Domino’s Pizza (DPZ) Set to Announce Earnings on Thursday

by · The Cerbat Gem

Domino’s Pizza (NYSE:DPZ – Get Free Report) will release its earnings data before the market opens on Thursday, October 10th. Analysts expect Domino’s Pizza to post earnings of $3.66 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Domino’s Pizza (NYSE:DPZ – Get Free Report) last released its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company earned $3.08 earnings per share. Domino’s Pizza’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, analysts expect Domino’s Pizza to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Domino’s Pizza Stock Up 0.3 %

Shares of NYSE DPZ opened at $411.21 on Wednesday. Domino’s Pizza has a 52 week low of $332.13 and a 52 week high of $542.75. The stock has a market capitalization of $14.34 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The firm has a 50-day moving average price of $422.29 and a 200 day moving average price of $470.64.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $1.51 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.47%. Domino’s Pizza’s payout ratio is 39.43%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Baird R W raised Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Robert W. Baird dropped their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research report on Thursday, September 12th. Evercore ISI decreased their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday. Wedbush cut their price objective on Domino’s Pizza from $510.00 to $470.00 and set an “outperform” rating on the stock in a report on Friday, October 4th. Finally, TD Cowen dropped their target price on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $504.03.

Check Out Our Latest Report on Domino’s Pizza

About Domino’s Pizza

(Get Free Report)

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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