Domino’s Pizza (NYSE:DPZ – Get Free Report) announced its quarterly earnings data on Monday. The restaurant operator reported $3.58 EPS for the quarter, beating analysts’ consensus estimates of $3.46 by $0.12, Briefing.com reports. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm posted $2.93 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year.
Domino’s Pizza Price Performance
DPZ traded up $1.48 during midday trading on Tuesday, reaching $528.61. 45,467 shares of the company’s stock were exchanged, compared to its average volume of 580,014. Domino’s Pizza has a 1-year low of $285.84 and a 1-year high of $539.99. The stock has a market capitalization of $18.41 billion, a PE ratio of 35.93, a P/E/G ratio of 2.61 and a beta of 0.86. The business’s 50-day moving average price is $469.22 and its 200 day moving average price is $420.72.
Domino’s Pizza Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $6.04 dividend on an annualized basis and a yield of 1.14%. Domino’s Pizza’s payout ratio is 41.17%.
Insider Activity
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Sanford C. Bernstein raised Domino’s Pizza from an “underperform” rating to a “market perform” rating and increased their target price for the company from $330.00 to $370.00 in a report on Tuesday, January 9th. BMO Capital Markets increased their price target on shares of Domino’s Pizza from $535.00 to $575.00 and gave the company an “outperform” rating in a research note on Tuesday. Jefferies Financial Group boosted their price objective on shares of Domino’s Pizza from $455.00 to $480.00 and gave the stock a “hold” rating in a research report on Tuesday, April 16th. Citigroup boosted their price target on shares of Domino’s Pizza from $458.00 to $505.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $430.00 price objective (up previously from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $482.07.
Get Our Latest Research Report on DPZ
About Domino’s Pizza
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.
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