Brokerages Anticipate Domino’s Pizza, Inc. (NYSE:DPZ) to Post $2.06 Earnings Per Share
Equities analysts expect that Domino’s Pizza, Inc. (NYSE:DPZ) will report earnings of $2.06 per share for the current quarter, Zacks reports. Six analysts have made estimates for Domino’s Pizza’s earnings, with estimates ranging from $1.98 to $2.14. Domino’s Pizza reported earnings of $1.95 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 5.6%. The firm is expected to report its next quarterly earnings report on Tuesday, October 15th.
On average, analysts expect that Domino’s Pizza will report full year earnings of $9.44 per share for the current fiscal year, with EPS estimates ranging from $9.25 to $9.61. For the next fiscal year, analysts forecast that the business will post earnings of $10.67 per share, with EPS estimates ranging from $10.34 to $11.11. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that cover Domino’s Pizza.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.00 by $0.19. The firm had revenue of $811.65 million during the quarter, compared to analysts’ expectations of $834.87 million. Domino’s Pizza had a negative return on equity of 12.81% and a net margin of 10.83%. Domino’s Pizza’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.84 earnings per share.
In related news, CEO Richard E. Allison, Jr. sold 10,000 shares of the stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $279.19, for a total transaction of $2,791,900.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.62% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Field & Main Bank acquired a new stake in Domino’s Pizza in the 1st quarter worth about $32,000. NEXT Financial Group Inc boosted its stake in Domino’s Pizza by 85.7% in the 2nd quarter. NEXT Financial Group Inc now owns 130 shares of the restaurant operator’s stock worth $36,000 after buying an additional 60 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Domino’s Pizza in the 1st quarter worth about $37,000. Institutional & Family Asset Management LLC acquired a new stake in Domino’s Pizza in the 1st quarter worth about $58,000. Finally, Cornerstone Advisors Inc. boosted its stake in Domino’s Pizza by 36.2% in the 2nd quarter. Cornerstone Advisors Inc. now owns 207 shares of the restaurant operator’s stock worth $58,000 after buying an additional 55 shares during the last quarter. 96.82% of the stock is currently owned by institutional investors and hedge funds.
NYSE:DPZ traded down $6.58 during trading hours on Monday, hitting $252.48. The company’s stock had a trading volume of 1,172,500 shares, compared to its average volume of 847,467. The company has a 50-day moving average price of $272.68. The firm has a market capitalization of $10.68 billion, a P/E ratio of 29.99, a PEG ratio of 1.86 and a beta of 0.48. Domino’s Pizza has a 52-week low of $231.28 and a 52-week high of $305.34.
About Domino’s Pizza
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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