Domino’s Pizza Inc (NYSE:DPZ) – Stock analysts at Jefferies Group boosted their FY2018 earnings per share (EPS) estimates for shares of Domino’s Pizza in a note issued to investors on Wednesday. Jefferies Group analyst A. Slagle now anticipates that the restaurant operator will post earnings per share of $6.75 for the year, up from their prior estimate of $6.20. Jefferies Group has a “Hold” rating and a $185.00 price objective on the stock.

Other research analysts have also issued reports about the stock. Guggenheim began coverage on shares of Domino’s Pizza in a research report on Friday, April 21st. They set a “buy” rating and a $192.00 price target for the company. BidaskClub downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Stephens raised shares of Domino’s Pizza from an “equal weight” rating to an “overweight” rating and dropped their price objective for the stock from $210.00 to $185.00 in a report on Wednesday, July 26th. Finally, Wells Fargo & Company assumed coverage on shares of Domino’s Pizza in a report on Tuesday, May 23rd. They set a “market perform” rating and a $210.00 price objective for the company. Twelve investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $196.56.

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Shares of Domino’s Pizza (DPZ) traded up 0.37% during midday trading on Monday, hitting $192.86. The company had a trading volume of 396,219 shares. Domino’s Pizza has a 12-month low of $143.47 and a 12-month high of $221.58. The company has a market capitalization of $9.31 billion, a price-to-earnings ratio of 38.33 and a beta of 0.35. The company’s 50-day moving average price is $206.66 and its 200 day moving average price is $192.38.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.09. The business had revenue of $628.61 million during the quarter, compared to analysts’ expectations of $609.87 million. Domino’s Pizza had a negative return on equity of 13.28% and a net margin of 9.40%. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.98 earnings per share.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio is presently 36.65%.

Domino’s Pizza announced that its board has authorized a stock repurchase program on Wednesday, August 2nd that allows the company to repurchase $1.25 billion in shares. This repurchase authorization allows the restaurant operator to repurchase up to 13.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Hedge funds have recently bought and sold shares of the company. MCF Advisors LLC increased its stake in Domino’s Pizza by 0.5% in the first quarter. MCF Advisors LLC now owns 879 shares of the restaurant operator’s stock valued at $162,000 after buying an additional 4 shares in the last quarter. M Holdings Securities Inc. increased its stake in Domino’s Pizza by 0.6% in the first quarter. M Holdings Securities Inc. now owns 3,263 shares of the restaurant operator’s stock valued at $601,000 after buying an additional 19 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Domino’s Pizza by 0.3% in the second quarter. Nisa Investment Advisors LLC now owns 11,947 shares of the restaurant operator’s stock valued at $2,528,000 after buying an additional 30 shares in the last quarter. Tyers Asset Management LLC increased its stake in Domino’s Pizza by 2.7% in the first quarter. Tyers Asset Management LLC now owns 1,840 shares of the restaurant operator’s stock valued at $339,000 after buying an additional 48 shares in the last quarter. Finally, Mirador Capital Partners LP increased its stake in Domino’s Pizza by 3.5% in the second quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock valued at $321,000 after buying an additional 55 shares in the last quarter. 98.55% of the stock is owned by institutional investors and hedge funds.

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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