Domino’s Pizza (DPZ) to Release Earnings on Monday

Domino’s Pizza (NYSE:DPZ) is set to release its earnings data before the market opens on Monday, April 29th. Analysts expect Domino’s Pizza to post earnings of $3.46 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. Domino’s Pizza’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.43 earnings per share. 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 Price Performance

Shares of Domino’s Pizza stock opened at $473.55 on Monday. The firm has a market cap of $16.49 billion, a P/E ratio of 32.28, a P/E/G ratio of 2.47 and a beta of 0.86. The firm has a 50 day simple moving average of $460.83 and a 200 day simple moving average of $414.77. Domino’s Pizza has a fifty-two week low of $285.84 and a fifty-two week high of $508.44.

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $1.51 dividend. The ex-dividend date was Thursday, March 14th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.28%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.17%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DPZ shares. Morgan Stanley raised their price target on shares of Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, April 12th. Sanford C. Bernstein raised shares of Domino’s Pizza from an “underperform” rating to a “market perform” rating and raised their price target for the company from $330.00 to $370.00 in a report on Tuesday, January 9th. Barclays raised their price target on shares of Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a report on Tuesday, February 27th. Jefferies Financial Group lifted their target price on shares of Domino’s Pizza from $455.00 to $480.00 and gave the stock a “hold” rating in a report on Tuesday, April 16th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $430.00 target price (up previously from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $460.90.

Insider Activity

In other news, EVP Cynthia A. Headen sold 768 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Cynthia A. Headen sold 768 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the sale, the executive vice president now directly owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the sale, the executive vice president now directly owns 3,910 shares in the company, valued at $1,935,762.80. The disclosure for this sale can be found here. 0.76% of the stock is owned by company insiders.

Institutional Investors Weigh In On Domino’s Pizza

Several institutional investors have recently added to or reduced their stakes in DPZ. Studio Investment Management LLC lifted its position in Domino’s Pizza by 4.9% during the 4th quarter. Studio Investment Management LLC now owns 665 shares of the restaurant operator’s stock worth $230,000 after buying an additional 31 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Domino’s Pizza by 0.7% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 5,363 shares of the restaurant operator’s stock valued at $1,769,000 after purchasing an additional 36 shares during the period. Captrust Financial Advisors raised its holdings in shares of Domino’s Pizza by 2.7% in the 2nd quarter. Captrust Financial Advisors now owns 1,471 shares of the restaurant operator’s stock valued at $573,000 after purchasing an additional 38 shares during the period. Horizon Investments LLC raised its holdings in shares of Domino’s Pizza by 8.4% in the 2nd quarter. Horizon Investments LLC now owns 544 shares of the restaurant operator’s stock valued at $183,000 after purchasing an additional 42 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Domino’s Pizza by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,167 shares of the restaurant operator’s stock valued at $404,000 after purchasing an additional 46 shares during the period. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Company Profile

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.