On Oct 05, major Wall Street analysts update their ratings for $Domino's Pizza (DPZ.US)$, with price targets ranging from $380 to $582.
BofA Securities analyst Sara Senatore maintains with a buy rating, and sets the target price at $582.
Barclays analyst Jeff Bernstein maintains with a sell rating, and maintains the target price at $380.
Wells Fargo analyst Zachary Fadem maintains with a hold rating, and adjusts the target price from $525 to $450.
Wedbush analyst Nick Setyan maintains with a buy rating, and adjusts the target price from $510 to $470.
Furthermore, according to the comprehensive report, the opinions of $Domino's Pizza (DPZ.US)$'s main analysts recently are as follows:
Stability was observed in Domino's Pizza's sales growth in August compared to July, maintaining around a 3% increase. However, recent trends indicate a deceleration towards the end of Q3, reflecting a broader slowdown in the pizza sector. By applying a consistent relative P/E multiple to projected earnings 12 months ahead, expectations for the company's valuation have been adjusted.
Estimates for Domino's Pizza have been modestly revised, with expectations of a potential slight sales shortfall, which is considered to be within market expectations. Looking ahead to the third quarter, projected U.S. same-store sales growth has been adjusted, aligning closer to but still above general market consensus.
Here are the latest investment ratings and price targets for $Domino's Pizza (DPZ.US)$ from 4 analysts:
Note:
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