Latest news with #DominoPizza
Yahoo
4 days ago
- Entertainment
- Yahoo
☕️🥐 FC Ptit Dej: Bellingham double stuns, Domino's mocks Man United
Stunning Lookalike for Bellingham 🤯 A few days after Modric's lookalike was found in Slovakia, it's Jude Bellingham's turn to find his twin in the person of Dani Castilla. Coincidentally, the Spaniard is also an athlete of high caliber. In fact, in his Instagram comments, many users are amazed at the resemblance between the two men. Legendary Number for Gyökeres 🤩 Soon to be officially announced as Arsenal's new signing, Victor Gyökeres will inherit a legendary number according to The Athletic. Indeed, the Swedish striker is expected to take on the mythical number 14 of Thierry Henry. Domino's Pizza Throws Shade 😭 As Alexander Isak is at the center of all rumors after requesting his transfer from Newcastle, the entire internet is wondering where he will play next year... including Domino's Pizza. The famous pizza chain even took the opportunity to throw a jab directly at Manchester United by tweeting "Will Isak go to United or will he sign for a big club?". Ouch. PSG Sells an Unusual Item 😯 Paris Saint-Germain has officially put up for sale... pieces of the nets from the Champions League final. Arranged in a frame with photos from the match, the item is sold for €240. Yesterday's Must-See Highlights 🍿 - The opening date for the Ligue 1+ subscription campaign is known - Yesterday's transfer roundup - Koundé has decided his future, announcement imminent This article was translated into English by Artificial Intelligence. You can read the original version in 🇫🇷 here. 📸 Alex Livesey - 2024 Getty Images
Yahoo
21-07-2025
- Business
- Yahoo
Domino's Pizza Generates Strong Q2 Free Cash Flow - DPZ Stock Looks Cheap
Domino's Pizza (DPZ) announced strong Q2 results this morning, showing free cash flow FCF up over 31% YoY with a high FCF margin. DPZ stock is undervalued here, worth over 21% more, or $566.00 per share. Shorting OTM puts is a way to buy in cheaply. DPZ is lower at $464.76 in midday trading. That is well off its high point of $497.52 on May 19. More News from Barchart Option Volatility And Earnings Report For July 21 - 25 How to Make a 3.0% One-Month Yield By Shorting UBER Puts What Gamma Exposure is Saying About Alphabet Stock Ahead of Earnings Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! It presents a unique buy-in opportunity for value investors. This article will show that, based on its FCF margin history and a 3.9% FCF yield metric, it could be worth 21% more at $566.45. And it could be worth much more based on its historic dividend yield metrics. Domino's Pizza Strong Results Monday morning, July 21, Domino's Pizza reported that its revenue rose +4.3% YoY and U.S. same-store sales growth was up 3.4% (int'l rose +2.4%). More importantly, Domino's showed strong free cash flow (FCF) performance. It generated $331.7 million in FCF over the past 2 quarters, up 43.9% YoY. Moreover, in Q2 it generated $167.3 million in FCF, up +1.81% from Q2, according to Stock Analysis. This is important since it shows that Domino's has now generated two quarters with over 14% FCF margins (i.e., FCF/revenue). In Q2, its FCF margin was 14.61% and in Q1, it made a 14.78% FCF margin, according to Stock Analysis. In the past 2 quarters, that average was 14.7%, as seen from data on page 2 of its Q2 earnings release (see table below). That implies that Domino's is squeezing large amounts of cash out of its operations. As a result, we can project higher FCF for the company over the next 12 months (NTM). Forecasting FCF Analysts project 2025 sales will be $4.94 billion and $5.27 billion in 2026. That means its NTM sales forecast is $5.1 billion. So, applying the 14.7% FCF margin: $5.1b x 0.147 = $750 million FCF That is +22% higher than the trailing 12 months (TTM) FCF of $613.2 million, according to Stock Analysis. In other words, DPZ stock could be significantly undervalued if this occurs. But how much? Target Price Based on FCF One way to value DPZ stock using this FCF forecast is to use a FCF yield metric. For example, DPZ's market cap today is $15.778 billion (based on 33.9489 million shares outstanding at $464.76). That implies that its TTM FCF of $613.2 million represents 3.886% of its market value (i.e., a 3.9% FCF yield). Therefore, we can apply that metric (assuming the