Domino’s Pizza (NASDAQ:DPZ) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Domino’s Pizza (NASDAQ:DPZ) posted its quarterly earnings results on Monday. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04), Zacks reports. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the firm earned $4.48 EPS.

Domino’s Pizza Trading Up 3.2 %

DPZ opened at $470.14 on Wednesday. The firm has a market capitalization of $16.23 billion, a PE ratio of 28.88, a PEG ratio of 2.47 and a beta of 0.90. Domino’s Pizza has a twelve month low of $396.06 and a twelve month high of $542.75. The firm’s 50-day moving average price is $441.59 and its 200 day moving average price is $435.35.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.48%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s dividend payout ratio is 37.10%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Robert W. Baird reduced their price target on shares of Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research report on Tuesday. Loop Capital dropped their price target on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a research note on Tuesday. Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a research report on Tuesday. Oppenheimer raised their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Finally, BMO Capital Markets upped their target price on Domino’s Pizza from $500.00 to $515.00 and gave the stock an “outperform” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $503.41.

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.