7 Best Stocks for the Next 30 Days

Get them in a free Special Report, and get more Zacks Insights in our free e-newsletter, Profit from the Pros. Every issue includes a fresh Zacks #1 Bull Stock of the Day.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 05/14/2013

Company Name Symbol %Change
INTEROIL COR IOC
9.57%
INFORMATION III
9.47%
A M R CP AAMRQ
6.83%
SCIENTIFIC L SCIL
5.26%
PACER INTL I PACR
5.23%

Domino's Pizza Hits 52-Week High

by Zacks Equity Research

May 14, 2013 | Comments : 0 Recommended this article: (0)
DPZ

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

World leader in pizza delivery, Domino's Pizza Inc. ( DPZ - Snapshot Report ) attained a new 52-week high, touching $58.74 in the middle of the trading session on Monday, May 13. The closing price of Domino's on May 13 was $58.25, representing a solid 1-year return of about 79.6% and year-to-date return of about 28.6%. The average trading volume of the session was 0.6 million shares.

Despite hitting its 52-week high, this Zacks Rank #2 (Buy) stock has plenty of upside left, given its strong estimate revisions over the last 30 days and the expected year-over-year earnings growth of 14.25% for 2013.

Growth Drivers

The better-than-expected first-quarter results – including an earnings surprise of 5.36% and consistent performance of the overall portfolio – as well as international expansions, increasing global demand and effective pricing were the key growth drivers for Domino's Pizza.

Domino’s Pizza’s 96% restaurants are franchised. The company’s franchisee-based model helps it to control its capital requirements as well as facilitate earnings per share growth and ROE expansion.

On Apr 30, Domino's Pizza’s first-quarter 2013 adjusted earnings came in at 59 cents per share, outperforming the Zacks Consensus Estimate of 56 cents by 5.4% and that of the year-ago quarter by 25.5%. Amid a sluggish macroeconomic environment, higher top line, share repurchase activity and margin expansion pushed up the earnings during the quarter.

Quarterly revenues climbed 8.6% year over year to $417.6 million and surpassed the Zacks Consensus Estimate of $413 million by 1.1%. Domino's Pizza’s higher comparable restaurant sales (comps) growth, improved supply-chain as well as royalty revenues, increased traffic and unit expansion drove the top line during the quarter.

Additionally, Domino's Pizza has delivered positive earnings surprises for four straight quarters with an average beat of 5.2%.

Estimate Revisions Show Potency

For Domino's Pizza, over the last 30 days, seven of the nine estimates for 2013 have been revised upward, raising the Zacks Consensus Estimate by 3.4% to $2.40 per share. For 2014, over the last 30 days, six of the nine estimates moved upwards, resulting in an increase in the Zacks Consensus Estimate by 3.4% to $2.73 per share.

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.