Domino's stock falls despite 3Q sales growth

Domino's stock falls despite 3Q sales growth

Domino's Pizza Inc (NYSE:DPZ) announced its earnings results on Thursday. Domino's Pizza Inc has a 12 month low of $149.67 and a 12 month high of $221.58.

The stock decreased 1.55% or $0.007 during the last trading session, reaching $0.445.

Shares are trading at $209.24 a bit higher than the 50 day moving average of $192.64 and a tad higher than the 200 day moving average of $196.16.

Total shares held by institutions as of the most recent company filings are 46,798,777 with a reported 4,720,335 bought and 8,043,222 sold.

COPYRIGHT VIOLATION WARNING: "Caxton Associates LP Buys New Holdings in Domino's Pizza Inc (DPZ)" was published by TrueBlueTribune and is the sole property of of TrueBlueTribune. (NYSE:DPZ) has risen 62.06% since October 12, 2016 and is uptrending. Share performance for the month is now at 10.17%.

Domino's shares have gained 31.3 percent this year, including a 10 percent jump in the past month, as the company outperformed rivals such as Yum Brands' YUM.N Pizza Hut.

As the earnings date approaches, we can see that insider ownership is now 0.10% shares, and institutional ownership is at 92.20% for Domino's Pizza, Inc. (DPZ). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. A negative beta means that the stock inversely follows the market, decreasing in value when the market goes up.

Domino's shares fell by more than 3 percent soon after Wall Street opened on Thursday, having fallen as much as 6 percent in pre-market trade.

Fundamental analysis examines the financial elements of a company, for example; sales, cash flow, profit and balance sheet.

Heading into the earnings release, covering sell-side analysts have a consensus target price of $212.31 on Domino's Pizza, Inc. shares. EPS enables the earnings of a company to easily be compared to their competitors. The stock of Domino's Pizza Group PLC.

Several other large investors also recently added to or reduced their stakes in the company. During the same quarter in the previous year, the firm earned $0.96 earnings per share. It has a 23.73 P/E ratio. Renaissance Technologies LLC grew its holdings in Domino's Pizza by 43.7% during the second quarter.

Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth. Below is a list of Domino's Pizza Group PLC. Credit Suisse Group began coverage on shares of Domino's Pizza in a research report on Wednesday, October 4th. Finally, Domino's Pizza, Inc.'s return on investment stands at 106.30% when you divide the shareholder's return by the cost.

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