Domino’s Pizza Inc. (DPZ) Scheduled to Post Earnings on Tuesday
Domino’s Pizza Inc. (NYSE:DPZ) will be issuing its Q316 quarterly earnings data on Tuesday, October 18th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $339.32 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Domino’s Pizza had a negative return on equity of 11.59% and a net margin of 8.45%. The company had revenue of $547.34 million for the quarter, compared to analyst estimates of $533.44 million. During the same period last year, the company posted $0.81 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. On average, analysts expect Domino’s Pizza to post $4.14 EPS for the current fiscal year and $4.95 EPS for the next fiscal year.
Domino’s Pizza Inc. (NYSE:DPZ) opened at 151.12 on Monday. The firm has a 50-day moving average price of $151.10 and a 200 day moving average price of $137.51. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 40.68 and a beta of 0.81. Domino’s Pizza Inc. has a 52-week low of $100.59 and a 52-week high of $155.10.
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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Tuesday, September 13th. Domino’s Pizza’s payout ratio is 40.86%.
Several research firms have weighed in on DPZ. Zacks Investment Research upgraded shares of Domino’s Pizza from a “sell” rating to a “hold” rating in a research report on Tuesday, September 27th. N+1 Singer reiterated a “hold” rating on shares of Domino’s Pizza in a research report on Wednesday, October 12th. Peel Hunt reiterated a “buy” rating on shares of Domino’s Pizza in a research report on Thursday. Maxim Group lifted their price objective on shares of Domino’s Pizza from $135.00 to $158.00 and gave the stock a “hold” rating in a research report on Tuesday, October 4th. Finally, Beaufort Securities restated a “buy” rating on shares of Domino’s Pizza in a report on Thursday. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company. Domino’s Pizza currently has a consensus rating of “Hold” and a consensus price target of $144.42.
In other news, Director James A. Goldman sold 3,095 shares of the company’s stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $147.66, for a total transaction of $457,007.70. Following the completion of the transaction, the director now owns 15,167 shares of the company’s stock, valued at $2,239,559.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard E. Allison, Jr. sold 20,000 shares of the company’s stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $146.92, for a total transaction of $2,938,400.00. Following the completion of the sale, the insider now directly owns 42,080 shares in the company, valued at approximately $6,182,393.60. The disclosure for this sale can be found here. Insiders own 5.03% of the company’s stock.
A number of hedge funds have recently bought and sold shares of DPZ. Compagnie Lombard Odier SCmA boosted its stake in Domino’s Pizza by 850.0% in the second quarter. Compagnie Lombard Odier SCmA now owns 950 shares of the company’s stock worth $125,000 after buying an additional 850 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Domino’s Pizza by 430.0% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,076 shares of the company’s stock worth $141,000 after buying an additional 873 shares during the last quarter. Sei Investments Co. boosted its stake in Domino’s Pizza by 35.8% in the second quarter. Sei Investments Co. now owns 1,632 shares of the company’s stock worth $215,000 after buying an additional 430 shares during the last quarter. GAM Holding AG acquired a new stake in Domino’s Pizza during the second quarter worth $216,000. Finally, Ontario Teachers Pension Plan Board acquired a new stake in Domino’s Pizza during the second quarter worth $230,000. 95.61% of the stock is currently owned by institutional investors and hedge funds.
About Domino’s Pizza
Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.
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