same valuation lasts over the next 12 months) to our FCF forecast: $750m NTM FCF / 0.039 = $19.231 billion mkt value That is +21.88% higher than today's $15.778 billion market cap. In other words, DPZ could be worth 21.9% more over the next 12 months: $464.76 x 1.2188 = $566.45 target price There are other ways to value DPZ stock. One way is to use its historic dividend yield. Target Price Using Dividend Yield For example, right now, based on Domino's quarterly $1.74 dividend per share (DPS), its annual yield is 1.50%: $1.74 x 4 = $6.96/$464.76 = 0.01497 = 1.50% But historically, based on Morningstar's calculations, its average yield has been lower at 1.02% over the last 5 years. Yahoo! Finance says it's been 1.08%. So, using this higher average we can estimate where DPZ should trade if it reverts to this mean yield: $6.96 DPS / 0.0108 = $644.44 target price That provides an investor with a potential upside of +39% from today's price. Another way to value the stock is to use analysts' target prices. Target Price Using Analysts' Projections Analysts surveyed by Barchart have a mean price target of $509.55, and Yahoo! Finance reports that 32 analysts have an average of $505.35. Similarly, Stock Analysis reports that 23 analysts have a price average of $486.83, but AnaChart's survey of 26 analysts is $514.19. So, the mean analyst survey price is $503.98, or +8.4% over today's price. Summary of Price Targets So, using these three valuation methods, we can estimate its price target at: FCF Yield target ………. $566.45 Dividend Yield ………… $644.44 Analysts' targets …….. $503.98 Average Price Target … $571.62, or +22.9% higher than today The bottom line here is that DPZ stock looks deeply undervalued. One way to play this is to set a lower buy-in price by shorting out-of-the-money (OTM) put options. Shorting OTM Puts For example, the August 15 expiration period shows that the $440.00 strike price put option, 4.8% below today's price, has a $3.75 premium. That provides a short seller an immediate yield of 0.852% (i.e., $3.75/$440.00). Moreover, the 450.00 strike price put has a $6.10 premium. A short seller can make an immediate yield of 1.1356% (i.e., $6.10/$450.00). As a result, using a 50/50 mix of these two strike prices, an investor could set a lower buy-in of $445 and make 1.111% on average ($4.925/$445) over the next 25 days. That sets a buy-in that is about 4.3% below today's price and provides a good breakeven of just $440.07 per share (i.e., $445-$4.93). That is over 5.3% below today's price, so it provides good downside protection to investors. Moreover, note that the delta ratio, i.e., the risk of this strike price being assigned based on historical variance, is low at between 20% and 30%. The bottom line here is that DPZ stock looks deeply undervalued, and one way to set a good buy-in point is to short OTM puts. On the date of publication, Mark R. Hake, CFA did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
21-07-2025
- Business
- Yahoo
S&P 500 and Nasdaq 100 Jump to Record Highs as Bond Yields Fall
The S&P 500 Index ($SPX) (SPY) today is up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.41%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.72%. September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.73%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs. Lower bond yields are supportive of stocks, with the 10-year T-note yield down -6 bp to a 1-week low of 4.36%. Also, the strength in chip stocks today is boosting technology stocks and leading the broader market higher. More News from Barchart It's Never 'Happened in the History of Tech to Any Company Before': OpenAI's Sam Altman Says ChatGPT is Growing at an Unprecedented Rate Ditch 'Basic' Nvidia and Buy This 'Unique' Chip Stock Instead Option Volatility And Earnings Report For July 21 - 25 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Some favorable corporate news is also supporting gains in stocks today. Block is up more than +7% after S&P Dow Jones Indices announced that the company will replace Hess Corp in the S&P 500 before the opening of trade on Wednesday. Also, Domino's Pizza is up more than +2% after reporting better-than-expected Q2 revenue, and Verizon Communications is up more than +2% after raising the lower end of its full-year earnings forecast. Recent trade news has put some downward pressure on