Shares of Domino’s Pizza Inc (NYSE:DPZ) traded at a new 52-week high today of $524.98. This new high was reached on above average trading volume as 813,000 shares traded hands, while the average 30-day volume is approximately 519,000 shares.
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.
Based on a current price of $523.75, Domino’s Pizza Inc is currently 9.9% above its average consensus analyst price target of $472.15.
Over the past year, Domino’s Pizza Inc has traded in a range of $319.71 to $524.98 and is now at $523.75, 64% above that low.
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