89.35 0.00 (0.00%)
After hours: 5:10PM EDT
|Bid||89.35 x 800|
|Ask||89.68 x 800|
|Day's range||89.05 - 90.15|
|52-week range||74.18 - 92.21|
|Beta (3Y monthly)||0.32|
|PE ratio (TTM)||19.00|
|Earnings date||31 Oct 2018 - 5 Nov 2018|
|Forward dividend & yield||1.44 (1.61%)|
|1y target est||91.17|
McDonald’s (MCD) will report third-quarter financial results before the market open on Tuesday, and Wall Street analysts and investors will be paying close attention same-store sales growth and performance of operational and technological initiatives.
Of the 21 analysts that cover Domino’s Pizza (DPZ), 57.1% are favoring “buys” on the stock as of October 16. The remaining 42.9% have given it “holds.” No analysts have given the stock “sell” ratings. As of the same day, analysts have given the stock an average price target of $294.84, representing a potential upside of 13.6% from its price of $259.63.
The contraction was the result of the company’s adoption of a new accounting standard and a lower operating margin in its supply chain. Increased delivery and labor costs lowered the segment’s operating margin. The operating margin of Domino’s company-owned restaurants was negatively affected by commodity inflation, higher labor costs, and an increase in insurance expenses.
In the third quarter, Domino’s Pizza (DPZ) posted revenue of $786.0 million, a rise of 22.1% from the $643.6 million it reported in the third quarter of 2017. Domino’s year-over-year revenue growth was primarily driven by its adoption of a new accounting standard, which contributed $82.5 million, and its higher supply chain revenue. Increased revenue from its company-owned restaurants and franchised restaurants also contributed to its revenue growth during the quarter.
Domino’s Pizza (DPZ) posted its third-quarter earnings results on October 16. The company reported adjusted EPS of $1.95 on revenue of $786.0 million. YoY (year-over-year), its EPS rose 53.5%, while its revenue rose 22.1%.
Domino’s (DPZ) is set to release its third-quarter earnings before market open on Tuesday, and both investors and Wall Street analysts will be paying close attention to the potential benefits from a competitor’s recent woes, same-store sales internationally and domestically and performance of delivery “Hotspots.”
Of the 23 analysts covering Domino’s Pizza (DPZ), 57.1% are favoring a “buy” as of October 10, and 42.9% are favoring a “hold.” Analysts have set an average price target of $296.42, which represents an upside potential of 7.8% from its stock price of $274.92. Since the announcement of Domino’s second-quarter earnings on July 19, many analysts have raised their price targets. On July 20, Jefferies raised its price target from $255 to $265.
For the third quarter of 2018, analysts expect Domino’s Pizza’s (DPZ) EPS to rise 37.5% to $1.75 compared to $1.27 in Q3 2017. EPS growth will most likely be driven by revenue growth, a lower effective tax rate, and share repurchases. Analysts are expecting Domino’s effective tax rate to fall from 33.6% in the third quarter of 2017 to 21.6% in the third quarter of 2018.
Domino’s Pizza (DPZ) is scheduled to announce its third-quarter earnings before the market opens on October 16. As of October 10, it was trading at $274.92, which represents a fall of 3.1% since the announcement of its second-quarter earnings on July 19.
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