Domino’s Pizza Group (DOM) Posts Earnings Results, Beats Expectations By $0.30 EPS

Domino’s Pizza Group (LON:DOM) announced its earnings results on Tuesday, August 7th. The company reported GBX 7.80 ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 7.50 ($0.10) by GBX 0.30 ($0.00), Bloomberg Earnings reports. Domino’s Pizza Group had a return on equity of 81.71% and a net margin of 17.82%.

LON:DOM traded up GBX 0.60 ($0.01) during trading hours on Friday, hitting GBX 291 ($3.75). 2,019,012 shares of the stock were exchanged, compared to its average volume of 2,470,000. Domino’s Pizza Group has a 52-week low of GBX 255.80 ($3.30) and a 52-week high of GBX 372.70 ($4.81).

The firm also recently declared a dividend, which will be paid on Friday, September 14th. Investors of record on Thursday, August 16th will be issued a GBX 4.05 ($0.05) dividend. This is a boost from Domino’s Pizza Group’s previous dividend of $3.75. The ex-dividend date is Thursday, August 16th. This represents a yield of 1.41%.

DOM has been the subject of a number of research reports. Goodbody initiated coverage on Domino’s Pizza Group in a research report on Tuesday, July 10th. They set a “buy” rating and a GBX 445 ($5.74) price target for the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 425 ($5.48) price target on shares of Domino’s Pizza Group in a research report on Wednesday, July 4th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 425 ($5.48) price target on shares of Domino’s Pizza Group in a research report on Tuesday, June 26th. Numis Securities reissued a “buy” rating on shares of Domino’s Pizza Group in a report on Tuesday, July 31st. Finally, Citigroup decreased their price objective on Domino’s Pizza Group from GBX 370 ($4.77) to GBX 310 ($4.00) and set a “neutral” rating for the company in a report on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Domino’s Pizza Group presently has a consensus rating of “Hold” and a consensus price target of GBX 384.78 ($4.96).

About Domino’s Pizza Group

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores in the United Kingdom, the Republic of Ireland, Switzerland, Luxembourg, and Liechtenstein. It also leases properties; and leases store equipment to franchisees. As of December 31, 2017, the company had 1,192 stores in the six European markets.

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