Domino’s Pizza (NYSE:DPZ) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 26th. Analysts expect Domino’s Pizza to post earnings of $1.77 per share for the quarter.
Domino’s Pizza (NYSE:DPZ) last released its earnings results on Tuesday, February 20th. The restaurant operator reported $2.09 EPS for the quarter, beating the Zacks’ consensus estimate of $1.94 by $0.15. The business had revenue of $891.50 million for the quarter, compared to analysts’ expectations of $904.79 million. Domino’s Pizza had a negative return on equity of 12.02% and a net margin of 9.97%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.48 earnings per share. On average, analysts expect Domino’s Pizza to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
DPZ opened at $239.48 on Tuesday. The firm has a market capitalization of $10,278.35, a P/E ratio of 41.27, a PEG ratio of 1.99 and a beta of 0.37. The company has a current ratio of 1.46, a quick ratio of 1.36 and a debt-to-equity ratio of -1.14. Domino’s Pizza has a 52 week low of $166.74 and a 52 week high of $243.80.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Thursday, March 15th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Wednesday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $0.46. Domino’s Pizza’s dividend payout ratio is currently 41.20%.
Domino’s Pizza declared that its board has approved a share buyback plan on Tuesday, February 20th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the restaurant operator to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
A number of research analysts recently commented on the company. Barclays increased their target price on Domino’s Pizza from $184.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, January 11th. Deutsche Bank raised their price objective on Domino’s Pizza to $220.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Nomura raised their price objective on Domino’s Pizza to $230.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Maxim Group raised their price objective on Domino’s Pizza from $240.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, Mizuho began coverage on Domino’s Pizza in a research note on Wednesday, January 24th. They set a “buy” rating and a $250.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Domino’s Pizza has a consensus rating of “Buy” and a consensus price target of $234.55.
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Domino’s Pizza Company Profile
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.
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