Domino's Pizza Inc DPZ:NYSE

Last Price$434.81NYSE Previous Close - Last Trade as of 7:00PM ET 1/21/22

Today's Change-17.46(3.86%)
Bid (Size)$425.00 (5)
Ask (Size)$434.81 (2)
Day Low / High$433.56 - 454.67
Volume986.3 K

Research Alert: CFRA Keeps Buy Opinion On Shares Of Domino's Pizza, Inc.

1:30PM ET 10/20/2021 MT Newswires
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our 12-month target price by $25 to $525 on P/E of 34x our '22 estimate, a notable premium vs. peers given DPZ's above-average sales and EPS growth prospects. We raise '21 and '22 EPS estimates by $0.53 and $0.34 to $13.69 and $15.46. While DPZ's Q3 results reflected further operating margin expansion, we note some bifurcation of its same-store sales growth in international markets at +8.8% (extending its positive streak to 111 quarters) vs. the U.S. at -1.9% (after 41 prior quarters of growth). DPZ cited lower order counts (on staffing challenges) in the U.S., likely to remain a near-term constraint across the restaurant industry even as DPZ's increased focus on the carryout business could help to ease such pressures. Meanwhile, with ample financial flexibility, an asset-light model, and continued focus on its shareholder return initiatives on the heels of accelerated share buybacks and relatively modest dividends (0.8%), DPZ could sustain a well above-average return on capital in the years ahead.