Brokers Offer Predictions for Domino's Pizza, Inc.’s FY2017 Earnings (DPZ)

Domino's Pizza, Inc. (NYSE:DPZ) – Jefferies Group lifted their FY2017 EPS estimates for Domino's Pizza in a research report issued to clients and investors on Friday. Jefferies Group analyst A. Slagle now anticipates that the restaurant operator will earn $5.77 per share for the year, up from their previous estimate of $5.75. Jefferies Group has a “Hold” rating on the stock. Jefferies Group also issued estimates for Domino's Pizza’s Q4 2017 earnings at $1.97 EPS, Q3 2018 earnings at $1.54 EPS, FY2018 earnings at $6.94 EPS and FY2019 earnings at $8.00 EPS.

Domino's Pizza (NYSE:DPZ) last issued its earnings results on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.05. The business had revenue of $643.60 million for the quarter, compared to analysts’ expectations of $627.85 million. Domino's Pizza had a negative return on equity of 12.59% and a net margin of 9.47%. The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.96 EPS.

Other research analysts have also recently issued reports about the company. Wells Fargo & Co restated a “market perform” rating and set a $210.00 target price (up from $204.00) on shares of Domino's Pizza in a report on Monday, October 2nd. Zacks Investment Research lowered shares of Domino's Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Maxim Group reaffirmed a “hold” rating and set a $220.00 price target on shares of Domino's Pizza in a research report on Friday, October 13th. Guggenheim reaffirmed a “buy” rating and set a $230.00 price target on shares of Domino's Pizza in a research report on Friday, October 13th. Finally, Stifel Nicolaus initiated coverage on shares of Domino's Pizza in a research report on Monday, October 2nd. They set a “buy” rating and a $235.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Domino's Pizza has a consensus rating of “Buy” and a consensus price target of $207.28.

Domino's Pizza (NYSE:DPZ) opened at $192.87 on Monday. The firm has a market capitalization of $8,239.07, a P/E ratio of 36.81, a PEG ratio of 1.96 and a beta of 0.37. Domino's Pizza has a twelve month low of $156.26 and a twelve month high of $221.58. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, December 14th. Domino's Pizza’s payout ratio is 35.11%.

In other Domino's Pizza news, CFO Jeffrey D. Lawrence sold 17,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $184.87, for a total value of $3,142,790.00. Following the sale, the chief financial officer now owns 26,841 shares of the company’s stock, valued at $4,962,095.67. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Russell J. Weiner sold 7,276 shares of the business’s stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $195.00, for a total value of $1,418,820.00. Following the completion of the sale, the insider now directly owns 17,563 shares in the company, valued at approximately $3,424,785. The disclosure for this sale can be found here. 3.57% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in DPZ. Sheaff Brock Investment Advisors LLC grew its stake in shares of Domino's Pizza by 1.3% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 1,996 shares of the restaurant operator’s stock worth $422,000 after acquiring an additional 25 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Domino's Pizza by 3.2% in the second quarter. MML Investors Services LLC now owns 1,405 shares of the restaurant operator’s stock worth $297,000 after acquiring an additional 44 shares in the last quarter. Mirador Capital Partners LP grew its stake in shares of Domino's Pizza by 3.5% during the second quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock worth $321,000 after purchasing an additional 55 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of Domino's Pizza by 12.2% during the second quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock worth $125,000 after purchasing an additional 64 shares in the last quarter. Finally, Commonwealth Bank of Australia grew its stake in shares of Domino's Pizza by 25.0% during the second quarter. Commonwealth Bank of Australia now owns 500 shares of the restaurant operator’s stock worth $105,000 after purchasing an additional 100 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

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Domino's Pizza Company Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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

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