How These Restaurants Stocks are Faring? -- Domino's Pizza, MedEquities Realty Trust, El Pollo Loco, and Del Taco Restaurants
NEW YORK, October 31, 2016 /PRNewswire/ --
Fierce competition, declining guest counts, and increasing costs from upward minimum wage pressure continue to press the U.S. Restaurants industry. Same-store sales growth for September was down 1.1% - a decline of 0.5% from August. Ahead of today's trading session, Stock-Callers.com has issued research reports on the following equities: Domino's Pizza Inc. (NYSE: DPZ), MedEquities Realty Trust Inc. (NYSE: MRT), El Pollo Loco Holdings Inc. (NASDAQ: LOCO), and Del Taco Restaurants Inc. (NASDAQ: TACO). Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Domino's Pizza
Last Friday, shares in Michigan-based Domino's Pizza Inc. ended the day 1.19% higher at $167.92. The stock recorded a trading volume of 633,779 shares, which was above its three months average volume of 565,720 shares. The Company's shares have advanced 10.66% in the last one month, 14.12% in the previous three months, and 52.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.79% and 25.47%, respectively. Furthermore, shares of Domino's Pizza, which through its subsidiaries, operates as a pizza delivery company in the US and internationally, have a Relative Strength Index (RSI) of 76.97.
On October 19th, 2016, research firm Maxim Group reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $158 a share to $162 a share.
On October 18th, 2016, Domino's Pizza reported that domestic same-store sales grew 13.0% during Q3 2016 versus the year-ago period, which represents the 22nd consecutive quarter of positive sales in the U.S. business. The Company had global net store growth of 316 stores in the quarter, and 1,133 stores over the trailing four quarters. Diluted EPS was $0.96 for Q3 2016, which was up 43.3% over Q3 2015. Revenues were up 16.9% for Q3 2016 versus the prior year's period. Access our complete research report on DPZ for free at:
http://stock-callers.com/registration/?symbol=DPZ
MedEquities Realty Trust
MedEquities Realty Trust Inc.'s stock finished Friday's session 0.26% lower at $11.68 with a total trading volume of 116,608 shares. The Company's shares have gained 0.78% in the last one month and 0.78% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.66% and 0.66%, respectively.
On October 11th, 2016, MedEquities announced that it will issue its Q3 2016 earnings release before the market opens on November 9th, 2016, and will host a conference call and live audio webcast, later that same morning at 10:00 a.m. CT.
On October 24th, 2016, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, issuing a target price of $13 per share. The complimentary research report on MRT can be downloaded at:
http://stock-callers.com/registration/?symbol=MRT
El Pollo Loco
Shares in Costa Mesa, California headquartered El Pollo Loco Holdings Inc. ended the session flat at $12.00. The stock recorded a trading volume of 283,890 shares. The Company's shares are trading below their 200-day moving average by 5.74%. Moreover, shares of El Pollo Loco, which through its subsidiary, El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name in the US, have an RSI of 43.76.
On October 12th, 2016, El Pollo Loco announced that it has selected Vitro as its creative agency of record following a competitive review. Vitro, the San Diego-based creative agency offering full-service advertising and marketing capabilities, will oversee all research, strategy, production, and integrated communications across television, radio, digital, and out-of-home. Register for free on Stock-Callers.com and get access to the latest PDF format report on LOCO at:
http://stock-callers.com/registration/?symbol=LOCO
Del Taco Restaurants
Lake Forest, California headquartered Del Taco Restaurants Inc.'s stock recorded a trading volume of 262,263 shares last Friday, and closed 0.29% lower at $13.55. The Company's shares have gained 15.61% in the past month, 29.91% over the previous three months, and 27.23% since the start of this year. The stock is trading 14.51% and 31.65% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Del Taco Restaurants, which develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the US, have an RSI of 67.26.
On October 17th, 2016, Del Taco announced total revenue of $104.4 million for Q3 2016, 5.9% higher from Q3 2015. The company reported restaurant sales of $100.2 million, up 5.7% from Q3 2015. Del Taco's net income increased to $4.9 million, representing diluted earnings per share of $0.13, compared to $0.2 million in Q3 2015 and restaurant contribution margin of 20.9%, up 120 basis points from Q3 2015.
On October 18th, 2016, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $15 a share to $17 a share. Download your free research report on TACO at:
http://stock-callers.com/registration/?symbol=TACO
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