Domino’s Pizza (DPZ) to Release Earnings on Monday

Domino’s Pizza (NYSE:DPZ) will be releasing its earnings data before the market opens on Monday, April 29th. Analysts expect Domino’s Pizza to post earnings of $3.46 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, topping the consensus estimate of $4.38 by $0.10. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $4.43 EPS. On average, analysts expect Domino’s Pizza to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Domino’s Pizza Price Performance

Shares of DPZ opened at $499.07 on Friday. The company has a market capitalization of $17.38 billion, a PE ratio of 34.02, a price-to-earnings-growth ratio of 2.55 and a beta of 0.86. Domino’s Pizza has a one year low of $285.84 and a one year high of $508.44. The company’s fifty day moving average price is $467.11 and its 200 day moving average price is $418.58.

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.21%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.17%.

Insider Buying and Selling

In related news, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the transaction, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DPZ has been the topic of several research analyst reports. Barclays raised their price target on shares of Domino’s Pizza from $346.00 to $405.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 27th. Evercore ISI raised their price target on shares of Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Oppenheimer restated an “outperform” rating and issued a $470.00 price target on shares of Domino’s Pizza in a research report on Thursday, February 22nd. Gordon Haskett upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price target on the stock in a research report on Tuesday, January 16th. Finally, UBS Group raised their price target on shares of Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $460.90.

Domino’s Pizza Company Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.