Boasting a market cap of $14.7 billion, Domino's Pizza, Inc. (DPZ) is a global leader in the pizza delivery and quick-service restaurant industry. Headquartered in Ann Arbor, Michigan, the company offers a diverse menu of innovative products and solutions to serve key markets, including residential, corporate, and on-the-go consumers.
Companies valued at over $10 billion are often categorized as “large-cap stocks,” a distinction Domino’s Pizza exemplifies through its strong market presence. Domino’s Pizza's commitment to innovation in food delivery, leveraging technology to enhance customer convenience, and maintaining a consistent focus on quality and service underscores its resilience, adaptability, and capacity to thrive in the competitive and ever-evolving global quick-service restaurant industry.
Domino's Pizza's shares are down 21.5% from their 52-week high of $542.75, achieved on Apr. 30. Over the past three months, the stock has gained 2.8%, outperforming the broader Dow Jones Industrials Average’s ($DOWI) 1.9% gains over the same time frame.
Over the past 52 weeks, DPZ stock rose 5.7%, but it has declined by 18.8% over the past six months, significantly underperforming the Dow, which gained 9.5% in the last six months and delivered a 15.5% return over the past year.
In recent sessions, DPZ has exhibited bearish momentum, trading below its 50-day and 200-day moving averages.
Domino's Pizza saw a 15.1% rally in November, fueled by Berkshire Hathaway's newly disclosed stake and positive analyst upgrades, reflecting strong same-store sales expectations and the company's strategic initiatives.
Shares of Domino's Pizza dropped 1.1% on Oct. 10 after the company reported its Q3 earnings results. Revenue increased 5.1% year over year to $1.08 billion, missing market expectations by 1.6%. However, Domino's posted a profit of $4.19 per share, beating estimates by 15.2%. Despite strong profitability, the company lowered its global retail sales growth guidance to 6%, falling short of the anticipated 7%.
DPZ’s rival, Papa John's International, Inc. (PZZA), has had a rough ride. PZZA stock plummeted 46.4% over the past 52 weeks, trailing behind DPZ’s gains over the same time frame.
Following its recent outperformance, analysts hold a cautiously optimistic outlook on Domino's Pizza. The stock has a consensus "Moderate Buy" rating from 29 analysts, with a mean price target of 485.40, which indicates a potential upside of 13.9% from its current level.
On the date of publication, Rashmi Kumari did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from BarchartThe views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
