Domino’s Pizza (NASDAQ:DPZ) Posts Earnings Results, Misses Estimates By $0.04 EPS

Domino’s Pizza (NASDAQ:DPZ) released its quarterly earnings results on Monday. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04), Zacks reports. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $4.48 EPS.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $455.64 on Tuesday. Domino’s Pizza has a 1-year low of $396.06 and a 1-year high of $542.75. The firm has a market cap of $15.73 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The company has a 50-day moving average of $441.12 and a two-hundred day moving average of $435.12.

Analyst Ratings Changes

Several equities analysts have issued reports on DPZ shares. Citigroup increased their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Morgan Stanley lowered their price objective on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Loop Capital raised Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the company from $419.00 to $559.00 in a report on Friday, November 8th. TD Cowen reaffirmed a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research note on Monday. Finally, Barclays boosted their price target on Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $503.00.

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.