How to Buy Dominos Pizza Stock
Dominos Pizza Inc
Dominos Pizza is a restaurant company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker DPZ on the NYSE exchange.
Dominos Pizza stock last closed at $411.71, up 0.66% from the previous day, and has increased 7.54% in one year. It has underperformed other stocks in the Restaurants industry by 0.11 percentage points. Dominos Pizza stock is currently +24.74% from its 52-week low of $330.05, and -24.14% from its 52-week high of $542.75.
As of Sep 19, 2024, there are 34.97M DPZ shares outstanding. The market cap of DPZ is $14.40B. In the last 24 hours, 471,578 DPZ shares were traded.
How to Buy Dominos Pizza Stock
Not sure how to invest in Dominos Pizza stock? Here's how.
- Figure out where to buy Dominos Pizza stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Dominos Pizza stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Research Dominos Pizza stock: The Dominos Pizza ticker symbol is DPZ. Is Dominos Pizza stock a good investment? Should you buy shares of DPZ? How do DPZ's underlying business fundamentals look? Do top analysts think Dominos Pizza is a good buy? Why has DPZ's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if DPZ is a good stock to buy).
- Make your DPZ purchase: Decide if you will purchase DPZ shares at the current market price or use a limit order to buy DPZ shares at a given price.
- Watch your DPZ investment: Create a watchlist to keep track of your position in Dominos Pizza shares.
Step 1: Figure out where to buy Dominos Pizza stock
You will need a brokerage account in order to access the NYSE market and buy DPZ stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can invest in DPZ stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on apps for stocks, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring funds into your investment account.
Step 4: Research Dominos Pizza stock
Once you have figured out the best place to buy Dominos Pizza stock, it's absolutely critical to analyze their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Dominos Pizza quick stats
Fundamentals of DPZ
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on DPZ's stock page.
Is DPZ stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DPZ's intrinsic value.
Using relative valuations methods:
- DPZ may be undervalued based on its P/E ratio of 25.06x, relative to Restaurants industry P/E ratio of 37.42x
- DPZ may be overvalued based on its PEG ratio of 4.12x
You can do more valuation research on DPZ's stock here.
Is DPZ a healthy company?
Pros:
- There are more short-term assets than short-term liabilities on the DPZ balance sheet.
- DPZ profit margin has gone up from 10.5% to 12.4% in the past year.
Cons:
- Total DPZ debt is still negative.
- DPZ debt to equity ratio of -1.48 is negative.
- DPZ's operating cash flow of $622.72M allows it to safely service it's debt of $5.20B.
- DPZ earnings of $893.24M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the DPZ balance sheet.
Do analysts think it's a good time to buy Dominos Pizza stock
Out of 24 Wall Street analysts who give forecasts on DPZ, the consensus analyst rating on DPZ is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Latest DPZ Analyst Forecasts
Logan Reich, a bottom 18% analyst from RBC Capital maintains DPZ with a buy rating and lowers their DPZ price target from $575.00 to $500.00, on Jul 24, 2024.
RBC Capital's Logan Reich lowered their price target on Dominos Pizza (NYSE: DPZ) by 13% from $575 to $500 on 2024/07/24. The analyst maintained their Buy rating on the stock.
Dominos Pizza delivered in-line revenue and an EPS beat, Reich summed up after assessing the company's 2024/07/18-dated Q2 2024 earnings report.
U.S. comps, on the other hand, fell short of the "high buy-side expectations," the analyst added.
Moreover, global issues prompted management to reduce its unit guidance for FY 2024 and put the long-term unit growth algorithm on hold for the time being, Reich told investors.
Nonetheless, the analyst expressed an optimistic outlook for the stock longer term, citing consistently strong comps growth and the likelihood that global issues are temporary.
Earnings Report
For Q2 2024, Dominos Pizza reported:
- EPS of $4.03, which beat the Zacks Consensus Estimate of $3.70 and, by 30.8%, Q2 2023's $3.08.
- Revenue of $1.098B, which missed the Zacks Consensus Estimate of $1.1B, but beat Q2 2023's $1.025B by 7.1%.
- U.S. same-store sales growth of 4.8%
- International same-store sales growth (excluding foreign currency impact) of 2.1%.
- Global net store growth of 175.
For 2024 to 2028, management guided:
- Global net store growth of 825 to 925 in 2024, down from the prior 1100 stores.
- 7%+ annual global retail sales growth.
- 8%+ annual income from operations growth.
CEO Russell Weiner commented: “Our YTD performance demonstrates that our Hungry for MORE strategy is off to a great start, having an immediate impact on sales and profits.
“For the second straight quarter, we drove U.S. comp performance in the healthiest way possible, through profitable order count growth.
"We had positive order counts in our delivery and carryout businesses and across all income cohorts.
"Our strategy is resonating with customers and our system, which gives me great confidence that we can drive significant long-term value creation for our shareholders.”
Todd Brooks, a bottom 6% analyst from Benchmark maintains DPZ with a strong buy rating and lowers their DPZ price target from $575.00 to $520.00, on Jul 22, 2024.
Lauren Silberman, a top 5% analyst from Deutsche Bank maintains DPZ with a strong buy rating and lowers their DPZ price target from $580.00 to $500.00, on Jul 22, 2024.
Jeffrey A. Bernstein, a top 9% analyst from Barclays maintains DPZ with a strong sell rating and lowers their DPZ price target from $470.00 to $380.00, on Jul 19, 2024.
Alton Stump, a bottom 17% analyst from Loop Capital maintains DPZ with a hold rating and lowers their DPZ price target from $507.00 to $419.00, on Jul 19, 2024.
You can dig deeper into what analysts are saying on the Dominos Pizza stock forecast page.
Metrics for Advanced DPZ Traders
How are DPZ Revenues/Earnings doing?
Last year, DPZ earnings were $572.77M. Over the past five year, DPZ's earnings have grown by 12.18% per year. This was slower than the Restaurants industry average of 12.84%.
Last year, DPZ revenue was $4.61B. Over the last 5 year, DPZ's revenue has grown by 5.58% per year. This was slower than the Restaurants industry average of 10.04%.
Learn more about DPZ's earnings and revenue performance here.
Who is buying/selling DPZ?
In the past year, insiders at DPZ have sold more shares than they have bought.
Cynthia A. Headen, EVP Chief Supply Chain Offr of DPZ, was the latest DPZ insider to sell. They sold $6,405.90 worth of DPZ shares on Aug 20, 2024.
Get more info about who owns DPZ stock here.
Can I get consistent income from DPZ stock?
Dominos Pizza pays a dividend of 1.39%, compared to the Restaurants industry's average dividend yield of 3.02%. If you owned $1,000 of DPZ stock, you would have been paid $13.94 last year.
Dominos Pizza dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Dominos Pizza dividend yield and history here.
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Step 5: Make your DPZ purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Watch your DPZ investment
Now that you own some shares in DPZ, you'll want to keep up with your new shares.
Start a watchlist to track your DPZ stock.
DPZ Feed
How to Buy Stock in Dominos Pizza
To summarize, here are the 6 steps you need to take to buy Dominos Pizza stock right now:
- Figure out where to buy Dominos Pizza stock
- Create a brokerage account
- Fund your brokerage account
- Research Dominos Pizza stock
- Make your DPZ purchase
- Watch your DPZ investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Dominos Pizza, add DPZ to your watchlist below.
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