Summary:
- Domino's Pizza (DPZ, Financial) exceeded EPS estimates but missed on revenue.
- Analysts forecast a slight downside with an average price target of $483.07.
- Current market challenges include weakening U.S. trends and inflationary pressures.
Domino's Pizza (DPZ) has reported its latest financial results, showing a GAAP earnings per share of $4.33, which beats analysts' expectations by $0.26. Conversely, the company faced revenue challenges, posting $1.11 billion, falling short by $10 million from predictions. Investors should remain cautious as the company navigates through weakening U.S. market trends and the ongoing impact of inflation on costs.
Wall Street Analysts Forecast
In light of the recent earnings report, 31 analysts have provided one-year price targets for Domino's Pizza Inc (DPZ, Financial), with an average target price set at $483.07. This range includes a high estimate of $559.00 and a low estimate of $370.00. The current average target reflects a slight downside of 0.93% from the current stock price of $487.58. For further details, visit the Domino's Pizza Inc (DPZ) Forecast page.
According to recommendations from 35 brokerage firms, Domino's Pizza Inc (DPZ, Financial) receives an average brokerage recommendation of 2.1, signifying an "Outperform" status. This rating is part of a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus provides an estimated GF Value for Domino's Pizza Inc (DPZ, Financial) of $471.39 for the upcoming year. This estimate suggests a potential downside of 3.32% from the current pricing of $487.58. The GF Value is computed based on historical trading multiples, past business growth, and future performance projections. Investors can explore more comprehensive data by visiting the Domino's Pizza Inc (DPZ) Summary page.
