publication date: October 15, 2016 was also an interesting one.

Domino’s Pizza, Inc. is a pizza restaurant chain. The company has a market cap of $7.91 billion. The Firm operates pizza stores at 12,500 locations in over 80 markets. It has a 43.63 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.

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