Domino's Starts Delivering Pizza To Florida Beaches

Domino's Pizza (DPZ) Holdings Trimmed by Elkfork Partners LLC

Six analysts have made estimates for Domino's Pizza's earnings, with estimates ranging from $672.99 million to $692.59 million. The institutional investor held 14,310 shares of the apparel company at the end of 2017Q4, valued at $1.96M, down from 37,160 at the end of the previous reported quarter. (NYSE:DPZ) to report earnings on April, 26.

Domino's told Reuters that it has no immediate plans to hire additional drivers, and that about 60 percent of its orders are digital and Domino's delivers about 65 percent of overall orders. Analysts are predicting 16.14% for the company next year.

Restaurant delivery companies GrubHub Inc, UberEats and DoorDash, the latter of which has raised funding totaling $722 million, are in a fierce battle to win the segment that was once the domain of national pizza chains like Domino's, Papa John's and Yum Brands' Pizza Hut.

Domino's Pizza (NYSE:DPZ) last released its quarterly earnings results on Tuesday, February 28th. The firm is yielding 35.00% return on assets and -12.10% return on equity. The company had revenue of $891.50 million during the quarter, compared to the consensus estimate of $904.79 million. In taking a look at recent performance, we can see that shares have moved -0.49% over the past week, 1.61% over the past 4-weeks, 10.07% over the past half year and 32.13% over the past full year. On average, analysts anticipate that Domino's Pizza, Inc. will post $5.22 EPS for the current fiscal year.

Several research analysts have commented on the stock. On Thursday, January 4 the stock has "Buy" rating by Oppenheimer. Deutsche Bank restated a "hold" rating and issued a $235.00 target price on shares of Domino's Pizza in a research report on Wednesday, April 4th. Maxim Group lifted their target price on shares of Domino's Pizza from $240.00 to $250.00 and gave the company a "buy" rating in a report on Thursday, January 11th. A quick search of our own revealed that they even include schools and churches on their hotspot list, a clever move given the appetites of teenagers. Morgan Stanley reiterated an "equal weight" rating and set a $170.00 price objective (up from $155.00) on shares of Domino's Pizza in a research note on Saturday, January 14th. The stock of Domino's Pizza, Inc. Renaissance Technologies LLC now owns 3,286,400 shares of the restaurant operator's stock worth $620,998,000 after purchasing an additional 64,100 shares during the last quarter. Asset Management Group Inc sold 7,276 shares as the company's stock rose 20.07% while stock markets declined. New York-based Engineers Gate Manager Limited Partnership has invested 0.49% in Domino's Pizza, Inc. Synovus Financial Corp acquired a new position in shares of Domino's Pizza during the 3rd quarter valued at $206,000. Creative Planning now owns 1,420 shares of the company's stock valued at $216,000 after buying an additional 38 shares during the period. The stock decreased 1.92% or $3.12 during the last trading session, reaching $159.13. Moreover, Ancora Advisors Limited Company has 1.08% invested in Microsoft Corporation (NASDAQ:MSFT) for 236,897 shares. This repurchase authorization permits the restaurant operator to reacquire shares of its stock through open market purchases. Legal & General Grp Inc Public Ltd Company owns 209,335 shares. Investors of record on Thursday, March 15th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.96%. 3,000 shs valued at $683,346 were sold by Trojan Greg on Wednesday, March 14. Suvretta Cap Mngmt Lc has invested 1.36% in Domino's Pizza, Inc. Domino's Pizza's payout ratio is presently 41.20%.

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Domino's is expanding its delivery to the great outdoors. It operates through three segments: domestic stores, global franchise and supply chain.

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