Domino’s Pizza (NYSE:DPZ) Posts Earnings Results

Domino’s Pizza (NYSE:DPZ) announced its earnings results on Thursday. The restaurant operator reported $2.49 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.30), MarketWatch Earnings reports. Domino’s Pizza had a net margin of 12.11% and a negative return on equity of 14.01%. The firm had revenue of $967.70 million for the quarter, compared to analyst estimates of $954.92 million. During the same period in the previous year, the company earned $2.05 EPS. Domino’s Pizza’s revenue was up 17.9% compared to the same quarter last year.

Shares of DPZ opened at $401.01 on Friday. The firm has a market cap of $15.78 billion, a P/E ratio of 35.71, a price-to-earnings-growth ratio of 2.38 and a beta of 0.33. Domino’s Pizza has a 12-month low of $247.50 and a 12-month high of $435.58. The company’s 50-day moving average price is $408.44 and its 200 day moving average price is $381.01.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be issued a $0.78 dividend. The ex-dividend date is Monday, December 14th. This represents a $3.12 annualized dividend and a yield of 0.78%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 32.60%.

In other Domino’s Pizza news, EVP Thomas Benjamin Curtis sold 250 shares of the business’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $425.00, for a total transaction of $106,250.00. Following the sale, the executive vice president now directly owns 10,888 shares in the company, valued at $4,627,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeffrey D. Lawrence sold 2,500 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $402.15, for a total transaction of $1,005,375.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,125 shares of company stock worth $8,281,552. 1.74% of the stock is owned by insiders.

A number of equities analysts have commented on the company. Jefferies Financial Group increased their target price on Domino’s Pizza from $385.00 to $405.00 and gave the company a “hold” rating in a report on Friday, July 17th. Zacks Investment Research cut Domino’s Pizza from a “strong-buy” rating to a “hold” rating and set a $403.00 target price for the company. in a report on Tuesday, August 11th. Morgan Stanley reduced their target price on Domino’s Pizza from $449.00 to $446.00 and set an “overweight” rating for the company in a report on Friday. KeyCorp began coverage on Domino’s Pizza in a research report on Thursday, October 1st. They issued a “sector weight” rating for the company. Finally, UBS Group upped their price target on Domino’s Pizza from $415.00 to $430.00 and gave the company a “neutral” rating in a research report on Thursday, October 1st. Eleven analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company. Domino’s Pizza currently has an average rating of “Buy” and a consensus target price of $418.60.

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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Earnings History for Domino`s Pizza (NYSE:DPZ)

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