Domino's Pizza (DPZ) PT, Estimates Bumped at Jefferies; 'Hold' Maintained

Jefferies analyst Alexander Slagle lifted his price target on Domino's Pizza (NYSE: DPZ) to $100.00 (from $98.00) but maintained a Hold rating after Q4 missed views.

Slagle commented, "EPS of $0.91 missed consensus of $0.93, as higher than expected G&A offset impressive SSS growth in the U.S. We think earnings growth will be below-trend in ’15 as G&A costs accelerate and FX headwinds persist, offsetting stronger SSS and easing cheese costs. Valuation not cheap, but we believe it fairly reflects DPZ's powerful international development opportunity and the predictable nature of its highly franchised model."

The firm raised Q1 EPS from $0.74 to $0.75 and maintained FY 2015 EPS at $3.27.

For an analyst ratings summary and ratings history on Domino's Pizza click here. For more ratings news on Domino's Pizza click here.

Shares of Domino's Pizza closed at $103.53 yesterday.

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