In a report released today, Andrew Strelzik from BMO Capital reiterated a Buy rating on Domino’s Pizza, with a price target of $540.00.
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Andrew Strelzik has given his Buy rating due to a combination of factors that highlight Domino’s Pizza’s promising future. He anticipates a solid performance in the second quarter of 2025, with expectations of improved U.S. comparable sales driven by successful initiatives like the Stuffed Crust launch and the partnership with DoorDash. These efforts, coupled with a revamped loyalty program, are expected to contribute positively to the company’s sales trajectory.
Furthermore, Strelzik notes that Domino’s is likely to benefit from stronger supply chain margins and favorable foreign exchange conditions, which could provide an upside to earnings per share. The company’s reiterated guidance for global retail sales and operating profit growth also supports this positive outlook. Strelzik believes that Domino’s strategic initiatives, operational enhancements, and focus on innovation position it well for continued market share gains and potential multiple expansion, making it an attractive investment opportunity.
In another report released yesterday, UBS also reiterated a Buy rating on the stock with a $540.00 price target.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DPZ in relation to earlier this year.