Equities research analysts predict that Domino’s Pizza, Inc. (NYSE:DPZ – Get Rating) will post $1.06 billion in sales for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Domino’s Pizza’s earnings, with estimates ranging from $1.01 billion to $1.10 billion. Domino’s Pizza reported sales of $1.03 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 2.9%. The business is scheduled to report its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that Domino’s Pizza will report full year sales of $4.58 billion for the current financial year, with estimates ranging from $4.40 billion to $4.66 billion. For the next fiscal year, analysts anticipate that the company will post sales of $4.90 billion, with estimates ranging from $4.72 billion to $4.98 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Domino’s Pizza.
Domino’s Pizza (NYSE:DPZ – Get Rating) last issued its earnings results on Thursday, April 28th. The restaurant operator reported $2.50 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.65). Domino’s Pizza had a negative return on equity of 11.66% and a net margin of 11.03%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the company posted $3.00 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis.
DPZ opened at $353.20 on Thursday. The firm has a 50-day simple moving average of $392.97 and a two-hundred day simple moving average of $457.37. Domino’s Pizza has a 52 week low of $335.63 and a 52 week high of $567.57. The company has a market capitalization of $12.73 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 1.96 and a beta of 0.71.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Tuesday, June 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 33.72%.
In related news, EVP Cynthia A. Headen sold 149 shares of Domino’s Pizza stock in a transaction that occurred on Wednesday, February 23rd. The shares were sold at an average price of $423.89, for a total transaction of $63,159.61. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Cynthia A. Headen sold 137 shares of Domino’s Pizza stock in a transaction that occurred on Monday, April 4th. The shares were sold at an average price of $397.00, for a total transaction of $54,389.00. Following the transaction, the executive vice president now directly owns 3,362 shares in the company, valued at $1,334,714. The disclosure for this sale can be found here. Company insiders own 1.12% of the company’s stock.
A number of hedge funds have recently modified their holdings of DPZ. Norges Bank purchased a new position in Domino’s Pizza during the fourth quarter valued at approximately $251,368,000. Allspring Global Investments Holdings LLC acquired a new stake in Domino’s Pizza in the fourth quarter valued at approximately $128,043,000. BlackRock Inc. boosted its stake in Domino’s Pizza by 6.5% in the fourth quarter. BlackRock Inc. now owns 3,539,785 shares of the restaurant operator’s stock valued at $1,997,609,000 after acquiring an additional 215,128 shares in the last quarter. Lord Abbett & CO. LLC acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $65,268,000. Finally, Voloridge Investment Management LLC acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $64,220,000. 92.84% of the stock is currently owned by institutional investors.
Domino’s Pizza Company Profile (Get Rating)
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through 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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