DPC (NYSE:DPC) Shares Gap Up on Earnings Beat

Key Points

• DPC beat quarterly earnings expectations, reporting EPS of $0.49 versus the $0.15 consensus, on revenue of $308.1 million.
• Shares opened at $33.08, up from the prior close of $31.68, after the earnings announcement; the stock was last trading at $33.04.
• DPC set FY 2027 EPS guidance of $1.00–$1.10. Analysts’ consensus rating is Hold, with an average price target of $50.30.

DPC Holdings PLC (NYSE:DPC - Get Free Report) shares gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $31.68, but opened at $33.08. DPC shares last traded at $33.04, with a volume of 295,685 shares changing hands.

The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.34. The company had revenue of $308.10 million during the quarter. DPC has set its FY 2027 guidance at 1.000-1.100 EPS.

Wall Street Analyst Weigh In

A number of research firms recently commented on DPC. Rothschild & Co Redburn assumed coverage on DPC in a research report on Monday, July 20th. They issued a "buy" rating and a $53.50 target price on the stock. Morgan Stanley cut their price target on DPC from $59.00 to $43.00 and set an "equal weight" rating for the company in a report on Friday, October 16th. Weiss Ratings downgraded DPC from a "sell (d)" rating to a "sell (d-)" rating in a research note on Wednesday, October 28th. Wall Street Zen cut DPC from a "hold" rating to a "sell" rating in a report on Saturday, September 19th. Finally, Zacks Research raised DPC to a "hold" rating in a report on Tuesday, July 21st. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $50.30.

Hedge Funds Weigh In On DPC

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp bought a new position in shares of DPC in the 3rd quarter valued at about $9,025,000. First Eagle Investment Management LLC increased its stake in DPC by 102.5% during the third quarter. First Eagle Investment Management LLC now owns 98,933 shares of the company's stock worth $4,181,000 after acquiring an additional 50,067 shares during the last quarter. Royce & Associates LP purchased a new stake in DPC during the third quarter valued at approximately $6,294,000. William Blair Investment Management LLC raised its position in DPC by 197.1% during the third quarter. William Blair Investment Management LLC now owns 1,901,643 shares of the company's stock valued at $80,363,000 after purchasing an additional 1,261,638 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of DPC by 470.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 11,274 shares of the company's stock valued at $476,000 after purchasing an additional 9,297 shares during the last quarter.

DPC Trading Up 4.3%

The company has a market capitalization of $4.94 billion and a price-to-earnings ratio of 660.70. The company has a quick ratio of 1.22, a current ratio of 1.48 and a debt-to-equity ratio of 0.12. The firm's 50 day moving average is $35.89.

DPC Company Profile

DPC Dash Limited operates Domino's Pizza restaurants in China under a master franchise arrangement. Its business includes preparing and selling pizzas and other menu items through company-operated stores, along with delivery and carryout services. The company serves customers in mainland China, where it has expanded its restaurant network across multiple cities. Its operations focus on adapting Domino's menu and service model to local markets while maintaining the brand's core offerings. DPC Dash was established in 2010 and is headquartered in Shanghai, China.

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