This represents a $4.84 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Thursday, September 14th. Stockholders of record on Friday, September 15th will be given a $1.21 dividend. The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Domino’s Pizza’s revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.82 EPS. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.07 billion. Domino’s Pizza had a net margin of 10.49% and a negative return on equity of 11.24%. The restaurant operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.02. Domino’s Pizza has a twelve month low of $285.84 and a twelve month high of $409.95.ĭomino’s Pizza ( NYSE:DPZ – Get Free Report) last released its quarterly earnings data on Monday, July 24th. The stock has a market cap of $13.91 billion, a PE ratio of 29.97, a P/E/G ratio of 2.19 and a beta of 0.85. The business’s 50-day moving average price is $387.26 and its 200-day moving average price is $340.57. Shares of DPZ opened at $396.46 on Wednesday. Get Our Latest Analysis on DPZ Domino’s Pizza Stock Up 0.7 % Based on data from, the stock presently has a consensus rating of “Hold” and a consensus target price of $396.14. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have issued a buy rating to the stock. Finally, Jefferies Financial Group boosted their target price on Domino’s Pizza from $325.00 to $375.00 and gave the company a “hold” rating in a research note on Thursday, July 20th. Northcoast Research raised Domino’s Pizza from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Thursday, July 13th. Evercore ISI upped their price objective on shares of Domino’s Pizza from $360.00 to $420.00 and gave the company an “outperform” rating in a research note on Thursday, July 13th. Morgan Stanley upped their price objective on shares of Domino’s Pizza from $425.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, July 25th. BTIG Research raised their price objective on shares of Domino’s Pizza from $400.00 to $465.00 and gave the company a “buy” rating in a research report on Wednesday, July 19th. Here's a snapshot of how the markets look now.Several other research firms have also recently weighed in on DPZ. Seasoned investor Warren Buffett agrees that it's a smart place to begin, in part because they fluctuate with the market, making them less risky than individually selected stocks. If you are thinking about getting into investing, experts often advise starting with index funds, which hold every stock in an index, such as the S&P 500. While both Domino's and Google's shares have done well over the years, it's important to note that any individual stock can over- or under-perform, and past returns do not predict future results. That way, it can target consumers with promotions that will incentivize them to spend more when ordering.ĭomino's CEO Ritch Allison announced during Thursday's Q4 earnings call that the pizza chain will introduce new menu items this summer as a way to boost profits. Additionally, the pizza company aims to encourage customers to make their pizza orders online or via its app. In an effort to keep up with its delivery rivals, Domino's is working to expand its carryout sales and shorten delivery times by adding more U.S. same-store sales by 3.4% during Q4, beating the 2.3% Wall Street expected. Despite the pressure, Domino's grew its U.S. As a pizza delivery service, it's had to keep up with ever-growing pressure from others in the delivery space, such as UberEats and DoorDash. Today, Domino's has managed to stay successful even in the face of heavy competition. It also outperformed big-name companies during that period, including Amazon, Apple and Netflix. As part of its "Domino's Pizza Turnaround" campaign, the company heavily publicized the improvements it made to its recipe.įollowing this brand revamp, Domino's saw its stock gain more than 2,000% from 2010 to 2017. "Microwave pizza is far superior" and "Domino's tastes like cardboard" are just a few of the critical remarks customers made. In 2009, the company received so many poor reviews over its menu items that it decided to overhaul its business model. As a result, its shares soared 25% that day.īut Domino's hasn't always been doing well. Last week, Domino's reported its fourth-quarter earnings with news that it had beaten Wall Street expectations. Other than the fact that people clearly love pizza, this data shows that companies don't necessarily have to dominate a trendy industry to have a top-traded stock.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |