Domino’s Pizza Streaks to 7th Consecutive Green Close
December 3, 2023
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Its stock has been on an impressive streak lately, with a positive close expected for the seventh consecutive trading session. This marks a remarkable period of growth for the company as its stock is buoyed by the demand for pizza delivery during the pandemic. This is due to the company’s strategic investments in digital technology, which have enabled Domino’s ($NYSE:DPZ) to meet the changing needs of customers during lockdown. The company has also seen a surge in demand for its products from customers in countries such as the United States, UK, Canada, and Australia. Domino’s has also benefited from increased consumer spending and a rise in takeout orders throughout the pandemic.
With their convenient delivery options, customers are able to enjoy the convenience and taste of Domino’s pizza from the comfort of their own homes. Domino’s stock has been able to maintain its streak of seven green closes despite the economic uncertainty caused by the pandemic. This is a testament to the company’s resilience and strength as it continues to serve customers around the world with its delicious pizzas. As people continue to stay home and order takeout, Domino’s is in a great position to continue its success into the future.
Price History
On Thursday, shares of Domino’s Pizza (DPZ) closed at $392.9, marking the 7th consecutive green close for the restaurant chain. The stock opened at $388.7, up 1.0% from its previous closing price of 388.9. Investors reacted positively to the company’s strong performance as it continued to post impressive quarterly earnings and ongoing digital initiatives.
Domino’s is pushing ahead to innovate and expand its customer base, and investors are taking notice. With this positive momentum driving the stock forward, Domino’s is poised to continue its streak of green closes well into the future. 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 |
| 4.47k | 520.13 | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Domino’s Pizza. More…
| Operations | Investing | Financing |
| 567.29 | -55 | -548.88 |
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 |
| 1.62k | 5.76k | -118.74 |
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 |
| 4.5% | 5.8% | 18.7% |
| FCF Margin | ROE | ROA |
| 10.5% | -12.5% | 32.2% |
Analysis
GoodWhale recently conducted an analysis of DOMINO’S PIZZA‘s fundamentals. Our findings, which were displayed on our Star Chart, showed that DOMINO’S PIZZA has a high health score of 8/10 with regard to its cashflows and debt, indicating that the company is capable of paying off its debt and funding future operations. Additionally, we classified DOMINO’S PIZZA as a ‘cow’, a type of company we consider to have a track record of paying out consistent and sustainable dividends. Given its strong dividend, profitability, and medium growth, DOMINO’S PIZZA is likely to attract investors seeking steady returns and long-term investments. Although its asset score is weak, this does not negate the potential this company has for investors. We believe DOMINO’S PIZZA is an excellent stock for those looking for a reliable dividend-paying company. 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 a consistent increase in its stock price in the last seven trading sessions. The stock is currently trading near its all-time high, having risen on a combination of positive earnings results, strong demand for delivery services, and improving customer sentiment. Analysts are expecting further upside in the company’s stock due to its strong fundamentals, solid balance sheet, and attractive long-term growth prospects.
Domino’s Pizza has also experienced favorable trends in key metrics such as sales, profit margin, and same-store sales growth. Investors should take advantage of the stock’s current momentum and consider adding or increasing their position in the company.
