Domino’s Pizza (NASDAQ:DPZ) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Domino’s Pizza (NASDAQ:DPZ) issued 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 business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino’s Pizza’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $4.48 earnings per share.

Domino’s Pizza Stock Down 2.0 %

Shares of DPZ opened at $462.37 on Monday. Domino’s Pizza has a 52 week low of $396.06 and a 52 week high of $542.75. The stock’s 50-day moving average price is $440.97 and its 200-day moving average price is $435.00. The company has a market capitalization of $15.97 billion, a price-to-earnings ratio of 28.40, a PEG ratio of 2.47 and a beta of 0.90.

Analyst Upgrades and Downgrades

DPZ has been the subject of several research analyst reports. Morgan Stanley decreased their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a report on Thursday. Oppenheimer upped their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Citigroup raised their target price on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $420.00 price objective on shares of Domino’s Pizza in a research note on Monday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and an average target price of $502.33.

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.