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Domino's Pizza, Inc. (DPZ) Q3 Earnings Top Estimates As Comps, Locations Grow

12 October 2017

Domino's Pizza, Inc is a pizza restaurant chain company. Therefore 46% are positive.

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. The stock has a 50 day moving average price of $192.64 and a 200-day moving average price of $196.16.

However, we believe a better-than-expected result already was being factored into the market, particularly in light of the much stronger-than-expected results from UK-based Domino's Pizza PLC (DOM.L - £338.10 - NR) reported earlier this week (comps up 8.1% in 3Q17 after being up only low-single-digits in 1H17). Instinet restated a "neutral" rating and set a $198.00 price target (up previously from $196.00) on shares of Domino's Pizza in a research note on Saturday, July 22nd. On Wednesday, December 14 the stock rating was maintained by Berenberg with "Buy".

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Since the start of the New Year, Domino's Pizza, Inc. Finally, Stephens raised Domino's Pizza from an "equal weight" rating to an "overweight" rating and cut their price objective for the company from $210.00 to $185.00 in a research report on Wednesday, July 26th. He still rates Domino's at Hold with a $200 price target.

Domino's Pizza (DPZ) opened at 209.24 on Thursday. (LON:DOM) rating on Friday, March 24. The company was downgraded on Tuesday, August 2 by Barclays Capital. Domino's Pizza earned a media sentiment score of 0.16 on Accern's scale. Investec maintained the stock with "Sell" rating in Tuesday, August 1 report.

Domino's Pizza announced that its Board of Directors has initiated a share buyback program on Wednesday, August 2nd that permits the company to buyback $1.25 billion in outstanding shares. As per Monday, October 12, the company rating was maintained by Maxim Group. The stock has climbed 37 percent in the last 12 months.

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Benchmark Capital Advisors holds 0.94% of its portfolio in Houston American Energy Corporation for 1.58 million shares. (NYSE:DPZ) to report $1.23 EPS on October, 17.They anticipate $0.27 EPS change or 28.13% from last quarter's $0.96 EPS. It has underperformed by 16.70% the S&P500.

Domino's Pizza, Inc is a pizza restaurant chain company. The company has market cap of $24.13 million. The Firm holds the franchise rights for the Domino's brand in the United Kingdom, Republic of Ireland, Switzerland, Liechtenstein and Luxembourg. The stock has a market capitalization of $9.62 billion, a P/E ratio of 39.6218 and a beta of 0.36. The Company operates through three segments: domestic stores, worldwide franchise and supply chain.

More news for Domino's Pizza Group PLC. (LON:DOM) news was published by Thestreet.com which published an article titled: "Domino's Pizza Group Launches Amazon Echo Ordering Service as UK Earnings Go Large" on July 25, 2017.

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Domino's Pizza, Inc. (DPZ) Q3 Earnings Top Estimates As Comps, Locations Grow