Domino's Pizza (NYSE:DPZ) Releases Earnings Results, Beats Expectations By $0.12 EPS

Domino's Pizza (NYSE:DPZ - Get Free Report) issued its quarterly earnings data on Monday. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.46 by $0.12, Briefing.com reports. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.08 billion. Domino's Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business's revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $2.93 earnings per share.

Domino's Pizza Trading Up 0.4 %

NYSE DPZ traded up $2.14 during trading on Tuesday, hitting $529.27. The company had a trading volume of 1,299,814 shares, compared to its average volume of 595,506. Domino's Pizza has a one year low of $285.84 and a one year high of $542.75. The company has a market cap of $18.43 billion, a price-to-earnings ratio of 36.08, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. The company's fifty day moving average is $469.22 and its 200-day moving average is $420.72.

Domino's Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $1.51 dividend. The ex-dividend date is Friday, June 14th. This represents a $6.04 annualized dividend and a yield of 1.14%. Domino's Pizza's dividend payout ratio (DPR) is presently 41.17%.

Insider Activity at Domino's Pizza

In related news, EVP Cynthia A. Headen sold 108 shares of the business's stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Cynthia A. Headen sold 768 shares of the company's stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the sale, the executive vice president now owns 4,103 shares of the company's stock, valued at approximately $1,852,586.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the firm's stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. 0.81% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

DPZ has been the topic of several analyst reports. Gordon Haskett upgraded shares of Domino's Pizza from a "hold" rating to a "buy" rating and set a $467.00 price target on the stock in a report on Tuesday, January 16th. TD Cowen reiterated a "buy" rating and issued a $550.00 target price on shares of Domino's Pizza in a research note on Monday. Morgan Stanley boosted their target price on shares of Domino's Pizza from $485.00 to $515.00 and gave the company an "overweight" rating in a research note on Friday, April 12th. Royal Bank of Canada boosted their target price on shares of Domino's Pizza from $525.00 to $575.00 and gave the company an "outperform" rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Domino's Pizza from $555.00 to $580.00 and gave the company a "buy" rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, Domino's Pizza has a consensus rating of "Moderate Buy" and a consensus target price of $516.19.

About Domino's Pizza

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.