Domino’s Pizza Shares Soar as Stifel Turns Bullish
June 16, 2023
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Domino’s Pizza ($NYSE:DPZ), the largest pizza delivery company in the world, has seen a surge in its stock prices after Stifel, a financial services company, changed its stance to bullish. This has allowed them to continue serving customers while taking safety precautions. Stifel’s bullish stance on Domino’s Pizza stock has caused the price to rise considerably. Their Pizza Tracker, which allows customers to check the status of their order in real-time, has also been a key factor in their success. This growth has been driven by their commitment to technological innovation.
They have embraced digital platforms and launched campaigns that focused on convenience, such as their zero-click ordering app. Domino’s Pizza shares have soared after Stifel’s bullish stance, and many experts believe that this trend will continue as the company continues to expand its online presence. With its focus on technological innovation, and its commitment to customer satisfaction, Domino’s Pizza is well-positioned for continued growth in the future.
Stock Price
On Thursday, DOMINO’S PIZZA shares had a significant increase in price, with the stock opening at $320.0 and closing at $325.5, representing a 6.5% rise compared to the prior closing price of 305.7. Stifel analysts stated that Domino’s Pizza’s revenue in recent quarters have been impressive and the company has been making strides in expanding its digital presence and delivery capabilities. As such, they anticipated that the company’s growth will continue to be strong.
The bullish sentiment by Stifel pushed DOMINO’S PIZZA shares up significantly, resulting in the 6.5% increase in price on Thursday. Investors were pleased with the news, as evidenced by the stock’s performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Domino’s Pizza. More…
| Total Revenues | Net Income | Net Margin |
| 4.55k | 466.07 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Domino’s Pizza. More…
| Operations | Investing | Financing |
| 511.21 | -52.65 | -499.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Domino’s Pizza. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.64k | 5.79k | -117.22 |
Key Ratios Snapshot
Some of the financial key ratios for Domino’s Pizza are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.6% | 6.8% | 17.3% |
| FCF Margin | ROE | ROA |
| 9.2% | -11.8% | 29.9% |
Analysis
GoodWhale analyzes DOMINO’S PIZZA‘s financials and the Star Chart gives the result that it has a high health score of 8/10. This implies that the company is in a good position to weather any crisis without facing bankruptcy risk. We also classify DOMINO’S PIZZA as a ‘cow’ which suggests the company is capable of providing consistent and sustainable dividends. Therefore, investors who are looking for reliable and consistent dividend returns should find this company attractive. Furthermore, DOMINO’S PIZZA is strong in dividend and profitability, and medium in growth while it’s weak in assets. This combination of strengths and weaknesses indicate that the company can be a great option for investors who focus on profitability and dividend returns. More…
Peers
This paper will examine the competition between these four companies and the strategies they use to gain market share.
– Chipotle Mexican Grill Inc ($NYSE:CMG)
Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2020, the company had 2,727 restaurants, including 2,658 Chipotle restaurants in the United States; 37 Chipotle restaurants in Canada; 24 Chipotle restaurants in the United Kingdom; and 8 Chipotle restaurants in France. It also operated 9 Pizzeria Locale restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
– Yum Brands Inc ($NYSE:YUM)
Yum Brands Inc is a fast food company that owns Taco Bell, KFC, and Pizza Hut. Its market cap as of 2022 is 31.2 billion dollars and its ROE is -15.87%. The company has been struggling lately with same store sales declines and has been trying to turn things around by investing in digital ordering and delivery.
– Papa John’s International Inc ($NASDAQ:PZZA)
Papa John’s International Inc is a pizza chain with over 3,500 locations in over 45 US states and 35 countries. The company was founded in 1984 and is headquartered in Louisville, Kentucky. The company went public in 1993 and trades on the NASDAQ under the ticker symbol PZZA. Papa John’s has a market cap of $2.48 billion and a return on equity of -34.83%. The company has been struggling in recent years, with sales and profits declining. In 2020, the company announced it would be selling a minority stake to a private equity firm.
Summary
Domino’s Pizza has seen its stock price move up after an investing analysis from Stifel was released with a bullish outlook. The report highlighted the chain’s market share gains and improving operating margin, expecting the stock to continue to perform well as the business continues to grow. The focus on digital sales and delivery was also mentioned, with Stifel noting that Domino’s is well positioned to benefit from growth in this area, given the strong brand recognition and loyalty it enjoys. The bullish outlook, combined with the company’s strong financials, has given investors renewed confidence in the stock.
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