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Domino's Pizza Inc. (DPZ) Is Down After Same Store Sales Disappoint

Domino's Pizza Inc. (DPZ) Is Down After Same Store Sales Disappoint

Domino's noted this was the 26th consecutive quarter of positive comps momentum in its domestic business.

The stock decreased 0.10% or $0.2 during the last trading session, hitting $211.84.

Domino's Pizza, Inc., launched on July 30, 2002, is a pizza restaurant chain company. The New York-based Blackrock Inc. has invested 0% in the stock. Liberum Capital maintained Domino's Pizza Group PLC. About 3.05 million shares traded or 59.69% up from the average.

The company's United Kingdom version DOM.L had stirred expectations of strong results by reporting a pick up in third-quarter sales on Tuesday, driven by online orders. Domino's Pizza, Inc.'s PEG is 2.21.

"In some ways, DPZ is a victim of its own success, as tremendous sales and margin performance makes it challenging to see where (the) upside will emerge going forward", Credit Suisse analyst Jason West wrote in a pre-earnings note. But that result, which topped Wall Street estimates as well as results from rival Pizza Hut (YUM.N) and other chains, was less robust than the 13.8 percent gain Domino's reported a year earlier. Domino's Pizza has $1000 highest and $102 lowest target. The stock of Domino's Pizza Group PLC. They set a "neutral" rating and a $200.00 price objective on the stock. On Wednesday, August 16 the stock rating was maintained by Peel Hunt with "Buy". On July 28, 2017 the stock rating was rated "Buy" by Longbow Research up from the previous "Neutral" rating. The company now has a consensus rating of "Hold" and a consensus price target of $199.46.

Company shares, which are trading near all-time highs, were down 4.6 percent to $199.70 in afternoon trading.

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

Domino's Pizza gapped open sharply lower this morning and is now down 9.21 at $200.03.

Another recent and important Domino's Pizza Group PLC.

The company's bottom line was helped by the adoption of new accounting guidance that lowered the third quarter's provision for income taxes and boosted earnings per share by 7 cents to $1.27 on revenue of $643.6 million. Return on assets is 34.00% and Return on equity (ROE) is -13.30% while it's Return on Investment (ROI) of 106.30%. Five analysts surveyed by Zacks expected $630.8 million. It now has negative earnings. The business's quarterly revenue was up 13.6% compared to the same quarter a year ago.

Heading into the earnings release, covering sell-side analysts have a consensus target price of $212.31 on Domino's Pizza, Inc. shares. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued. Stockholders of record on Friday, September 15th were paid a $0.46 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This dividend amount represented a yield of $0.93. Domino's Pizza's dividend payout ratio is now 36.65%. If you are viewing this article on another domain, it was stolen and reposted in violation of US and worldwide trademark and copyright laws. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/10/12/caxton-associates-lp-buys-new-holdings-in-dominos-pizza-inc-dpz.html.

Domino's Pizza Group plc is a United Kingdom pizza delivery company. "Higher same store sales and store count growth in both our domestic and worldwide markets also contributed to the increase in revenues", the company added. Its basic menu features pizza products in various sizes and crust types.