Equities analysts forecast that Domino’s Pizza, Inc. (NYSE:DPZ) will report earnings of $2.00 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Domino’s Pizza’s earnings, with the lowest EPS estimate coming in at $1.95 and the highest estimate coming in at $2.04. Domino’s Pizza posted earnings per share of $1.84 during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.7%. The company is expected to issue its next earnings results before the market opens on Tuesday, July 16th.
On average, analysts expect that Domino’s Pizza will report full year earnings of $9.32 per share for the current fiscal year, with EPS estimates ranging from $8.97 to $9.50. For the next year, analysts anticipate that the business will report earnings of $10.73 per share, with EPS estimates ranging from $9.91 to $11.11. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Domino’s Pizza.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Wednesday, April 24th. The restaurant operator reported $2.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.07 by $0.13. Domino’s Pizza had a negative return on equity of 12.38% and a net margin of 10.50%. The business had revenue of $835.96 million for the quarter, compared to analyst estimates of $852.59 million. During the same quarter in the prior year, the firm posted $2.00 EPS. The business’s quarterly revenue was up 6.4% compared to the same quarter last year.
In related news, CEO Richard E. Allison, Jr. sold 10,000 shares of the stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $279.19, for a total value of $2,791,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.62% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Standard Life Aberdeen plc raised its stake in Domino’s Pizza by 146.3% in the 4th quarter. Standard Life Aberdeen plc now owns 5,288 shares of the restaurant operator’s stock valued at $1,313,000 after purchasing an additional 3,141 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Domino’s Pizza by 2.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,304 shares of the restaurant operator’s stock valued at $1,067,000 after purchasing an additional 110 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Domino’s Pizza by 6.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 10,627 shares of the restaurant operator’s stock valued at $2,635,000 after purchasing an additional 615 shares during the last quarter. First Allied Advisory Services Inc. acquired a new position in Domino’s Pizza in the 4th quarter valued at $235,000. Finally, FMR LLC raised its stake in Domino’s Pizza by 51.2% in the 4th quarter. FMR LLC now owns 2,065,435 shares of the restaurant operator’s stock valued at $512,206,000 after purchasing an additional 699,502 shares during the last quarter. 97.03% of the stock is owned by hedge funds and other institutional investors.
Shares of DPZ stock opened at $278.28 on Friday. The firm has a market cap of $11.42 billion, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 2.03 and a beta of 0.53. The stock’s 50 day simple moving average is $280.88. Domino’s Pizza has a 1-year low of $231.28 and a 1-year high of $305.34.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.93%. The ex-dividend date was Thursday, June 13th. Domino’s Pizza’s dividend payout ratio is currently 30.88%.
About Domino’s Pizza
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.
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