Domino’s Pizza (NYSE:DPZ) Issues Quarterly Earnings Results

Domino’s Pizza (NYSE:DPZ) issued its quarterly earnings data on Thursday. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54, Briefing.com reports. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.18 earnings per share.

Domino’s Pizza Price Performance

Shares of NYSE DPZ opened at $408.75 on Friday. The firm’s 50 day simple moving average is $421.61 and its two-hundred day simple moving average is $469.81. Domino’s Pizza has a one year low of $332.13 and a one year high of $542.75. The stock has a market capitalization of $14.29 billion, a P/E ratio of 25.12, a PEG ratio of 2.23 and a beta of 0.86.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Friday, September 13th. Domino’s Pizza’s payout ratio is 37.12%.

Analyst Ratings Changes

DPZ has been the topic of a number of research analyst reports. Bank of America increased their target price on Domino’s Pizza from $577.00 to $582.00 and gave the stock a “buy” rating in a report on Friday, October 4th. TD Cowen decreased their price objective on shares of Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a report on Monday, September 16th. Piper Sandler lowered their target price on shares of Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating for the company in a research note on Monday. BMO Capital Markets reduced their price target on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 11th. Finally, Barclays dropped their price objective on shares of Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.03.

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.