{"id":62302,"date":"2014-10-22T04:22:33","date_gmt":"2014-10-22T08:22:33","guid":{"rendered":"http:\/\/countingpips.com\/?p=62302"},"modified":"2014-10-22T04:22:33","modified_gmt":"2014-10-22T08:22:33","slug":"why-the-dominos-share-price-rose-further-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/why-the-dominos-share-price-rose-further-today\/","title":{"rendered":"Why The Domino\u2019s Share Price Rose Further Today"},"content":{"rendered":"
October 22, 2014<\/div>
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By MoneyMorning.com.au<\/u><\/a><\/p>\n

What Happened to the Domino\u2019s Share Price?<\/h2>\n

Domino\u2019s Pizza Enterprises [ASX:DMP]<\/strong> operates retail food outlets and a franchise service. DMP holds the master franchise rights for the Domino\u2019s brand in Australia, New Zealand, France, Belgium and the Netherlands. In 2013, they acquired a 75% stake in the Japanese Domino\u2019s franchise.
\nThe company has 970 stores across five countries<\/p>\n

The share price closed 3.57% higher on Wednesday. <\/p>\n

Why Did This Happen to DMP Shares?<\/h2>\n

It\u2019s a solid company. Revenues for 2014 nearly doubled and DMP paid a 36.7 cent dividend.
\nIn a short five years, the stock price has climbed a massive 548%.<\/p>\n

There have been two distinct rallies this year. Each one has seen the share price gain more than 20% in 30 days.<\/p>\n

In February, after the first half financial year results came out, the stock gained 25.97% before flattening out. This happened again in August. Upon the full year numbers, the share price gained another 24.88% in less than four weeks. <\/p>

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Since 10 October, the share price has gained another 13.75%. The stock currently trades around $29. <\/p>\n

What Now for Domino\u2019s Pizza Enterprises<\/h2>\n

Could Domino\u2019s be in the middle of another 25% increase? The market seems to be pushing DMP higher. Year to date, the stock is up 80%. Each rally sees the company sell a few dollars, plateau and then trade higher again. <\/p>\n

Domino\u2019s is proving to be a stand out performer for 2014. Already it\u2019s up a massive 80% so far this year. However, it\u2019s currently trading at 44 times earnings, which means the market is expecting earnings growth to continue to increase. <\/p>\n

Long term, there is still room for growth as they expand the Domino\u2019s franchise in Japan to over 500 stores. They currently have about 320. <\/p>\n

The share price doesn\u2019t look like it\u2019s slowing down yet. <\/p>\n

And if it does repeat the rallies of this year, a 25% increase from the October low will see Domino\u2019s reach $31 per share. <\/p>\n

Domino\u2019s appears to be a solid company with good growth potential, but it\u2019s still very expensive to buy at its current price point. Let the rally finish, and try to take advantage of any sell-offs that occur. <\/p>\n

Shae Smith+<\/a>
\nEditor, Money Weekend<\/em><\/strong> <\/p>\n

Join Money Morning on Google+ <\/span><\/a><\/strong><\/p>\n

The post Why The Domino’s Share Price Rose Further Today<\/a> appeared first on Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n


\nBy MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MoneyMorning.com.au What Happened to the Domino\u2019s Share Price? Domino\u2019s Pizza Enterprises [ASX:DMP] operates retail food outlets and a franchise service. DMP holds the master franchise rights for the Domino\u2019s brand in Australia, New Zealand, France, Belgium and the Netherlands. In 2013, they acquired a 75% stake in the Japanese Domino\u2019s franchise. The company has […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-62302","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=62302"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=62302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=62302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=62302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}