News stories about Domino’s Pizza (NYSE:DPZ) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Domino’s Pizza earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the restaurant operator an impact score of 47.003592720794 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Domino’s Pizza (DPZ) traded down $0.33 during mid-day trading on Wednesday, hitting $176.55. 765,731 shares of the stock were exchanged, compared to its average volume of 932,879. Domino’s Pizza has a twelve month low of $156.26 and a twelve month high of $221.58. The company has a debt-to-equity ratio of -1.13, a current ratio of 1.49 and a quick ratio of 1.39. The firm has a market capitalization of $7,720.00, a P/E ratio of 33.35, a P/E/G ratio of 1.83 and a beta of 0.37.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.05. The business had revenue of $643.60 million during the quarter, compared to the consensus estimate of $627.85 million. Domino’s Pizza had a net margin of 9.47% and a negative return on equity of 12.59%. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 earnings per share. research analysts forecast that Domino’s Pizza will post 5.8 EPS for the current fiscal year.
Domino’s Pizza declared that its board has approved a share repurchase program on Wednesday, August 2nd that allows the company to repurchase $1.25 billion in shares. This repurchase authorization allows the restaurant operator to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.
Several brokerages have recently weighed in on DPZ. Zacks Investment Research lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Maxim Group restated a “hold” rating and issued a $200.00 price target on shares of Domino’s Pizza in a report on Tuesday, September 19th. Wells Fargo & Company restated a “market perform” rating and issued a $210.00 price target (up previously from $204.00) on shares of Domino’s Pizza in a report on Monday, October 2nd. Instinet restated a “neutral” rating and issued a $201.00 price target (up previously from $198.00) on shares of Domino’s Pizza in a report on Wednesday, October 4th. Finally, Stifel Nicolaus assumed coverage on shares of Domino’s Pizza in a report on Monday, October 2nd. They issued a “buy” rating and a $235.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $208.90.
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In other Domino’s Pizza news, insider Russell J. Weiner sold 7,276 shares of Domino’s Pizza stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $195.00, for a total value of $1,418,820.00. Following the completion of the transaction, the insider now owns 17,563 shares of the company’s stock, valued at $3,424,785. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.57% of the company’s stock.
About Domino’s Pizza
Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.
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