Jefferies Financial Group Weighs in on Domino’s Pizza, Inc.’s Q2 2021 Earnings (NYSE:DPZ)


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Domino’s Pizza, Inc. (NYSE:DPZ) – Investment analysts at Jefferies Financial Group dropped their Q2 2021 EPS estimates for Domino’s Pizza in a research note issued to investors on Tuesday, January 12th. Jefferies Financial Group analyst A. Slagle now expects that the restaurant operator will post earnings per share of $2.74 for the quarter, down from their previous estimate of $2.79. Jefferies Financial Group also issued estimates for Domino’s Pizza’s Q3 2021 earnings at $2.68 EPS, Q4 2021 earnings at $3.99 EPS and FY2021 earnings at $12.34 EPS.

A number of other research firms have also issued reports on DPZ. MKM Partners reduced their price objective on Domino’s Pizza from $445.00 to $440.00 and set a “neutral” rating for the company in a research report on Thursday, January 7th. Robert W. Baird boosted their target price on Domino’s Pizza from $440.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, September 18th. Evercore ISI initiated coverage on Domino’s Pizza in a research report on Thursday, December 17th. They set an “outperform” rating on the stock. Wedbush lifted their price target on Domino’s Pizza from $445.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, October 9th. Finally, Royal Bank of Canada lowered their target price on Domino’s Pizza from $458.00 to $455.00 and set an “outperform” rating on the stock in a research note on Friday, October 9th. Eleven analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. Domino’s Pizza has an average rating of “Buy” and an average target price of $419.93.

Shares of NYSE:DPZ opened at $381.86 on Thursday. Domino’s Pizza has a one year low of $270.08 and a one year high of $435.58. The business’s 50-day simple moving average is $388.45 and its 200 day simple moving average is $394.19. The company has a market cap of $15.05 billion, a P/E ratio of 32.72, a PEG ratio of 2.33 and a beta of 0.39.

In other Domino’s Pizza news, CFO Jeffrey D. Lawrence sold 4,690 shares of the firm’s stock in a transaction on Wednesday, December 23rd. The stock was sold at an average price of $403.53, for a total value of $1,892,555.70. Following the sale, the chief financial officer now directly owns 3,417 shares in the company, valued at $1,378,862.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.74% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Alpha LLC bought a new stake in shares of Domino’s Pizza during the third quarter valued at about $28,000. NEXT Financial Group Inc acquired a new stake in Domino’s Pizza in the 3rd quarter valued at about $30,000. CWM LLC raised its position in Domino’s Pizza by 76.2% in the 3rd quarter. CWM LLC now owns 111 shares of the restaurant operator’s stock valued at $47,000 after purchasing an additional 48 shares in the last quarter. North Star Investment Management Corp. purchased a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $53,000. Finally, Smithfield Trust Co. grew its stake in Domino’s Pizza by 127.3% during the 3rd quarter. Smithfield Trust Co. now owns 125 shares of the restaurant operator’s stock worth $53,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 82.97% 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 through 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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