stocks. Last Wednesday, President Trump announced that he intends to send a tariff letter to more than 150 countries, notifying them that their tariff rates could be 10% or 15%, effective August 1. Also, President Trump recently announced that the US will impose 30% tariffs on US imports from the European Union and Mexico, effective August 1. In addition, Mr. Trump said that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%. Mr. Trump also imposed a 50% tariff on copper imports, which will include semi-finished goods, and stated that drug companies could face tariffs as high as 200% on imports if they don't relocate production to the US within the next year. The markets this week will focus on any tariff news along with the announcement of any new trade deals. On Wednesday, June existing home sales are expected to fall -0.7% m/m to 4.00 million. On Thursday, weekly initial unemployment claims are expected to climb by +6,000 to 227,000. Also, the July S&P US manufacturing PMI is expected to slip -0.4 to 52.5. Finally, on Thursday, June new home sales are expected to climb +4.3% m/m to 650,000. On Friday, June capital goods new orders nondefense ex-aircraft and parts are expected to increase by +0.2% m/m. Federal funds futures prices are discounting the chances for a -25 bp rate cut at 5% at the July 29-30 FOMC meeting and 58% at the following meeting on September 16-17. The markets are awaiting a heavy slate of quarterly corporate earnings results this week, including Alphabet and Tesla on Wednesday. About one-fifth of the companies in the S&P 500 are expected to report their Q2 earnings results this week. Early results now show S&P 500 earnings are on track to rise +3.2% for the second quarter, better than the pre-season expectations of +2.8% y/y, according to Bloomberg Intelligence. Also, only six of the eleven S&P 500 sectors are projected to post an increase in earnings, the fewest since Q1 of 2023, according to Yardeni Research. Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.42%. China's Shanghai Composite rallied to a 9.5-month high and closed up +0.72%. Japan's Nikkei Stock 225 was closed today for the Marine Day holiday. Interest Rates September 10-year T-notes (ZNU25) today are up +14 ticks. The 10-year T-note yield is down -5.8 bp to 4.358%. Sep T-notes today rose to a 1-week high, and the 10-year T-note yield fell to a 1-week low of 4.354%. T-notes are climbing today on carryover support from last Friday when Fed Governor Christopher Waller said he backs a Fed rate cut at the July 29-30 FOMC meeting. T-notes also have carryover support from today's rally in 10-year German bunds to a 2-week high. European government bond yields today are moving lower. The 10-year German bund yield fell to a 2-week low of 2.611% and is down -7.7 bp to 2.618%. The 10-year UK gilt yield is down -6.1 bp to 4.613%. Swaps are discounting the chances at 1% for a -25 bp rate cut by the ECB at Thursday's policy meeting. US Stock Movers Strength in chip stocks is supporting gains in the broader market. ARM Holdings Plc (ARM) is up more than +3% to lead gainers in the Nasdaq 100. Also, GlobalFoundries (GFS), ON Semiconductor Corp (ON), NXP Semiconductors NV (NXPI), Qualcomm (QCOM), and Broadcom (AVGO) are up more than +2%. In addition, Lam Research (LRCX), Intel (INTC), Advanced Micro Devices (AMD), and Applied Materials (AMAT) are up more than +1%. Block (XYZ) is up more than +7% after S&P Dow Jones Indices announced that the company will replace Hess Corp in the S&P 500 before the opening of trade on Wednesday. Verizon Communications (VZ) is up more than +4% to lead gainers in the S&P 500 and Dow Jones Industrials after raising the lower end of its full-year earnings forecast to +1% to 3% from a previous estimate of 0% to +3%. Equinix Inc. (EQIX) is up more than +2% after Elliot Investment Management said it has built up a stake in the company in an effort to get it to take steps to boost its share price. Pinterest (PINS) is up more than +2% after Morgan Stanley upgraded the stock to overweight from equal weight with a price target of $45. Dollar Tree (DLTR) is up more than +1% after Barclays upgraded the stock to overweight from equal weight with a price target of $120. Invesco Ltd (IVZ) is up more than +1% after TD Cowen upgraded the stock to buy from hold with a price target of $25. Natural gas producers are