|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's Range||308.75 - 308.75|
|52 Week Range||202.65 - 345.60|
|Beta (5Y Monthly)||0.25|
|PE Ratio (TTM)||32.30|
|Forward Dividend & Yield||2.80 (0.96%)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||N/A|
BTIG analysts say that Domino’s and Papa John’s will see market share gains as independent pizza restaurant owners succumb to the financial pressures of the coronavirus pandemic.
Domino's Pizza (DPZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MKM Partners upgraded Papa John's Inc. stock to buy on Wednesday, and said pizza makers are better positioned than rivals during the coronavirus pandemic given their emphasis on and infrastructure for digital and delivery. Analyst Brett Levy cut his stock price target to $64 from $67, lowered his fair value estimate for Domino's Pizza to $340 from $350 and lowered his fair value estimate for Pizza Hut parent Yum Brands Inc. to $75 from $115. The upgrade of Papa John's is driven by evidence of same-store sales picking up ahead of structural changes to restaurant operations, the analyst wrote in a note to clients. ".. the market share gains in 1Q20 represented the first time in at least 5-years PZZA's domestic SSS outpaced DPZ's results; and 3) we believe management can further support its franchisees structurally or financially (the willingness to offer assistance in recent years is met by untapped credit facilities - leaving mgmt. with additional flexibility, if needed)," said the note. Papa John's shares were not active premarket, but have fallen 15% in the year to date, while the S&P 500 has fallen 20%.
Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, announced today that its 2020 Annual Meeting of Shareholders will be held in a virtual meeting format only, moving away from an in-person event due to the ongoing public health impact of the novel coronavirus (COVID-19) pandemic and to support the health and well-being of the Company's shareholders, team members and directors. Shareholders will not be able to attend the Annual Meeting physically.
Domino's Pizza stock fell after the pizza deliverer reported preliminary first quarter same-store sales that missed some estimates.
Looking into the current session, Domino's Pizza Inc. (NYSE: DPZ) is trading at $323.60, after a 6.65% decrease. Over the past month, the stock decreased by 4.68%, but over the past year, it actually spiked by 27.85%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 15.26%. The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Domino's Pizza Inc. has a better P/E ratio of 36.27 than the aggregate P/E ratio of 19.7 of the restaurants industry. Ideally, one might believe that Domino's Pizza might perform better in the future than it's industry group, but it's probable that the stock is overvalued. P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings.See more from Benzinga * P/E Ratio Insights for Walt Disney * Afternoon Market Stats in 5 Minutes * Benzinga's Top Upgrades, Downgrades For March 31, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Domino's Pizza Inc. says global retail sales are up -- so far, 4.4% in preliminary first-quarter numbers it shared on Monday. The pizza chain, which last week vowed to hire 10,000 more workers, has closed a handful of U.S. stores. "We don't typically provide a business update outside our normal quarterly cadence, but we recognize that these are not normal times," Domino's Chief Executive Ritch Allison said in a statement. Domino's is scheduled to release its final quarterly results on April 23. Domino's shares were down 3% in after-hours trading Monday, but up 39% over the last year. The broader S&P 500 index is down 8% in the last year.
Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, today announced preliminary information from the first quarter in advance of its first quarter earnings release on Thursday, April 23, 2020, in light of the dynamic situation related to the COVID-19 pandemic.
Yahoo Finance speaks with Chipotle CEO Brian Niccol on the state of his restaurant business amidst the coronavirus.
