Stock in News Spotlight: Domino’s Pizza (NYSE:DPZ)

Domino’s Pizza (NYSE:DPZ) stock experienced trading -7.94% off 52-week high price. On the other end, the stock has been noted 76.27% away from low price over the last 52-weeks. The stock disclosed a move of -0.82% away from 50 day moving average and 11.84% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.41% off 20-day moving average. It has market cap of $15.53B and dividend yield of 0.78%.

On Oct. 8, 2020, Domino’s Pizza (NYSE:DPZ) the largest pizza company in the world based on global retail sales, revealed results for the third quarter. Global retail sales increased 14.4% in the third quarter, or 14.8% excluding foreign currency impact. U.S. same store sales grew 17.5% during the quarter versus the year-ago period and were positively impacted by customer ordering behavior during the COVID-19 pandemic, continuing the positive sales momentum in the Company’s U.S. stores business. The international business also posted positive same store sales results, with growth of 6.2% during the quarter. The third quarter marked the 107th consecutive quarter of international same store sales growth and the 38th consecutive quarter of U.S. same store sales growth.

During the quarter, the Company disclosed 209 gross new stores and 83 net new stores, comprised of 44 net new U.S. stores and 39 net new international stores. The Company’s net store growth reflects the closure of 126 stores, primarily in India. The number of temporary store closures in certain of the Company’s international markets declined during the third quarter of 2020. Based on information reported to the Company by its master franchisees, the Company estimates that as of October 5, 2020, there were fewer than 300 international stores temporarily closed.

Diluted EPS for the third quarter was $2.49, up 21.5% over the prior year quarter.

On October 6, 2020, the Company’s Board of Directors declared a $0.78 per share quarterly dividend for shareholders of record as of December 15, 2020 to be paid on December 30, 2020.

The USA based company Domino’s Pizza moved with change of -6.97% to $401.01 with the total traded volume of 3768464 shares in recent session versus to an average volume of 597.33K. The stock was observed in the 5 days activity at -6.08%. The one month performance of stock was 4.96%. DPZ’s shares are at 0.68% for the quarter and driving a 61.57% return over the course of the past year and is now at 36.50% since this point in 2018.  Right now the stock beta is 0.37. The average volatility for the week and month was at 2.60% and 2.44% respectively. There are 39.06M shares outstanding and 39.05M shares are floated in market.


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