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

Domino’s Pizza (NASDAQ:DPZ) posted its quarterly earnings results on Monday. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate of $4.93 by ($0.04), Zacks reports. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%.

Domino’s Pizza Price Performance

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Oppenheimer upped their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Barclays cut their price objective on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research report on Friday, January 24th. Morgan Stanley cut their price objective on shares of 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. Finally, Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $505.67.

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.