Overall market sentiment has been down on Domino's Pizza, Inc. (DPZ) stock lately. DPZ receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With DPZ Stock Today?
Domino's Pizza, Inc. (DPZ) stock is higher by 1.55% while the S&P 500 has fallen -1.72% as of 12:54 PM on Wednesday, May 12. DPZ has risen $6.56 from the previous closing price of $422.70 on volume of 1,174,994 shares. Over the past year the S&P 500 is up 39.26% while DPZ has risen 13.71%. DPZ earned $12.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 34.78.
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More About Domino's Pizza, Inc.
Domino's Pizza Inc. is a restaurant operator and franchisor, with a footprint of more than 17,800 stores across 90 countries. The firm generates revenue through the sales of pizza, wings, salads, and sandwiches at company-owned stores, through royalty and marketing contributions from franchise-operated stores, and through its network of 26 dough manufacturing and supply chain facilities which centralize purchasing, preparation, and last-mile delivery for more than 6,800 units in the U.S. and Canada. With roughly $16 billion in 2020 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Papa John's, and Little Caesars.
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