Domino’s Pizza Inc (NYSE:DPZ) released its quarterly earnings results on Tuesday. The restaurant operator reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.09, MarketWatch Earnings reports. The business had revenue of $628.61 million for the quarter, compared to the consensus estimate of $609.87 million. Domino’s Pizza had a net margin of 9.06% and a negative return on equity of 12.21%. Domino’s Pizza’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS.

Domino’s Pizza (DPZ) traded down 8.14% during mid-day trading on Tuesday, reaching $196.56. 2,141,144 shares of the company’s stock traded hands. The firm has a 50 day moving average of $212.52 and a 200 day moving average of $191.44. The firm has a market cap of $9.45 billion, a PE ratio of 42.03 and a beta of 0.38. Domino’s Pizza has a 1-year low of $143.47 and a 1-year high of $221.58.

The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 15th were given a $0.46 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $1.84 annualized dividend and a yield of 0.86%. Domino’s Pizza’s dividend payout ratio is 39.32%.

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A number of research analysts have recently weighed in on the stock. Wells Fargo & Company assumed coverage on shares of Domino’s Pizza in a report on Tuesday, May 23rd. They set a “market perform” rating and a $210.00 price target on the stock. BidaskClub downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Monday. Maxim Group raised their price target on shares of Domino’s Pizza from $186.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, June 1st. Bank of America Corporation raised their price target on shares of Domino’s Pizza from $210.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, June 13th. Finally, Stephens restated an “equal weight” rating and set a $185.00 price target on shares of Domino’s Pizza in a report on Friday, April 28th. Fourteen investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Domino’s Pizza currently has an average rating of “Hold” and a consensus target price of $194.40.

Large investors have recently made changes to their positions in the company. IHT Wealth Management LLC increased its stake in shares of Domino’s Pizza by 19.5% in the first quarter. IHT Wealth Management LLC now owns 569 shares of the restaurant operator’s stock worth $105,000 after buying an additional 93 shares during the last quarter. TrimTabs Asset Management LLC increased its stake in shares of Domino’s Pizza by 88.4% in the first quarter. TrimTabs Asset Management LLC now owns 682 shares of the restaurant operator’s stock worth $126,000 after buying an additional 320 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Domino’s Pizza by 115.4% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the restaurant operator’s stock worth $145,000 after buying an additional 368 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth about $151,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Domino’s Pizza during the second quarter worth about $160,000. Hedge funds and other institutional investors own 98.91% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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

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