Roku (NASDAQ:ROKU) is likely to benefit from a huge surge in viewership amid the outbreak of the coronavirus from China. Meanwhile, fears about the company losing ad revenue during the crisis are overdone. As a result, investors should buy Roku stock at its current levels.Source: JHVEPhoto / Shutterstock.com Even people who aren't experts on consumer behavior can figure out that TV viewership will jump tremendously thanks to social distancing. Most American consumers are now stuck at home, and when they aren't working, they'll be watching TV.Moreover, one major TV genre -- live sporting events -- is almost completely unavailable. So, Roku will have less competition than before the crisis. And with tens of millions of consumers using Roku's operating systems to stream Netflix (NASDAQ:NFLX), Roku is sure to benefit from this epic jump of TV viewership.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn a Feb. 26 note to investors, Needham analyst Laura Martin wrote that Roku would be a good defensive investment if more Americans stop going out. Since that scenario has played out in a big way, it is indeed reasonable to believe that Roku stock is a good buy now. Worries About an Ad Slump Are OverdoneTwo negative catalysts have likely prevented Roku stock from outperforming the market during the current crisis. First, Fox Corporation (NASDAQ:FOX) sold its 5% stake in Roku in order to acquire a much smaller streaming platform called Tubi. Secondly, Wall Street is worried that an advertising downturn will hit Roku hard. * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem Research firm Loop Capital, for example, upgraded Roku to "hold" from "sell," primarily based on valuation. But the firm warned that advertising would likely decline. It's unclear if Loop Capital was predicting that all advertising revenue would decline or if it meant that Roku's ad revenue would fall.But in any case, I believe that, for two reasons, the concerns about Roku's advertising revenue are overdone. First, although some sectors of the economy have been decimated by the coronavirus outbreak, others are booming.For example, grocery stores like Kroger (NYSE:KR) and delivery-oriented food companies like Domino's (NYSE:DPZ) are booming. So in this new normal, Roku will get a large amount of ad revenue from such companies. That revenue won't entirely make up for Roku's typical sales. But, on the other hand, Roku's ad sales shouldn't drop more than 15% year-over-year.Meanwhile, Roku's commission revenue should jump. Specifically, the company gets a 20% cut of all the revenue from content ordered on its website. As viewership soars, Roku users will order more movies and try out more paid channels, meaningfully boosting the company's commission revenue.The increase in commission revenue will offset much of the ad revenue it will lose from the downturn. The Bottom Line on Roku StockI continue to believe that Roku faces little competition when it comes to selling ads to companies looking for exposure to streaming TV users. I also still think that the company will benefit a great deal from ads from the many providers of streaming content, like Disney (NYSE:DIS) and Apple (NASDAQ:AAPL).And, I still think that Roku will benefit from the rapid growth of streaming TV around the world. Given all of these points, Roku's long-term outlook remains extremely upbeat.Roku's viewership is likely to jump tremendously during the coronavirus crisis. As a result, the companies who are benefitting from the pandemic will buy ads on Roku's platform. Meanwhile, Roku's revenue from commissions will jump as users buy more content. Finally, the company's long-term future remains quite bright.Given all of these points and the huge drop in Roku stock, medium-term and long-term investors should buy the company's shares.As of this writing, Larry Ramer owned shares of Roku stock. Larry Ramer has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel's largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been GE, solar stocks and Snap. You can reach him on StockTwits at @larryramer. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem * 5 Bank Stocks to Buy Now Because This Isn't 2008 Again * 12 Stocks to Buy That Are Already Positive The post Turn on Your TV and Buy Roku Stock Now appeared first on InvestorPlace.
Grubhub founder and CEO Matt Maloney talks with Yahoo Finance about how the food delivery business is navigating the coronavirus pandemic.
Yahoo Finance catches up with Yum! Brands CEO David Gibbs to discuss how his business is faring during the coronavirus.
The COVID-19 coronavirus pandemic isn't just taking a terrible toll in lives, straining the healthcare system and disrupting daily life: It's eliminating American jobs at an unprecedented pace.Goldman Sachs is predicting that unemployment could reach up to 9% later this year. St. Louis Federal Reserve President James Bullard isn't nearly so optimistic, believing unemployment could spike to 30% by next quarter.However, if you've suddenly found yourself on the job search, some temporary relief might be on the way. A few sectors are seeing a huge spike in demand, and as a result, a number of companies are hiring right now, en masse.Employment categories currently seeing a surge in hiring include grocery stores, food delivery services, package delivery drivers, freight trucking, cleaning services, call centers, e-commerce warehouses and logistics, nursing homes, manufacturers of popular shelf-stable food products, pharmacies and security services.To help anyone out there trying to find a job, we've put together a list of two dozen of the largest, best-known companies hiring now in response to coronavirus-sparked demand. This list includes what types of job openings are available, how many, and direct links to job application sites. Many of these companies have declared nationwide openings, there's a good chance that several of these places are hiring near you. SEE ALSO: 10 Coronavirus Stimulus Measures That Could Help You in 2020
While some companies have had layoffs due to the coronavirus pandemic, other businesses are swamped by the heightened demand for home essentials and medical supplies.
As the coronavirus stock market crash hits Tesla and Nvidia, Microsoft, Amazon, Adobe, and Domino's maintain their positions on IBD Leaderboard Watch List.
The stock market rally continues and three top stocks are making bullish moves: Amazon, Microsoft and Domino's Pizza.
Amazon and Walmart are adding full and part-time employees to keep up with demand. Find out which other companies are following suit.