Insights

The Domino’s (ASX:DMP) share price has hit another new 52-week high

Are lockdowns fuelling more sales for the pizza store owner?
The post The Domino’s (ASX:DMP) share price has hit another new 52-week high appeared first on The Motley Fool Australia. –

The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price has a new yearly high. It’s been shattering that ceiling almost every day this week.

At the time of writing, shares in the pizza franchise owner are trading for $161.76 – up 1.1%. Earlier, shares hit an intraday, yearly, and all-time high of $165.27. For context, the S&P/ASX 200 Index (ASX: XJO) is 0.71% higher presently.

While the company hasn’t made any market-sensitive announcements in more than a month, clearly something is exciting investors.

Let’s take a closer look.

Extra cheese with some equity please

Since the company reported its full-year results in mid-August, the Domino’s share price has risen an extraordinary 27%. The ASX 200 is down by over 100 points in the same time period.

The company achieved record results, growing sales around 15% year-on-year (YoY) to $3.7 billion. This growth was underscored by a 21.5% YoY increase in online sales.

Many industries saw a similar trend as COVID-induced lockdowns saw customers flock to online purchasing and home deliveries. Pizza, of course, has been at the forefront of at-home service long before the pandemic. Much like with groceries, electronics, and other food services, stay-at-home orders have pushed online sales to new heights.

As well, the company increased its final dividend to 85.1 cents per share, meaning shareholders enjoyed a total FY21 dividend of $1.74 cents per share. This is a 45% increase from FY20.

Looking forward, Domino’s said FY22 would be a “record” year for store expansion. It did note that the Delta variant of COVID-19 has made predicting supply chain issues and demand difficult in the short term.

As Motley Fool has previously reported, one possible reason why the Domino’s share price is rising is based on the momentum of these earnings.

Domino’s share price snapshot

Over the past 12 months, the Domino’s share price has risen an incredible 96% and year-to-date is up an equally impressive 83%.

To put in context how impressive the Domino’s rise is, if you had invested $10,000 in the company when it first listed on the ASX in 2005, that would be worth nearly $790,000 today.

Domino’s Pizza Enterprises has a market capitalisation of about $13.9 billion.

The post The Domino’s (ASX:DMP) share price has hit another new 52-week high appeared first on The Motley Fool Australia.

Should you invest $1,000 in Domino’s right now?

Before you consider Domino’s, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Domino’s wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Another day, another Dominos (ASX:DMP) share price all-time high
3 ASX 200 shares hitting fresh all-time highs on Monday

How to turn $20,000 into $475,000 in 10 years with ASX shares

3 quality ASX growth shares analysts rate as buys

3 ASX 200 shares hit new all-time highs this earnings season

Motley Fool contributor Marc Sidarous has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!