Domino’s Pizza Inc (NYSE:DPZ) – Jefferies Group boosted their Q3 2017 earnings per share estimates for Domino’s Pizza in a note issued to investors on Tuesday. Jefferies Group analyst A. Slagle now expects that the restaurant operator will earn $1.18 per share for the quarter, up from their previous estimate of $1.09. Jefferies Group currently has a “Hold” rating and a $185.00 target price on the stock. Jefferies Group also issued estimates for Domino’s Pizza’s Q4 2017 earnings at $1.74 EPS, FY2017 earnings at $5.50 EPS, Q1 2018 earnings at $1.40 EPS, Q2 2018 earnings at $1.38 EPS, Q3 2018 earnings at $1.38 EPS and Q4 2018 earnings at $2.05 EPS.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.09. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The firm had revenue of $628.61 million for the quarter, compared to analysts’ expectations of $609.87 million. During the same quarter last year, the firm earned $0.98 EPS. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: “Brokers Issue Forecasts for Domino’s Pizza Inc’s Q3 2017 Earnings (DPZ)” was originally reported by American Banking News and is owned by of American Banking News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/07/27/brokers-issue-forecasts-for-dominos-pizza-incs-q3-2017-earnings-dpz.html.

A number of other equities analysts have also recently commented on the stock. Guggenheim initiated coverage on shares of Domino’s Pizza in a research note on Friday, April 21st. They set a “buy” rating and a $192.00 price target for the company. Longbow Research cut shares of Domino’s Pizza from a “buy” rating to a “neutral” rating in a research note on Friday, June 9th. OTR Global reaffirmed a “positive” rating on shares of Domino’s Pizza in a research note on Saturday, April 22nd. Stephens reaffirmed an “equal weight” rating and set a $185.00 price target on shares of Domino’s Pizza in a research note on Friday, April 28th. Finally, Bank of America Corporation lifted their price target on shares of Domino’s Pizza from $210.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Thirteen analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $194.40.

Domino’s Pizza (DPZ) opened at 186.43 on Thursday. The firm’s 50 day moving average is $210.92 and its 200 day moving average is $191.61. Domino’s Pizza has a 52-week low of $143.47 and a 52-week high of $221.58. The company has a market cap of $8.97 billion, a PE ratio of 39.86 and a beta of 0.38.

A number of large investors have recently added to or reduced their stakes in DPZ. MCF Advisors LLC boosted its stake in Domino’s Pizza by 0.5% in the first quarter. MCF Advisors LLC now owns 879 shares of the restaurant operator’s stock valued at $162,000 after buying an additional 4 shares during the period. M Holdings Securities Inc. boosted its stake in Domino’s Pizza by 0.6% in the first quarter. M Holdings Securities Inc. now owns 3,263 shares of the restaurant operator’s stock valued at $601,000 after buying an additional 19 shares during the period. Nisa Investment Advisors LLC boosted its stake in Domino’s Pizza by 0.3% in the second quarter. Nisa Investment Advisors LLC now owns 11,947 shares of the restaurant operator’s stock valued at $2,528,000 after buying an additional 30 shares during the period. Tyers Asset Management LLC boosted its stake in Domino’s Pizza by 2.7% in the first quarter. Tyers Asset Management LLC now owns 1,840 shares of the restaurant operator’s stock valued at $339,000 after buying an additional 48 shares during the period. Finally, Elkfork Partners LLC boosted its stake in Domino’s Pizza by 2.7% in the first quarter. Elkfork Partners LLC now owns 2,530 shares of the restaurant operator’s stock valued at $466,000 after buying an additional 66 shares during the period. 98.91% of the stock is owned by institutional investors.

About Domino’s Pizza

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 and Estimates for Domino`s Pizza (NYSE:DPZ)

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