Domino’s Pizza (DPZ) Announces Quarterly Results
Domino’s Pizza (NYSE:DPZ) announced its earnings results on Tuesday. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.01, Analyst Ratings News reports. The company had revenue of $404.05 million for the quarter, compared to the consensus estimate of $402.70 million.
Several analysts have recently commented on the stock. Analysts at Oppenheimer downgraded shares of Domino’s Pizza from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, October 3rd. They now have a $64.00 price target on the stock. On a related note, analysts at KeyCorp initiated coverage on shares of Domino’s Pizza in a research note to investors on Monday, September 9th. They set a “buy” rating and a $70.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Domino’s Pizza in a research note to investors on Tuesday, September 3rd. They now have a $65.00 price target on the stock. Nine investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $61.20.
Domino’s Pizza (NYSE:DPZ) opened at 68.85 on Tuesday. Domino’s Pizza has a 1-year low of $38.98 and a 1-year high of $69.92. The stock’s 50-day moving average is $65.76 and its 200-day moving average is $60.19. The company has a market cap of $3.832 billion and a P/E ratio of 30.44.
Domino’s Pizza, Inc (NYSE:DPZ) is a pizza delivery company in the United States.
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