Domino’s Pizza Posted Weaker Than Expected Earnings Of 3rd Quarter
Domino’s Pizza, Inc. (NYSE:DPZ) shares slid 4% in premarket trade on Tuesday, after the company posted weaker than expected earnings for its fiscal third quarter.
The company said that it had net income of $86.5 million, or $2.05 a share, in the quarter to Sept.8, up from $84.1 million, or $1.95 a share, in the year earlier period. The revenue went up to $820.8 million, from $785.9 million. According to FactSet consensus was for EPS of $2.07 and the revenue of $823.0 million. Company’s U.S. same-store sales surged 2.4% as compared with a FactSet consensus for growth of 2.7%.
Domino’s unveiled a new set of performance estimates that is covering a two to three-year timeframe, and replaces the prior guidance that took a three to five year view. The company said that it expects global retail sales growth of 7% to 10% in the time span of two to three years, as compared with a prior forecast of 8% to 12% growth, over a span of three to five year frame.
It also expects the U.S. same store sales growth of about 2% to 5% as compared with 3% to 6% over the previous time frame.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the DPZ is 0.20%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the DPZ is 100.00%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that DPZ. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Domino’s Pizza, Inc. (NYSE:DPZ) is -10.77%.
Institutional transactions is the amount of a Domino’s Pizza, Inc. (NYSE:DPZ)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the DPZ is 2.10%.
A Services sector firm, Domino’s Pizza, Inc. (NYSE:DPZ) stock climbs 0.03% on Monday and when day-trade ended the stock finally concluded at $242.21 and number of shares that changed hands during the day are 2.01 Million. The number of shares DPZ stock currently held by all its shareholders are 41.44 and floated shares, the number of shares are available for trading in an open market on last trading day are 40.98. The average volume of shares for 3 months is 936.50 and DPZ stock value has moved between $220.19 – 302.76 in last one year.
The Domino’s Pizza, Inc. (NYSE:DPZ)’s latest earnings date is 10/8/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Domino’s Pizza, Inc. (NYSE:DPZ) is 38.30% and the profit margin is 10.80% and the stock has gained -2.33% in 2019 to date.
Domino’s Pizza, Inc. (NYSE:DPZ)’s monthly stock performance is 2.05%, the quarterly performance is -13.50%, the half year performance is calculated as -2.14%. The yearly performance of DPZ is -14.04%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Domino’s Pizza, Inc. (NYSE:DPZ) weekly volatility is measured as 2.06% and monthly volatility measured as 1.99%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. DPZ return on assets is 36.70%, the return on equity (ROE) of the Domino’s Pizza, Inc. (NYSE:DPZ) is -12.80%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and DPZ return on investment is 102.70%.
The price to earnings ratio is 26.99, price to sales ratio is 2.85, price to cash per share ration is 92.68, price to free cash flow is 42.28.
Analysts mean target price for Domino’s Pizza, Inc. (NYSE:DPZ) is $281.05 while analysts mean recommendation is 2.20. The current share price indicates that stock is -19.81% away from its one year high and is moving 9.65% ahead of its 52-week low. DPZ’s distance from 20 day simple moving average is -0.73% and distance from 50-Day simple moving average is 0.82%.