Domino’s Pizza ( (DPZ) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Domino’s Pizza stock has been under pressure as analysts have reduced their price targets, citing concerns over inflation and increased competition affecting the company’s performance. Although revenue growth is anticipated in the upcoming earnings report, a decline in earnings has led to a cautious outlook. Analysts remain skeptical about Domino’s growth prospects amid market challenges, despite some optimism for future gains.
More about Domino’s Pizza
YTD Price Performance: -1.59%
Average Trading Volume: 700,251
Technical Sentiment Signal: Hold
Current Market Cap: $13.8B
For further insights into DPZ stock on TipRanks’ Stock Analysis page.
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