$2.96 EPS Expected for Domino’s Pizza, Inc. (NYSE:DPZ) This Quarter

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Brokerages forecast that Domino’s Pizza, Inc. (NYSE:DPZ) will report earnings per share (EPS) of $2.96 for the current quarter, Zacks reports. Nine analysts have issued estimates for Domino’s Pizza’s earnings, with the lowest EPS estimate coming in at $2.87 and the highest estimate coming in at $3.07. Domino’s Pizza posted earnings per share of $2.62 in the same quarter last year, which indicates a positive year over year growth rate of 13%. The company is expected to issue its next quarterly earnings results on Thursday, February 20th.

According to Zacks, analysts expect that Domino’s Pizza will report full year earnings of $9.40 per share for the current financial year, with EPS estimates ranging from $9.30 to $9.50. For the next fiscal year, analysts forecast that the company will post earnings of $10.50 per share, with EPS estimates ranging from $10.05 to $10.84. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Domino’s Pizza.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, October 8th. The restaurant operator reported $2.05 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.01). Domino’s Pizza had a negative return on equity of 12.92% and a net margin of 10.79%. The firm had revenue of $820.81 million during the quarter, compared to analyst estimates of $827.23 million. During the same quarter in the prior year, the company posted $1.95 EPS. The company’s quarterly revenue was up 4.4% on a year-over-year basis.

Several brokerages have commented on DPZ. Citigroup lowered their price target on Domino’s Pizza from $286.00 to $285.00 and set a “neutral” rating on the stock in a report on Wednesday, October 16th. Longbow Research set a $320.00 price target on Domino’s Pizza and gave the company a “buy” rating in a report on Monday, August 26th. Wedbush reiterated an “outperform” rating and set a $280.00 price target on shares of Domino’s Pizza in a report on Friday, October 4th. MKM Partners set a $265.00 price target on Domino’s Pizza and gave the company a “hold” rating in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. increased their price target on Domino’s Pizza from $265.00 to $275.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $288.68.

NYSE:DPZ opened at $278.66 on Tuesday. Domino’s Pizza has a 52 week low of $220.90 and a 52 week high of $302.05. The stock’s 50 day moving average price is $259.39 and its 200 day moving average price is $261.45. The company has a market capitalization of $11.37 billion, a P/E ratio of 33.10, a P/E/G ratio of 2.01 and a beta of 0.48.

In other news, Director James A. Goldman sold 2,486 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $279.98, for a total value of $696,030.28. Following the sale, the director now owns 5,209 shares in the company, valued at $1,458,415.82. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.62% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Domino’s Pizza by 0.8% in the second quarter. Vanguard Group Inc. now owns 3,760,490 shares of the restaurant operator’s stock worth $1,046,469,000 after acquiring an additional 31,216 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Domino’s Pizza by 47.7% in the second quarter. Price T Rowe Associates Inc. MD now owns 931,724 shares of the restaurant operator’s stock worth $259,280,000 after acquiring an additional 300,755 shares during the last quarter. Wells Fargo & Company MN lifted its position in Domino’s Pizza by 78.1% in the second quarter. Wells Fargo & Company MN now owns 858,292 shares of the restaurant operator’s stock worth $238,845,000 after purchasing an additional 376,248 shares during the period. Fisher Asset Management LLC lifted its position in Domino’s Pizza by 3.0% in the second quarter. Fisher Asset Management LLC now owns 811,558 shares of the restaurant operator’s stock worth $225,840,000 after purchasing an additional 23,385 shares during the period. Finally, Invesco Ltd. lifted its position in Domino’s Pizza by 78.0% in the second quarter. Invesco Ltd. now owns 727,307 shares of the restaurant operator’s stock worth $202,395,000 after purchasing an additional 318,789 shares during the period. Institutional investors and hedge funds own 95.92% of the company’s stock.

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

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