The Company, along with its partners, manages its resources through acquisitions and divestitures. Domino's Pizza Group PLC.
The company's bottom line was helped by the adoption of new accounting guidance that lowered the third quarter's provision for income taxes and boosted earnings per share by 7 cents to $1.27 on revenue of $643.6 million. DPZ's profit would be $59.37M giving it 42.53 P/E if the $1.23 EPS is correct.
The Ann Arbor, MI-based pizza chain operator and franchisor reported Q3 earnings per share (EPS) of $1.27, which was $0.04 better than the Wall Street consensus estimate of $1.23. Just one day after touching an annual high of $5.75, the drug stock was last seen 60% lower at $2.15 - within pennies of a new low.
Domino's Pizza, Inc. shares were unchanged in premarket trading Thursday. Beaufort Securities maintained the stock with "Buy" rating in Thursday, October 15 report.
About 1.51 million shares traded. Two Sigma Securities Llc owns 58,868 shares or 0.01% of their USA portfolio. The company was downgraded on Tuesday, August 2 by Barclays Capital.
But the performance wasn't enough for investors: Domino's stock was down more than 6 percent in pre-market trading. (LON:DOM) has 0.00% since October 11, 2016 and is. It has outperformed by 153.89% the S&P500. Therefore 46% are positive. $284.25's average target is 35.85% above currents $209.24 stock price.
Domino's Pizza, Inc., launched on July 30, 2002, is a pizza restaurant chain company. Finally, BidaskClub upgraded shares of Domino's Pizza from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, July 12th. (LON:DOM) has "Add" rating given on Wednesday, December 16 by Peel Hunt. (NYSE:DPZ) rating on Wednesday, October 14. Liberum Capital has "Sell" rating and GBX 250 target.
On October 4 analysts at Credit Suisse started covering DPZ with a rating of "Neutral". Berenberg maintained it with "Buy" rating and GBX 400 target in Friday, March 24 report. The rating was maintained by Berenberg on Wednesday, August 24 with "Buy". As per Monday, October 12, the company rating was maintained by Maxim Group.
Receive Domino's Pizza Inc News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Inc with MarketBeat.com's FREE daily email newsletter. (NYSE:DPZ), and drugmaker AcelRx Pharmaceuticals Inc (NASDAQ:ACRX). The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, January 20.