RBC Capital on Domino's Pizza (DPZ): 'Some Category Softness but Expect DPZ to Continue Taking Share'

RBC Capital analyst Logan Reich reiterated an Outperform rating and $500.00 price target on Domino's Pizza (NASDAQ: DPZ).

The analyst commented: "Some category softness but expect DPZ to continue taking share; DPZ will report 4Q earnings before market open on 2/24. Key questions we’re focused on: 1) US demand trends and market share given that competitors’ 4Q results suggested incremental category softness q/q; 2) will the company announce a partnership with DASH and how much could that contribute to the model; and 3) is there line of sight on improvement in the international business. Despite the recent stock outperformance, the potential for a DASH partnership announcement and more positive tone on international leaves us constructive going into Monday’s print despite our lowering estimates slightly."

For an analyst ratings summary and ratings history on Domino's Pizza click here. For more ratings news on Domino's Pizza click here.

Shares of Domino's Pizza closed at $475.35 yesterday.

You May Also Be Interested In

• SpaceX Shares Indicated To Open At $155
• Dollarama Inc. (DOL:CN) (DLMAF) PT Raised to Cdn$221 at BMO Capital
• Seneca Foods (SENEA) PT Raised to $202 at Freedom Broker