Domino’s Pizza (DPZ) Scheduled to Release Earnings on Thursday

Domino’s Pizza (NYSE:DPZ) will issue its quarterly earnings data before the market opens on Thursday, October 10th. Analysts expect the company to announce earnings of $3.66 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the firm earned $3.08 earnings per share. Domino’s Pizza’s revenue for the quarter was up 7.1% compared to the same quarter last year. 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 $423.20 on Thursday. Domino’s Pizza has a fifty-two week low of $330.05 and a fifty-two week high of $542.75. The company’s 50 day moving average price is $422.94 and its two-hundred day moving average price is $471.45. The firm has a market capitalization of $14.76 billion, a P/E ratio of 27.62, a P/E/G ratio of 2.21 and a beta of 0.86.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date was Friday, September 13th. Domino’s Pizza’s dividend payout ratio is currently 39.43%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Oppenheimer reduced their price objective on shares of Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, September 6th. Stephens lowered their price objective on Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating for the company in a research note on Friday, July 19th. Guggenheim dropped their target price on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating on the stock in a report on Thursday, September 26th. Royal Bank of Canada decreased their price target on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating for the company in a report on Wednesday, July 24th. Finally, Loop Capital restated a “hold” rating and set a $419.00 price objective on shares of Domino’s Pizza in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $506.45.

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.