Shares of Domino’s Pizza Inc (DPZ) Rise Above Previous 52-Week High

July 9, 2021 10:14:56

Domino’s Pizza Inc (NYSE:DPZ) traded at a new 52-week high today of $479.67. Approximately 80,000 shares have changed hands today, as compared to an average 30-day volume of 527,000 shares.

There is potential upside of 0.7% for shares of Domino’s Pizza Inc based on a current price of $477.62 and an average consensus analyst price target of $481.12.

Domino’s Pizza Inc share prices have moved between a 52-week high of $479.67 and a 52-week low of $319.71 and are now trading 49% above that low price at $477.62 per share.

Domino’s Pizza Inc. is a restaurant operator and franchisor, with a footprint of more than 17,800 stores across 90 countries. The firm generates revenue through the sales of pizza, wings, salads, and sandwiches at company-owned stores, through royalty and marketing contributions from franchise-operated stores, and through its network of 26 dough manufacturing and supply chain facilities which centralize purchasing, preparation, and last-mile delivery for more than 6,800 units in the U.S. and Canada. With roughly $16 billion in 2020 system sales, Domino’s is the largest player in the global pizza market, ahead of Pizza Hut, Papa John’s, and Little Caesars.

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