Saturday, 21 July, 2018

Why Investors Aren't Hungry for Domino's Earnings

Domino's CEO Investments In The Future Of Pizza Delivery Are Paying Off Why Investors Aren't Hungry for Domino's Earnings
Nellie Chapman | 12 October, 2017, 22:07

The fund bought 2,300 shares of the restaurant operator's stock, valued at approximately $487,000. Their EPS should be compared to other companies in the Services sector. On Thursday, despite surpassing Wall Street expectations for both profit and same-store sales in the third quarter, shares fell more than 6 percent in premarket trading. Beaufort Securities maintained the stock with "Buy" rating in Thursday, October 15 report. The New York-based Blackrock Inc. has invested 0% in the stock. Renaissance Technologies LLC grew its holdings in Domino's Pizza by 43.7% during the second quarter. About 3.05 million shares traded or 59.69% up from the average.

The third quarter was an excellent example of us simply continuing to do what we do best: executing on our long-term strategy, relying upon our strong fundamentals and aligning with our outstanding USA and global operators to turn in another quarter of phenomenal results. Below is a list of Domino's Pizza Group PLC. (NYSE:DPZ) has risen 62.06% since October 12, 2016 and is uptrending.

Domino's shares have gained 31.3 percent this year, including a 10 percent jump in the past month, as the company outperformed rivals such as Yum Brands' YUM.N Pizza Hut. Domino's Pizza has $1000 highest and $102 lowest target. Zacks Investment Research lowered Domino's Pizza from a "buy" rating to a "hold" rating in a report on Wednesday, August 23rd. Domino's Pizza, Inc.'s EPS is 5.03. They set a "neutral" rating and a $200.00 price objective on the stock. The firm has "Buy" rating by Maxim Group given on Friday, August 28. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Shares of Domino's were last seen down about 4.8% at $199.20, with a consensus analyst price target of $212.31 and a 52-week range of $149.67 to $221.58. (DPZ). Trading was heavy with 1,828,467 shares changing hands by the end of trading on Monday. 2,249,792 shares of the company were exchanged. The stock has a 50 day moving average price of $192.64 and a 200 day moving average price of $196.16.

Beta is used to measure a stock's price volatility relative to the market.

In an analyst note revealed to investors this morning, Credit Suisse reconfirmed their Outperform rating on Domino's Pizza Group (LON:DOM) shares.

Domino's Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.23 by $0.04, reports.

Shareholders can expect a return on equity of -13.30%.