Domino’s Pizza, Inc. Forecasted to Earn FY2019 Earnings of $9.50 Per Share (NYSE:DPZ)

Domino’s Pizza, Inc. (NYSE:DPZ) – Equities researchers at Northcoast Research issued their FY2019 earnings per share (EPS) estimates for Domino’s Pizza in a research note issued to investors on Tuesday, February 11th. Northcoast Research analyst J. Sanderson forecasts that the restaurant operator will earn $9.50 per share for the year. Northcoast Research has a “Hold” rating on the stock. Northcoast Research also issued estimates for Domino’s Pizza’s Q4 2019 earnings at $3.05 EPS and FY2020 earnings at $10.11 EPS.

A number of other analysts have also recently commented on the company. Royal Bank of Canada began coverage on Domino’s Pizza in a research report on Monday, December 9th. They issued an “outperform” rating and a $337.00 price target for the company. Oppenheimer upped their price target on Domino’s Pizza from $295.00 to $325.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Goldman Sachs Group upgraded Domino’s Pizza from a “neutral” rating to a “buy” rating and upped their price target for the stock from $290.00 to $320.00 in a research report on Friday, February 7th. Guggenheim restated a “buy” rating and issued a $327.00 price target on shares of Domino’s Pizza in a research report on Wednesday, January 15th. Finally, Deutsche Bank restated a “sell” rating and issued a $208.00 price target on shares of Domino’s Pizza in a research report on Wednesday, October 30th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. Domino’s Pizza presently has a consensus rating of “Buy” and an average target price of $299.54.

Shares of DPZ opened at $291.60 on Thursday. The business has a 50-day simple moving average of $286.02 and a two-hundred day simple moving average of $266.56. The stock has a market cap of $11.76 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 1.89 and a beta of 0.52. Domino’s Pizza has a 52 week low of $220.90 and a 52 week high of $302.05.

Institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC boosted its stake in Domino’s Pizza by 26.4% during the third quarter. Global Retirement Partners LLC now owns 1,975 shares of the restaurant operator’s stock valued at $483,000 after buying an additional 413 shares during the last quarter. Private Ocean LLC bought a new position in Domino’s Pizza during the third quarter valued at approximately $30,000. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Domino’s Pizza by 1.5% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 183,293 shares of the restaurant operator’s stock valued at $44,832,000 after buying an additional 2,625 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Domino’s Pizza by 31.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,357 shares of the restaurant operator’s stock valued at $576,000 after buying an additional 558 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Domino’s Pizza by 23.9% during the third quarter. Squarepoint Ops LLC now owns 226,434 shares of the restaurant operator’s stock valued at $55,383,000 after buying an additional 43,642 shares during the last quarter. 95.13% of the stock is owned by institutional investors.

In related news, Director Andy Ballard sold 1,400 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $290.51, for a total transaction of $406,714.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.62% of the company’s stock.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Earnings History and Estimates for Domino`s Pizza (NYSE:DPZ)

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