under pressure today, with nat-gas futures (NQQ25) plunging more than -6% to a 1-week low on forecasts for cooler US temperatures later this month. As a result, EQT Corp (EQT) is down more than -6% to lead losers in the S&P 500. Also, Antero Resources (AR) is down more than -6%, and Cheniere Energy (LNG) and Expand Energy (EXE) are down more than -5%. Sarepta Therapeutics (SRPT) is down more than -4% after it refused to pause all shipments of its Elevidys treatment after three deaths were linked to the company's gene therapies. Biogen (BIIB) is down more than -2% to lead losers in the Nasdaq 100 after Truist Securities downgraded the stock to hold from buy. Molina Healthcare (MOH) is down more than -2% after TD Cowen cut its price target on the stock to $283 from $369. Centene (CNC) is down more than -1% after TD Cowen downgraded the stock to hold from buy. Earnings Reports (7/21/2025) AGNC Investment Corp (AGNC), Alexandria Real Estate Equities (ARE), BOK Financial Corp (BOKF), Cleveland-Cliffs Inc (CLF), Crown Holdings Inc (CCK), Domino's Pizza Inc (DPZ), Equity LifeStyle Properties In (ELS), Medpace Holdings Inc (MEDP), NXP Semiconductors NV (NXPI), RLI Corp (RLI), Roper Technologies Inc (ROP), Steel Dynamics Inc (STLD), Verizon Communications Inc (VZ), W R Berkley Corp (WRB), Wintrust Financial Corp (WTFC), Zions Bancorp NA (ZION). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Bloomberg
21-07-2025
- Business
- Bloomberg
Domino's Pizza Says Parmesan Stuffed-Crust Drew New Customers
Domino's Pizza's launch of its Parmesan stuffed-crust pizza attracted new customers and boosted the company's same-store sales, company executives said today on its earnings call. The Parmesan stuffed-crust pizza, introduced in the US in March, will help grow Domino's market share over time, Chief Executive Officer Russell Weiner said.
Yahoo
21-07-2025
- Business
- Yahoo
Stocks Climb on Lower Bond Yields and Favorable Corporate News
The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.49%. September E-mini S&P futures (ESU25) are up +0.37%, and September E-mini Nasdaq futures (NQU25) are up +0.65%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs. Lower bond yields are supportive of stocks, with the 10-year T-note yield down -5 bp to 4.37%. Also, the strength in chip stocks today is boosting technology stocks and leading the broader market higher. More News from Barchart It's Never 'Happened in the History of Tech to Any Company Before': OpenAI's Sam Altman Says ChatGPT is Growing at an Unprecedented Rate Ditch 'Basic' Nvidia and Buy This 'Unique' Chip Stock Instead Option Volatility And Earnings Report For July 21 - 25 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Some favorable corporate news is also supporting gains in stocks today. Block is up more than +7% after S&P Dow Jones Indices announced that the company will replace Hess Corp in the S&P 500 before the opening of trade on Wednesday. Also, Domino's Pizza is up more than +2% after reporting better-than-expected Q2 revenue, and Verizon Communications is up more than +2% after raising the lower end of its full-year earnings forecast. Recent trade news has put some downward pressure on stocks. Last Wednesday, President Trump announced that he intends to send a tariff letter to more than 150 countries, notifying them that their tariff rates could be 10% or 15%, effective August 1. Also, President Trump recently announced that the US will impose 30% tariffs on US imports from the European Union and Mexico, effective August 1. In addition, Mr. Trump said that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%. Mr. Trump also imposed a 50% tariff on copper imports, which will include semi-finished goods, and stated that drug companies could face tariffs as high as 200% on imports if they don't relocate production to the US within the next year. The markets this week will focus on any tariff news along with the announcement of any new trade deals. On Wednesday, June existing home sales are expected to fall -0.7% m/m to 4.00 million. On Thursday, weekly initial unemployment claims are expected to climb by +6,000 to 227,000. Also, the July S&P US manufacturing PMI is expected to slip -0.4 to 52.5. Finally, on Thursday, June new home sales are expected to climb +4.3% m/m to 650,000. On Friday, June capital goods new orders nondefense ex-aircraft and