Analysts Anticipate Domino’s Pizza, Inc. (DPZ) Will Announce Earnings of $1.73 Per Share

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Analysts expect Domino’s Pizza, Inc. (NYSE:DPZ) to report earnings of $1.73 per share for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Domino’s Pizza’s earnings, with the highest EPS estimate coming in at $1.82 and the lowest estimate coming in at $1.66. Domino’s Pizza posted earnings per share of $1.27 in the same quarter last year, which indicates a positive year over year growth rate of 36.2%. The company is scheduled to issue its next earnings report on Thursday, October 11th.

According to Zacks, analysts expect that Domino’s Pizza will report full-year earnings of $8.31 per share for the current fiscal year, with EPS estimates ranging from $8.16 to $8.42. For the next fiscal year, analysts anticipate that the business will report earnings of $9.43 per share, with EPS estimates ranging from $9.15 to $9.70. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Domino’s Pizza.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, July 19th. The restaurant operator reported $1.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $0.10. The firm had revenue of $779.40 million for the quarter, compared to analysts’ expectations of $786.88 million. Domino’s Pizza had a net margin of 10.19% and a negative return on equity of 11.29%. The business’s quarterly revenue was up 24.0% on a year-over-year basis. During the same quarter last year, the company posted $1.32 EPS.

Several equities analysts recently commented on DPZ shares. Citigroup increased their target price on shares of Domino’s Pizza from $281.00 to $298.00 and gave the company a “neutral” rating in a report on Wednesday, August 8th. JPMorgan Chase & Co. increased their target price on shares of Domino’s Pizza from $260.00 to $270.00 and gave the company a “$271.75” rating in a report on Monday, July 23rd. Guggenheim reaffirmed a “buy” rating and set a $303.00 target price on shares of Domino’s Pizza in a report on Friday, July 20th. Stephens increased their target price on shares of Domino’s Pizza from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, July 20th. Finally, Zacks Investment Research lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Wednesday, July 4th. Ten analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Domino’s Pizza has an average rating of “Buy” and a consensus target price of $268.48.

In other Domino’s Pizza news, COO Russell J. Weiner sold 4,404 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $293.88, for a total value of $1,294,247.52. Following the sale, the chief operating officer now owns 13,738 shares of the company’s stock, valued at approximately $4,037,323.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider J Patrick Doyle sold 10,000 shares of the firm’s stock in a transaction on Friday, August 24th. The stock was sold at an average price of $295.32, for a total transaction of $2,953,200.00. Following the completion of the sale, the insider now directly owns 34,670 shares in the company, valued at approximately $10,238,744.40. The disclosure for this sale can be found here. In the last three months, insiders sold 40,004 shares of company stock worth $11,956,888. Insiders own 3.97% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. HRT Financial LLC bought a new stake in Domino’s Pizza in the 2nd quarter worth $212,000. Schroder Investment Management Group bought a new stake in Domino’s Pizza in the 2nd quarter worth $655,000. Advisors Asset Management Inc. lifted its position in shares of Domino’s Pizza by 34.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 9,810 shares of the restaurant operator’s stock worth $2,768,000 after purchasing an additional 2,518 shares during the period. HWG Holdings LP purchased a new stake in shares of Domino’s Pizza in the 2nd quarter worth about $1,670,000. Finally, Nomura Holdings Inc. purchased a new stake in shares of Domino’s Pizza in the 2nd quarter worth about $20,549,000. 92.96% of the stock is currently owned by institutional investors and hedge funds.

Shares of DPZ stock traded down $4.79 on Thursday, hitting $280.05. 738,314 shares of the company’s stock traded hands, compared to its average volume of 402,555. The company has a debt-to-equity ratio of -1.17, a quick ratio of 1.70 and a current ratio of 1.81. Domino’s Pizza has a one year low of $166.74 and a one year high of $305.34. The firm has a market cap of $11.94 billion, a P/E ratio of 40.46, a P/E/G ratio of 1.79 and a beta of 0.25.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Thursday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.20%.

Domino’s Pizza Company Profile

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

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

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