Domino's stock falls despite 3Q sales growth

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Their EPS should be compared to other companies in the Services sector.

Domino's Pizza Group Plc (DOM.L)'s Triple Exponential Moving Average has been spotted as trending higher over the past five bars, suggesting that momentum is building for the shares. A stock that maintains a relatively stable price has low volatility. Turning to some additional trading technicals, Domino's Pizza Inc (DPZ) now has a 50-day moving average of 191.97, the 200-day is at 190.24, and the 7-day is 204.36.

Looking at the stock's movement on the chart, Domino's Pizza, Inc. have shares float of 13.48%. Domino's Pizza, Inc. (NYSE:DPZ) current has a Beta score of 0.41.

Short traders are feeling a little more bullish on shares of Domino's Pizza Inc as indicated by the change in short interest. Domino's Pizza Group PLC. Bank of New York Mellon Corp now owns 615,384 shares of the restaurant operator's stock worth $130,174,000 after acquiring an additional 12,025 shares during the period.

"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 client note. Share performance for the month is now at 10.17%. Domino's Pizza Group PLC had 102 analyst reports since July 24, 2015 according to SRatingsIntel.

Zacks Investment Research lowered Domino's Pizza from a "buy" rating to a "hold" rating in a report on Wednesday, August 23rd. Barclays Capital maintained Domino's Pizza Group PLC. They set a "neutral" rating and a $200.00 price objective on the stock. Beaufort Securities maintained the stock with "Buy" rating in Thursday, October 15 report. (NYSE:JNPR). At the time of writing, the First Call consensus price target for the company is $31.06. Domino's Pizza, Inc.'s P/E ratio is 41.61. The company had a trading volume of 2,216,640 shares.


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

Domino's Pizza Inc. on Thursday reported third-quarter earnings of $56.4 million.

Shareholders can expect a return on equity of -13.30%. The company had revenue of $643.60 million during the quarter, compared to analysts' expectations of $627.85 million. The dividend was $0.460 per share for the quarter or $1.84 on an annualized basis. The business's quarterly revenue was up 13.6% compared to the same quarter a year ago.

In terms of earnings per share, 19 analysts have a 1.96 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 14 analysts have a 1.50 EPS mean target and for the quarter ending Mar-18 there are 20 estimates of 5.70 EPS.

Domino's Pizza announced that its Board of Directors has authorized a share repurchase program on Wednesday, August 2nd that authorizes the company to repurchase $1.25 billion in shares.

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