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Analysts set Domino's stock price target
Finbold· 2024-10-14 11:31
After Domino's Pizza (NYSE: DPZ) released its Q3 2024 earnings report on October 10, shares, which opened at $407.38, quickly reached a price of $429.67 by the closing bell on Friday, October 11. The stock is now in the green on the year-to-date (YTD) chart, having rallied by 3.91% over the course of that timeframe. A 5.47% surge like this isn't too noteworthy on its own — however, despite posting a strong beat in terms of earnings per share (EPS), DPZ failed to meet consensus estimates regarding revenue. O ...
Why Domino's Pizza Was Such a Tasty Stock on Friday
The Motley Fool· 2024-10-11 22:47
The market continued to be impressed by the previous day's convincing bottom-line beat. One trading session after Domino's Pizza (DPZ 5.12%) delivered its latest set of quarterly earnings figures, the company's shares zoomed more than 5% higher on Friday. A clutch of pundits tracking the stock weighed in on those results, and investors chose to accept the more positive takes. That 5%-plus share price rise was far higher than the 0.8% advance of the S&P 500 across the day. A powerful earnings beat For its th ...
Domino's Pizza: Q3 Earnings Highlight Challenges Heading Into 2025
Seeking Alpha· 2024-10-11 13:40
If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions. I last covered Domino's Pizza (NYSE: DPZ ) in May 2023, suggesting that shares were a buy thanks to a historically cheap valuation and upbeat growth prospects in international markets. Shares have rallied about 40% since then, making Ian leads the investing group Ian's Insider Cor ...
Domino's Pizza: Strong Financial Health Supports Rapid Dividend Growth
Seeking Alpha· 2024-10-11 01:27
The concept of collecting a dividend from companies that I am a consumer of triggers the endorphins in my brain and create a pleasant experience. The same can be said when eating a slice of pizza. It was a rainy night Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high ...
Domino's misses sales estimates amid shift by inflation-battered consumers to value meals
New York Post· 2024-10-10 18:46
Domino's Pizza announced Thursday it fell short of sales estimates in the third quarter as restaurant operators intensified their pursuit for price-conscious customers by doubling down on value offers. The world's largest pizza chain has revamped its reward program and enhanced its discount offerings, but it still faces challenges from fastfood rivals that can offer more affordable value meals. McDonald's, for example, brought back its fan-favorite $5 Meal Deal this summer and extended it the promo through ...
S&P Moves Lower; Domino's Pizza Posts Mixed Q3 Results
Benzinga· 2024-10-10 18:41
U.S. stocks traded lower toward the end of trading, with the S&P 500 falling around 0.3% on Thursday. The Dow traded down 0.36% to 42,360.40 while the NASDAQ fell 0.20% to 18,255.32. The S&P 500 also fell, dropping, 0.33% to 5,772.71. Check This Out: Netflix To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Thursday Leading and Lagging Sectors Energy shares jumped by 1.1% on Thursday. In trading on Thursday, real estate shares fell by 0.9%. Top Headline Domino's Pizza Inc DPZ reported mixed third-q ...
Domino's Q3 earnings mixed as pizza chain cuts sales guidance
Proactiveinvestors NA· 2024-10-10 16:13
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Domino’s Pizza(DPZ) - 2024 Q3 - Earnings Call Transcript
2024-10-10 15:57
Domino's Pizza, Inc. (NYSE:DPZ) Q3 2024 Earnings Conference Call October 10, 2024 8:30 AM ET Company Participants Greg Lemenchick - VP of IR Russell Weiner - CEO Sandeep Reddy - CFO Conference Call Participants David Tarantino - Baird David Palmer - Evercore ISI Brian Bittner - Oppenheimer Dennis Geiger - UBS John Ivankoe - JPMorgan Peter Saleh - BTIG Sara Senatore - Bank of America Gregory Francfort - Guggenheim Jon Tower - Citi Danilo Gargiulo - Bernstein Christine Cho - Goldman Sachs Chris O'Cull - Stife ...
Domino's Pizza Stock Delivers: A Hot Buy for Growth Investors
MarketBeat· 2024-10-10 15:21
Domino's Pizza Today | --- | --- | |-----------------------|-------| | | | | | | | DPZ Domino's Pizza | | | $419.73 | | | +6.53 (+1.58%) | | | 52-Week Range $332.13 | | | ▼ | | | $542.75 | | | Dividend Yield 1.44% | | | P/E Ratio 27.40 | | | Price Target $504.03 | | | | | Add to Watchlist Domino's Pizza NYSE: DPZ continues to face challenges but is navigating the conditions well. The Q3 results show that the Hungry for MORE strategy continues to pay off, setting the business up for accelerating growth and l ...
Domino's Q3 Earnings Beat Estimates, Revenues Miss, Stock Falls
ZACKS· 2024-10-10 14:50
Domino's Pizza, Inc. (DPZ) reported mixed third-quarter fiscal 2024 results. While its earnings beat the Zacks Consensus Estimate, revenues missed the same. The top and the bottom lines increased from the prior-year quarter's reported numbers. Following the announcement, the company's shares lost 2% in the pre-market trading session. Investor sentiment was negatively impacted by DPZ's fiscal 2024 guidance, which reflects the challenges of the macroeconomic environment and their effect on current business tr ...