They were partially offset by higher general and administration expenses from investments in technological initiatives and expenses related to Domino's recapitalization, where the company borrowed $1.9 billion and used a portion of the proceeds to repay its remaining debt under its 2012 fixed rate notes. It now has negative earnings. Domino's Pizza's dividend payout ratio (DPR) is 36.65%.
(DPZ) on Thursday reported third-quarter earnings of $56.4 million. DPZ's profit would be $59.37M giving it 42.53 P/E if the $1.23 EPS is correct.
Short traders are feeling a little more bullish on shares of Domino's Pizza Inc as indicated by the change in short interest. (LON:DOM) has 0.00% since October 11, 2016 and is. It has outperformed by 45.36% the S&P500. Adjusted diluted earnings per share rose by 19.3% to $1.27, beating the Street's estimate for $1.23 per share. Two Sigma Securities Llc owns 58,868 shares or 0.01% of their USA portfolio. Stifel Nicolaus began coverage on shares of Domino's Pizza in a research report on Monday, October 2nd. Bank of New York Mellon Corp now owns 615,384 shares of the restaurant operator's stock worth $130,174,000 after acquiring an additional 12,025 shares during the period. Days to cover decreased -1.0 to 6.0 and the percentage of shorted shares is 0.12% as of September 29. About 3.05 million shares traded or 59.69% up from the average.More news: CMA To Examine Fox/Sky Deal's Impact On Media Plurality, Broadcasting Standards
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Among 12 analysts covering Domino's Pizza Group PLC (LON:DOM), 5 have Buy rating, 2 Sell and 5 Hold. Therefore 46% are positive. $284.25's average target is 35.85% above currents $209.24 stock price. Domino's Pizza Group PLC had 102 analyst reports since July 24, 2015 according to SRatingsIntel. On Wednesday, August 16 the stock rating was maintained by Peel Hunt with "Buy". Barclays Capital maintained Domino's Pizza Group PLC. Wells Fargo & Company reaffirmed a "market perform" rating and set a $210.00 price objective (up previously from $204.00) on shares of Domino's Pizza in a report on Monday, October 2nd. Numis Securities has "Buy" rating and $1000 target. The firm has "Buy" rating by Numis Securities given on Wednesday, October 14. On Friday, August 11 the stock rating was maintained by Credit Suisse with "Outperform". (LON:DOM) rating on Wednesday, August 30. Domino's Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. (LON:DOM) rating on Friday, March 24.
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