|Bid||285.76 x 900|
|Ask||287.20 x 1100|
|Day's Range||285.63 - 288.87|
|52 Week Range||220.90 - 302.05|
|Beta (5Y Monthly)||0.49|
|PE Ratio (TTM)||31.55|
|Earnings Date||Feb 19, 2020|
|Forward Dividend & Yield||2.60 (0.90%)|
|Ex-Dividend Date||Dec 10, 2019|
|1y Target Est||297.48|
Domino's Pizza (DPZ) riding on robust domestic and international comps growth, solid brand positioning, global expansion, and digitization.
The Russell 2000 made a new 52-week high and has been rising bullishly since Jan. 1. Watch for new leadership in the retail and biotech fields.
Domino's Pizza, Inc. (NYSE: DPZ) began construction on a 59,000 square foot facility which will serve as a high-tech supply chain center, the company said Wednesday. Domino's new facility in Katy, Texas will be tasked with producing dough for more than 300 stores throughout the region, according to FBN. Domino's considers itself to be as much as a technology company as it is a pizza company.
Yum China (YUMC) banks on innovation, digital enhancement and strong brand recognition for growth. However, high costs are concerning.
Spending on eating out has been rising steadily for quite some time now. Last year, money spent on eating out equaled that spent at grocery stores for the first time in the United States.
Starbucks (SBUX) is strengthening product portfolio by bringing innovation to beverages, refreshment, health and wellness, tea and core food offerings.
For the first time in Little Caesars' six-decade history, the Detroit-based pizza chain will start delivering pizzas to customers, according to The Wall Street Journal. Little Caesars' new push into delivery naturally poses competition to pizza chains that emphasize delivery, including Domino's Pizza, Inc. (NYSE: DPZ).
Dunkin' Brands (DNKN) focus on beverage portfolio, strong digital initiatives, aggressive expansion strategies and efforts to boost sales bode well.
Analyst restaurant picks for 2020 include pizza and fast food chains, Chipotle and Olive Garden parent Darden Restaurants.
Tim Duy, a University of Oregon professor who closely tracks the Federal Reserve, says the market’s gains last year weren’t out of the ordinary.
Thanks to the emergence of the Millennial generation and its subsequent societal and workplace shifts, the fast-food industry has become even more complex and competitive. Old rules simply don't apply, which partially explains why Chipotle Mexican Grill (NYSE:CMG) has surged in the markets. Since the start of 2019, the Chipotle stock price has nearly doubled.Source: Northfoto / Shutterstock.com What makes the tremendous momentum in CMG stock all the more remarkable is its recovery from almost certain disaster. Back in late 2015, the fast-casual restaurant suffered a health crisis from a food-poisoning outbreak. It shattered what had been up to that point a sterling reputation. Worsening matters, the outbreak launched a federal investigation.That's behind the company now, as you can see from the Chipotle stock price. After concerted efforts to win back consumer trust - including margin-killing discounts and special offers - CMG gradually entered back into customers' good graces.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHonestly, I shouldn't have been so surprised. As we saw from the massive Equifax (NYSE:EFX) data breach, Americans are willing to forgive almost anything. * 6 Transportation Stocks That Are Going Places But like any good company, Chipotle is not satisfied with merely recovering from disaster. Instead, management is now targeting a platform that has long been a staple of the fast-food business: the drive-thru. If implemented successfully, it could spark a new leg up for CMG stock.I think it's a brilliant idea. Anecdotally, McDonald's (NYSE:MCD) has made their drive-thrus more attractive and efficient. In my opinion, they're lightning-quick. What's not anecdotal is how much McDonald's invested in their drive-thru business.Similarly, CMG could deliver efficiencies in the drive-thru and pick-up window platforms, which could then drive up the Chipotle stock price. But with the already dramatic valuation bump, is this rally still viable? Stagnation a Worrying Factor for Chipotle StockFrom a purely strategic perspective, you've got to like what management is doing. Implementing both drive-thrus and pick-up windows for online orders will compete directly against traditional fast-food establishments, knocking out their key advantage. After all, Chipotle arguably beats them in taste and health; bringing added convenience to the table makes fast food increasingly irrelevant.Sometimes, though, the investment narrative doesn't always align