Domino’s Pizza, Inc. [stckqut]DPZ[/stckqut] is trading up 71.29% versus 12-month low of 109.71 and stands -0.01% lower from its 1-year peak of $187.94. The consensus price target (PT) of $175.37 means that the market expects Company shares to increase by -5.8% in the short run. The sell-side target prices range from $150 to $221. In the last month the stock has moved in price 13.18%, with a one year change of 68.30%. The last trading session volume compares with the 565.94K average and market worth floats around 9.03B.
Domino’s Pizza, Inc. (NYSE:DPZ) gained 0.98% to reach at the trading price of $187.93 as it is set to release its next quarterly earnings report on February 28, 2017. Domino’s Pizza, Inc. stock trades in the range of $184.76 to $187.99 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $1.44 a share with $781.4M in revenue.
Domino’s Pizza, Inc. (DPZ) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Domino’s Pizza, Inc. to earn $1.14 per share (EPS) on revenue of $607.12M. The EPS consensus range is $1.1-$1.18 on revenue between $619.1M and $599.35M.
While if we look at the Earnings Track Record, Domino’s Pizza, Inc. (DPZ) managed to surpass quarterly earnings per share estimates in 9 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 75%. Last time the company reported, Domino’s Pizza, Inc. (DPZ) generated $0.96 in earnings per share, beating the consensus estimate of $0.90. Revenues hit $566.68M in the September 2017 quarter, which was above the consensus $542.58M projection. On the other hand, in the June 2017 quarter the company recorded a net $547.34M revenue with earnings per share of $0.98. Wall Street had anticipated $534.09M and $0.94, respectively. For comparison, there was a revenue of $539.17M and EPS of $0.89 in the March 2016 period.
Domino’s Pizza, Inc. (NYSE:DPZ) Analyst Insights
The buoyancy in the outlook of Domino’s Pizza, Inc. (DPZ) is getting weaker by the somewhat negative sentiment (2.50 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Hold. BofA/Merrill has been covering shares of DPZ, so it is most recent view is worth a look. In a research note issued on Jan 20, 2017, analysts at KeyBanc Capital Mkts lifted the stock to Overweight from Sector Weight. Another noteworthy analyst activity was recorded on Oct 14, 2016. BofA/Merrill Analysts lifted the stock to Buy from Underperform.