$2.66 Earnings Per Share Expected for Domino’s Pizza, Inc. (DPZ) This Quarter

Equities research analysts expect Domino’s Pizza, Inc. (NYSE:DPZ) to report earnings of $2.66 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Domino’s Pizza’s earnings, with estimates ranging from $2.56 to $2.74. Domino’s Pizza reported earnings per share of $1.94 during the same quarter last year, which would suggest a positive year-over-year growth rate of 37.1%. The company is scheduled to report its next earnings results before the market opens on Thursday, February 21st.

According to Zacks, analysts expect that Domino’s Pizza will report full year earnings of $8.45 per share for the current year, with EPS estimates ranging from $8.35 to $8.53. For the next year, analysts anticipate that the business will post earnings of $9.42 per share, with EPS estimates ranging from $8.98 to $9.67. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Domino’s Pizza.

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Several equities analysts recently issued reports on the company. Cowen assumed coverage on Domino’s Pizza in a research report on Friday, January 11th. They issued an “outperform” rating and a $290.00 target price on the stock. Wells Fargo & Co upped their target price on Domino’s Pizza from $238.00 to $263.00 and gave the company a “market perform” rating in a research report on Thursday. They noted that the move was a valuation call. UBS Group set a $285.00 target price on Domino’s Pizza and gave the company a “hold” rating in a research report on Sunday, January 20th. Zacks Investment Research raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $276.00 target price on the stock in a research report on Monday, January 14th. Finally, BTIG Research upped their target price on Domino’s Pizza to $335.00 and gave the company a “buy” rating in a research report on Friday, January 18th. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Domino’s Pizza has an average rating of “Buy” and an average price target of $280.55.

Shares of DPZ traded down $5.53 during midday trading on Tuesday, hitting $281.65. 823,197 shares of the company’s stock traded hands, compared to its average volume of 688,770. Domino’s Pizza has a 1 year low of $208.22 and a 1 year high of $305.34. The firm has a market cap of $11.72 billion, a PE ratio of 52.74, a P/E/G ratio of 1.78 and a beta of 0.67.

In other news, CEO Richard E. Allison, Jr. sold 5,000 shares of the stock in a transaction dated Thursday, November 29th. The shares were sold at an average price of $279.31, for a total transaction of $1,396,550.00. Following the sale, the chief executive officer now directly owns 44,864 shares of the company’s stock, valued at approximately $12,530,963.84. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.97% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. lifted its stake in Domino’s Pizza by 1.5% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,168 shares of the restaurant operator’s stock valued at $786,000 after buying an additional 48 shares in the last quarter. Brasada Capital Management LP lifted its stake in Domino’s Pizza by 5.0% in the 4th quarter. Brasada Capital Management LP now owns 1,618 shares of the restaurant operator’s stock valued at $401,000 after buying an additional 77 shares in the last quarter. Ffcm LLC lifted its stake in Domino’s Pizza by 91.1% in the 4th quarter. Ffcm LLC now owns 172 shares of the restaurant operator’s stock valued at $43,000 after buying an additional 82 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in Domino’s Pizza by 10.1% in the 3rd quarter. Great Lakes Advisors LLC now owns 929 shares of the restaurant operator’s stock valued at $274,000 after buying an additional 85 shares in the last quarter. Finally, CWM LLC lifted its stake in Domino’s Pizza by 613.3% in the 4th quarter. CWM LLC now owns 107 shares of the restaurant operator’s stock valued at $27,000 after buying an additional 92 shares in the last quarter. 90.26% of the stock is currently owned by institutional investors and hedge funds.

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 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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