Brokerages expect Domino’s Pizza, Inc. (NYSE:DPZ) to announce $822.39 million in sales for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Domino’s Pizza’s earnings, with estimates ranging from $812.66 million to $826.00 million. Domino’s Pizza posted sales of $785.97 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The company is expected to issue its next earnings report on Tuesday, October 15th.

On average, analysts expect that Domino’s Pizza will report full-year sales of $3.61 billion for the current fiscal year, with estimates ranging from $3.58 billion to $3.63 billion. For the next fiscal year, analysts expect that the company will report sales of $3.91 billion, with estimates ranging from $3.86 billion to $3.98 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that follow Domino’s Pizza.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 EPS for the quarter, topping the consensus estimate of $2.00 by $0.19. The firm had revenue of $811.65 million during the quarter, compared to analysts’ expectations of $834.87 million. Domino’s Pizza had a negative return on equity of 12.81% and a net margin of 10.83%. Domino’s Pizza’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business earned $1.84 earnings per share.

Several research analysts recently commented on DPZ shares. FIG Partners reaffirmed an “outperform” rating and issued a $310.00 target price (up from $280.00) on shares of Domino’s Pizza in a research report on Thursday, April 25th. Stephens reduced their target price on Domino’s Pizza from $325.00 to $300.00 and set an “overweight” rating for the company in a research report on Wednesday, July 17th. Goldman Sachs Group started coverage on Domino’s Pizza in a research report on Monday, July 29th. They issued a “neutral” rating and a $280.00 target price for the company. OTR Global cut Domino’s Pizza to a “positive” rating and set a $280.00 target price for the company. in a research report on Wednesday, July 10th. Finally, Morgan Stanley reduced their target price on Domino’s Pizza from $305.00 to $287.00 and set an “overweight” rating for the company in a research report on Wednesday, July 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $292.65.

DPZ stock traded up $2.06 during midday trading on Thursday, hitting $234.95. The stock had a trading volume of 652,900 shares, compared to its average volume of 859,258. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 27.90, a P/E/G ratio of 1.67 and a beta of 0.46. Domino’s Pizza has a 52 week low of $231.28 and a 52 week high of $305.34. The stock has a 50-day simple moving average of $259.59 and a 200 day simple moving average of $266.55.

Hedge funds and other institutional investors have recently modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC increased its position in Domino’s Pizza by 34.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 31,408 shares of the restaurant operator’s stock worth $8,740,000 after purchasing an additional 8,055 shares during the period. Scholtz & Company LLC acquired a new stake in Domino’s Pizza in the second quarter worth about $2,812,000. UBS Group AG increased its position in Domino’s Pizza by 21.6% in the second quarter. UBS Group AG now owns 95,696 shares of the restaurant operator’s stock worth $26,630,000 after purchasing an additional 17,005 shares during the period. California Public Employees Retirement System increased its position in Domino’s Pizza by 6.4% in the second quarter. California Public Employees Retirement System now owns 239,884 shares of the restaurant operator’s stock worth $66,755,000 after purchasing an additional 14,458 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its position in Domino’s Pizza by 56.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 2,934 shares of the restaurant operator’s stock worth $816,000 after purchasing an additional 1,054 shares during the period. 97.17% of the stock is owned by institutional investors.

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 in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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

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