Domino’s Pizza Inc. (NYSE:DPZ) – Equities researchers at KeyCorp upped their FY2016 earnings estimates for shares of Domino’s Pizza in a research note issued on Tuesday. KeyCorp analyst C. O’cull now expects that the firm will post earnings of $4.31 per share for the year, up from their previous estimate of $4.17. KeyCorp also issued estimates for Domino’s Pizza’s Q1 2017 earnings at $1.18 EPS, Q2 2017 earnings at $1.22 EPS, Q3 2017 earnings at $1.14 EPS, FY2017 earnings at $5.25 EPS and FY2018 earnings at $6.30 EPS.

A number of other equities analysts have also weighed in on DPZ. Nomura lowered Domino’s Pizza from a “buy” rating to a “neutral” rating and set a $135.00 target price on the stock. in a research note on Wednesday, June 22nd. Zacks Investment Research lowered Domino’s Pizza from a “hold” rating to a “sell” rating in a research note on Thursday, June 23rd. Vetr lowered Domino’s Pizza from a “buy” rating to a “hold” rating and set a $133.50 target price on the stock. in a research note on Thursday, June 30th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $139.00 target price on shares of Domino’s Pizza in a research note on Tuesday, July 19th. Finally, Numis Securities Ltd reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $150.50.

Earnings History and Estimates for Domino`s Pizza (NYSE:DPZ)

Domino’s Pizza (NYSE:DPZ) traded up 2.76% on Wednesday, hitting $163.85. 1,104,966 shares of the stock traded hands. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 44.10 and a beta of 0.81. Domino’s Pizza has a 12-month low of $100.59 and a 12-month high of $164.15. The firm’s 50-day moving average price is $151.48 and its 200-day moving average price is $137.95.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Tuesday, October 18th. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.06. Domino’s Pizza had a net margin of 8.45% and a negative return on equity of 11.59%. The business earned $566.70 million during the quarter, compared to analyst estimates of $339.32 million. During the same quarter last year, the firm posted $0.67 earnings per share. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 15th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 0.95%. The ex-dividend date was Tuesday, September 13th. Domino’s Pizza’s dividend payout ratio is currently 40.86%.

In related news, insider Richard E. Allison, Jr. sold 20,000 shares of the firm’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $146.92, for a total transaction of $2,938,400.00. Following the completion of the transaction, the insider now directly owns 42,080 shares of the company’s stock, valued at approximately $6,182,393.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James A. Goldman sold 3,095 shares of the firm’s stock in a transaction on Monday, July 25th. The stock was sold at an average price of $147.66, for a total value of $457,007.70. Following the transaction, the director now directly owns 15,167 shares of the company’s stock, valued at $2,239,559.22. The disclosure for this sale can be found here. Corporate insiders own 5.03% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Aperio Group LLC raised its position in Domino’s Pizza by 19.1% in the first quarter. Aperio Group LLC now owns 10,960 shares of the company’s stock valued at $1,445,000 after buying an additional 1,760 shares during the period. BlackRock Inc. raised its position in Domino’s Pizza by 55.4% in the first quarter. BlackRock Inc. now owns 67,434 shares of the company’s stock valued at $8,891,000 after buying an additional 24,035 shares during the period. BlackRock Group LTD raised its position in Domino’s Pizza by 56.5% in the first quarter. BlackRock Group LTD now owns 114,427 shares of the company’s stock valued at $15,089,000 after buying an additional 41,334 shares during the period. BlackRock Japan Co. Ltd acquired a new position in Domino’s Pizza during the first quarter valued at $111,000. Finally, JPMorgan Chase & Co. raised its position in Domino’s Pizza by 260.3% in the first quarter. JPMorgan Chase & Co. now owns 178,269 shares of the company’s stock valued at $23,507,000 after buying an additional 289,453 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

About Domino’s Pizza

Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.

5 Day Chart for NYSE:DPZ

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