Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Domino’s Pizza, Inc. (NYSE:DPZ) plummeted 4.4 percent Friday after research firm M Science posted sales estimates well below consensus.
M Science forecasts first-quarter, year-over-year sales growth between 11.1 percent and 12.1 percent compared to the consensus of 14.6 percent.
The prediction is notable considering Domino’s time-tested strength. The company has reported continuous comps growth quarter after quarter, and its stock has soared 2,422 percent since 2009.
Around The Street
Five research firms maintain Buys ratings on Domino’s stock, while an additional eight offer Holds. The average price target is about $166.90.
Despite the mix of neutral and positive outlook, Domino’s hasn't entirely evaded criticism, having been shaken by Lemelson Capital in recent months.
Representatives from Domino's were unavailable for comment regarding the report.
The stock was trading around $177.91 at the time of publication.
Related Links:
Yum Brands CEO Acknowledges Ongoing Woes At Pizza Hut Chain
White Lace And Pepperoni: You Can Now Register Your Wedding With Domino’s
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!