Domino’s Pizza Inc. (NYSE:DPZ) posted its quarterly earnings data on Tuesday. The company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.07. The company earned $566.70 million during the quarter, compared to analyst estimates of $339.32 million. Domino’s Pizza had a net margin of 8.45% and a negative return on equity of 11.59%.
Shares of Domino’s Pizza (NYSE:DPZ) opened at 152.01 on Tuesday. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 40.92 and a beta of 0.81. Domino’s Pizza has a 52 week low of $100.59 and a 52 week high of $155.10. The firm has a 50-day moving average of $151.21 and a 200 day moving average of $137.76.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were paid a $0.38 dividend. The ex-dividend date was Tuesday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.00%. Domino’s Pizza’s payout ratio is currently 40.86%.
In other news, insider Richard E. Allison, Jr. sold 20,000 shares of the company’s stock in a transaction on Friday, August 19th. The shares were sold at an average price of $146.92, for a total value of $2,938,400.00. Following the sale, the insider now directly owns 42,080 shares of the company’s stock, valued at approximately $6,182,393.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James A. Goldman sold 3,095 shares of the company’s stock in a transaction on Monday, July 25th. The shares were sold at an average price of $147.66, for a total transaction of $457,007.70. Following the completion of the sale, the director now directly owns 15,167 shares in the company, valued at $2,239,559.22. The disclosure for this sale can be found here. 5.03% of the stock is currently owned by company insiders.
Several large investors have recently bought and sold shares of DPZ. Compagnie Lombard Odier SCmA raised its stake in Domino’s Pizza by 850.0% in the second quarter. Compagnie Lombard Odier SCmA now owns 950 shares of the company’s stock worth $125,000 after buying an additional 850 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in Domino’s Pizza by 430.0% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,076 shares of the company’s stock worth $141,000 after buying an additional 873 shares in the last quarter. Sei Investments Co. raised its stake in Domino’s Pizza by 35.8% in the second quarter. Sei Investments Co. now owns 1,632 shares of the company’s stock worth $215,000 after buying an additional 430 shares in the last quarter. GAM Holding AG purchased a new stake in Domino’s Pizza during the second quarter worth approximately $216,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in Domino’s Pizza during the second quarter worth approximately $230,000. 95.55% of the stock is currently owned by institutional investors.
Several analysts have recently weighed in on DPZ shares. Nomura lowered shares of Domino’s Pizza from a “buy” rating to a “neutral” rating and set a $135.00 price objective for the company. in a report on Wednesday, June 22nd. Zacks Investment Research cut shares of Domino’s Pizza from a “hold” rating to a “sell” rating in a research note on Thursday, June 23rd. Vetr cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating and set a $133.50 price target on the stock. in a research note on Thursday, June 30th. Goldman Sachs Group Inc. reissued a “buy” rating and set a $139.00 price target on shares of Domino’s Pizza in a research note on Tuesday, July 19th. Finally, Numis Securities Ltd reissued a “buy” rating on shares of Domino’s Pizza in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the stock. Domino’s Pizza has a consensus rating of “Hold” and an average price target of $144.73.
Domino’s Pizza Company Profile
Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.
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