parts are expected to increase by +0.2% m/m. Federal funds futures prices are discounting the chances for a -25 bp rate cut at 5% at the July 29-30 FOMC meeting and 58% at the following meeting on September 16-17. The markets are awaiting a heavy slate of quarterly corporate earnings results this week, including Alphabet and Tesla on Wednesday. About one-fifth of the companies in the S&P 500 are expected to report their Q2 earnings results this week. Early results now show S&P 500 earnings are on track to rise +3.2% for the second quarter, better than the pre-season expectations of +2.8% y/y, according to Bloomberg Intelligence. Also, only six of the eleven S&P 500 sectors are projected to post an increase in earnings, the fewest since Q1 of 2023, according to Yardeni Research. Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.64%. China's Shanghai Composite rallied to a 9.5-month high and closed up +0.72%. Japan's Nikkei Stock 225 was closed today for the Marine Day holiday. Interest Rates September 10-year T-notes (ZNU25) today are up +12 ticks. The 10-year T-note yield is down -4.6 bp to 4.370%. Sep T-notes today rose to a 1-week high, and the 10-year T-note yield fell to a 1-week low of 4.364%. T-notes are climbing today on carryover support from last Friday when Fed Governor Christopher Waller said he backs a Fed rate cut at the July 29-30 FOMC meeting. T-notes also have carryover support from today's rally in 10-year German bunds to a 2-week high. European government bond yields today are moving lower. The 10-year German bund yield fell to a 2-week low of 2.616% and is down -7.3 bp to 2.622%. The 10-year UK gilt yield is down -5.7 bp to 4.618%. Swaps are discounting the chances at 1% for a -25 bp rate cut by the ECB at Thursday's policy meeting. US Stock Movers Strength in chip stocks is supporting gains in the broader market. GlobalFoundries (GFS) is up more than +2% to lead gainers in the Nasdaq 100. Also, Intel (INTC), ARM Holdings Plc (ARM), and ON Semiconductor Corp (ON) are up more than +2%. In addition, Advanced Micro Devices (AMD), NXP Semiconductors NV (NXPI), Microchip Technology (MCHP), Applied Materials (AMAT), and Qualcomm (QCOM) are up more than +1%. Block (XYZ) is up more than +7% after S&P Dow Jones Indices announced that the company will replace Hess Corp in the S&P 500 before the opening of trade on Wednesday. Verizon Communications (VZ) is up more than +2% to lead gainers in the Dow Jones Industrials after raising the lower end of its full-year earnings forecast to +1% to 3% from a previous estimate of 0% to +3%. Domino's Pizza (DPZ) is up more than +2% after reporting Q2 revenue of $1.15 billion, better than the consensus of $1.14 billion. Pinterest (PINS) is up more than +2% after Morgan Stanley upgraded the stock to overweight from equal weight with a price target of $45. Dollar Tree (DLTR) is up down more than +1% after Barclays upgraded the stock to overweight from equal weight with a price target of $120. Equinix Inc. (EQIX) is up more than +1% after Elliot Investment Management said it has built up a stake in the company in an effort to get it to take steps to boost its share price. Invesco Ltd (IVZ) is up more than +1% after TD Cowen upgraded the stock to buy from hold with a price target of $25. Sarepta Therapeutics (SRPT) is down more than -5% after it refused to pause all shipments of its Elevidys treatment after three deaths were linked to the company's gene therapies. Stellantis NV (STLA) is down more than -1% after reporting a preliminary net loss for the first half of the year of 2.3 billion euros ($2.68 billion). Centene (CNC) is down more than -1% after TD Cowen downgraded the stock to hold from buy. Target (TGT) is down nearly -1% after Barclays downgraded the stock to underweight from equal weight with a price target of $91. Earnings Reports (7/21/2025) AGNC Investment Corp (AGNC), Alexandria Real Estate Equities (ARE), BOK Financial Corp (BOKF), Cleveland-Cliffs Inc (CLF), Crown Holdings Inc (CCK), Domino's Pizza Inc (DPZ), Equity LifeStyle Properties In (ELS), Medpace Holdings Inc (MEDP), NXP Semiconductors NV (NXPI), RLI Corp (RLI), Roper Technologies Inc (ROP), Steel Dynamics Inc (STLD), Verizon Communications Inc (VZ), W R Berkley Corp (WRB), Wintrust Financial Corp (WTFC), Zions Bancorp NA (ZION). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
