Analyst Andrew Strelzik of BMO Capital reiterated a Buy rating on Domino’s Pizza (DPZ – Research Report), with a price target of $515.00.
Andrew Strelzik has given his Buy rating due to a combination of factors that highlight Domino’s Pizza’s potential for growth and profitability. The company has demonstrated resilience in a challenging consumer spending environment by achieving consensus earnings per share and maintaining its guidance for global retail sales and operating profit growth. Despite softer U.S. comparable sales, Domino’s has managed to gain market share and is expected to accelerate its sales momentum with visible drivers such as expanded aggregator partnerships and a focus on loyalty programs.
Furthermore, the company’s international sales have exceeded expectations, contributing to its overall positive outlook. Domino’s plans for net unit growth and operational improvements, alongside its strong brand and digital leadership, position it well for future success. The anticipated expansion of operating margins and the potential for earnings upside further support the Buy rating, making Domino’s Pizza an attractive investment opportunity in the restaurant sector.
In another report released today, Benchmark Co. also maintained a Buy rating on the stock with a $520.00 price target.