with positive, smart strategies. That's the case with CMG stock. Despite a remarkable turnaround effort and continued innovations, CMG represents a "three-quarters" investment: all of 2019's gains between January through September.It's curious, then, that the bulls are having trouble pushing the Chipotle stock price beyond the $840 level. Rather than blaming irrational trader psychology, I believe this resistance area has a fundamental explanation.Back in 2006 - the year of its initial public offering - Chipotle's total revenue (including global sales) was equal to 0.23% of U.S. restaurant and eatery sales. By 2015, this metric was an impressive 0.83%. For perspective, McDonald's U.S. sales in 2018 only took 1.2% of domestic restaurant sales. Clearly, Chipotle was challenging everyone in the space, bolstering the case for CMG stock. Click to Enlarge Source: Chart by Josh Enomoto But in 2016, the fast-casual eatery absorbed substantial fiscal pain from the food poisoning epidemic. As a result, the company's total revenue slipped to 0.68% of U.S. restaurant sales.To be fair, 2019 is on track to be a record sales year for Chipotle stock. Therefore, it's possible that the company's revenue is back to equaling 0.83% of total domestic sales. But it would also mean four years of unnecessary stagnation.Additionally, as Chipotle attempts to expand its footprint, it must deal with the law of large numbers. That means investments in growth will yield smaller percentage gains. And that's where I worry about the competition. Fast Food (or Fast Casual) Is a Tough BusinessDon't get me wrong: Chipotle's recovery story should be covered in every business class. Further, management is doing exactly what they should. But the reality is that proving the doubters wrong (like me) was the easy part. Now, they're back to the year 2015, minus the health crisis. How can they grow from here?Although the common assumption is that millennials eschew fast food for healthier fare, I think the matter is more nuanced. Millennials are diagnosed with obesity-related cancers at an alarming rate, so they're not nearly as healthy as they think. This also suggests that convenience, not health, is the motiving factor for young eaters.If that's the case, I wouldn't bank too heavily on CMG stock. Simply put, competition in the fast food or fast casual space is fierce. You have names like Yum! Brands (NYSE:YUM), Domino's Pizza (NYSE:DPZ) Jack in the Box (NASDAQ:JACK) and El Pollo Loco (NASDAQ:LOCO), among many others competing for consumer dollars.Some of these names may offer better upside because of their lack of heightened expectations. For instance, LOCO is an interesting idea because it serves healthier food than your typical fast food joint. They also have generous portions, making them better value picks for the consumer.Ultimately, I appreciate what Chipotle has done. I'm sure many books will be written about their exploits. But the real work starts now. Given the high probability that the good news is priced in, I'm going to let Chipotle stock cool down.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Transportation Stocks That Are Going Places * 5 Bold Stock Market Predictions for 2020 * 3 Beer Stocks to Own Heading Into New Year 2020 The post Chipotle Stock Is Grilled to a Crisp appeared first on InvestorPlace.
Domino’s stock has been a big winner, but shares look vulnerable ahead of earnings. Here's what fundamentals and technicals say about DPZ stock.
The future of third-party food delivery players remains highly uncertain. Yahoo Finance catches up with Domino's Pizza CEO Richard Allison to discuss the topic.
Casey's General Store reported strong earnings and double digit growth since last October, and President and CEO Darren Rebelez is confident that the company will continue to grow in 2020. Rebelez joined The Final Round to discuss the company's upcoming plans.
Little Caesars will offer delivery to its customers for the first time, by teaming up with delivery service DoorDash. Little Caesars CEO & President David Scrivano joins Yahoo Finance's Zack Guzman and Emily McCormick, along with Black Hawk Financial Founder Leanna Haakons, to discuss.
New York City Mayor Bill De Blasio called out Domino’s on Wednesday after the fast food pizza chain reportedly hiked prices and sold $30 pizzas to hungry visitors waiting in Times Square for the New Year’s Eve celebration.
Domino's Pizza CEO Richard Allison said that in the near future, companies like GrubHub and Uber Eats will have to run businesses that care about profits, or face the consequences. Yahoo Finance’s Brian Sozzi and Heidi Chung discuss on The First Trade.