Equities analysts expect that Domino’s Pizza, Inc. (NYSE:DPZ) will report sales of $1.12 billion for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have provided estimates for Domino’s Pizza’s earnings, with the lowest sales estimate coming in at $1.11 billion and the highest estimate coming in at $1.14 billion. Domino’s Pizza reported sales of $1.08 billion during the same quarter last year, which would suggest a positive year over year growth rate of 3.7%. The firm is scheduled to announce its next earnings results on Thursday, February 20th.
On average, analysts expect that Domino’s Pizza will report full-year sales of $3.59 billion for the current fiscal year, with estimates ranging from $3.58 billion to $3.61 billion. For the next fiscal year, analysts anticipate that the business will post sales of $3.86 billion, with estimates ranging from $3.78 billion to $3.90 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Domino’s Pizza.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, October 8th. The restaurant operator reported $2.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.01). Domino’s Pizza had a negative return on equity of 12.92% and a net margin of 10.79%. The business had revenue of $820.81 million during the quarter, compared to analysts’ expectations of $827.23 million. During the same period last year, the company earned $1.95 earnings per share. The firm’s revenue was up 4.4% compared to the same quarter last year.
NYSE DPZ traded down $1.13 during trading on Friday, reaching $285.24. 1,144,247 shares of the company’s stock traded hands, compared to its average volume of 844,975. The firm has a market cap of $11.72 billion, a price-to-earnings ratio of 33.88, a price-to-earnings-growth ratio of 2.22 and a beta of 0.49. The company’s 50 day simple moving average is $279.24 and its two-hundred day simple moving average is $262.74. Domino’s Pizza has a 12-month low of $220.90 and a 12-month high of $302.05.
The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.65 per share. The ex-dividend date is Thursday, December 12th. Domino’s Pizza’s dividend payout ratio is presently 30.88%.
In other news, Director James A. Goldman sold 2,486 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $279.98, for a total value of $696,030.28. Following the completion of the sale, the director now owns 5,209 shares of the company’s stock, valued at approximately $1,458,415.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.62% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of DPZ. JS Capital Management LLC acquired a new stake in Domino’s Pizza in the 3rd quarter worth approximately $296,000. Man Group plc raised its holdings in shares of Domino’s Pizza by 103.6% in the third quarter. Man Group plc now owns 41,562 shares of the restaurant operator’s stock worth $10,166,000 after buying an additional 21,149 shares during the last quarter. Squarepoint Ops LLC raised its holdings in shares of Domino’s Pizza by 23.9% in the third quarter. Squarepoint Ops LLC now owns 226,434 shares of the restaurant operator’s stock worth $55,383,000 after buying an additional 43,642 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in shares of Domino’s Pizza in the third quarter worth $28,842,000. Finally, National Pension Service lifted its stake in shares of Domino’s Pizza by 5.5% during the third quarter. National Pension Service now owns 65,194 shares of the restaurant operator’s stock worth $15,946,000 after buying an additional 3,401 shares during the period. Hedge funds and other institutional investors own 95.16% of the company’s stock.
About Domino’s Pizza
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.
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