![]() ![]() That result puts DPZ above high-performing businesses like Chipotle Mexican Grill (NYSE: CMG) which saw an operating profit of 15.1% of its sales in Q3 2022. While soaring food costs are affecting the company, still Domino’s operating profit landed at 16.5% of sales in the third quarter compared to 18.5% of sales a year ago. It should be noted that the company’s sales have fallen for two consecutive quarters in the core U.S. It posted a modest 2% increase in global same-store sales for the period that ended in late September, but that result was still an encouraging sign for the business. The average twelve-month price prediction for Dominos Pizza is 372.38 with a high price target of 465.00 and a low price target of 270.00. ![]() DPZ reported improving sales and profitability trends in Q3 last month, implying stabilization following a tough period of weakening results. According to the issued ratings of 27 analysts in the last year, the consensus rating for Dominos Pizza stock is Hold based on the current 2 sell ratings, 13 hold ratings and 12 buy ratings for DPZ. The company currently operates two-thirds of its stores abroad, and the international segment still presents the company with its greatest growth potential, since convenience fast food penetration is lower abroad than in the U.S. Bernstein Adjusts Dominos Pizzas Price Target to 330 From 275, Keeps Underperform Rating. Stephens Adjusts Dominos Pizzas Price Target to 365 From 300, Keeps Equalweight Rating. Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Imagesĭomino’s Pizza Inc (NYSE: DPZ), the world’s largest franchisor of pizza restaurants with over 13,800 locations in 85 countries, has increased by 12% over the last twenty-one trading days (one month) and currently stands at around $339. Loop Capital Adjusts Dominos Pizzas Price Target to 383 From 343, Keeps Hold Rating. Domino's logo is seen on the restaurant in Streator, United States on October 15, 2022. ![]()
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