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Mar 6, 2018 8:20 PM ET

This Morning’s Technical Outlook on Restaurants Stocks — Domino’s Pizza, Performance Food, Restaurant Brands, and Sonic

Disclosure NewswireTM

iCrowdNewswire - Mar 6, 2018

NEW YORK,  —

 

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on DPZ, PFGC, QSR, and SONC which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com covers the following stocks: Domino’s Pizza Inc. (NYSE: DPZ), Performance Food Group Co. (NYSE: PFGC), Restaurant Brands International Inc. (NYSE: QSR), and Sonic Corp. (NASDAQ: SONC). Restaurants companies are essentially retailers of prepared foods, and their operating performance is influenced by many of the same factors that affect traditional retail stores. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Domino’s Pizza

Ann Arbor, Michigan headquartered Domino’s Pizza Inc.’s shares declined 1.56%, closing Monday’s trading session at $219.61. The stock recorded a trading volume of 929,065 shares. The Company’s shares have advanced 0.43% in the last month, 17.97% over the previous three months, and 16.17% over the past year. The stock is trading 4.93% above its 50-day moving average and 10.87% above its 200-day moving average. Additionally, 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 54.05. 

On February 27th, 2018, Domino’s Pizza announced that it is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of the first round of testing, but will add the element of delivery in a larger, urban setting. Get the full research report on DPZ for free by clicking below at: www.wallstequities.com/registration/?symbol=DPZ

Performance Food Group

On Monday, shares in Richmond, Virginia headquartered Performance Food Group Co. recorded a trading volume of 362,021 shares. The stock rose slightly by 0.32%, ending the day at $31.75. The Company’s shares have advanced 7.08% in the previous three months and 34.53% over the past year. The stock is trading above its 200-day moving average by 8.33%. Furthermore, shares of Performance Food, which through its subsidiaries, markets and distributes food and food-related products in the US, have an RSI of 52.01.  

On February 07th, 2018, Performance Food announced its business results for Q2 FY18. Total case volume increased 4.2% in the quarter, net sales were $4.3 billion, and gross profit was $567.6 million. For Q2 2018, operating expenses were $518.5 million, net income was $78.0 million, and EBITDA was $81.5 million.

On February 08th, 2018, research firm Pivotal Research Group reiterated its ‘Hold’ rating on the Company’s stock with a decrease of the target price from $34 a share to $31 a share. PFGC’s complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=PFGC

Restaurant Brands International

Oakville, Canada headquartered Restaurant Brands International Inc.’s stock finished the day 0.75% higher at $57.93with a total trading volume of 1.55 million shares. Shares of the Company have advanced 5.90% over the past year. The stock is trading below its 50-day moving average by 4.00%. Additionally, shares of Restaurant Brands, which owns, operates, and franchises quick service restaurants under the Tim Hortons, Burger King, and Popeyes brand names, have an RSI of 42.46. 

On February 28th, 2018, Restaurant Brands announced that it will participate in the UBS Global Consumer and Retail Conference on March 07th, 2018 at 1:00 p.m. ET at the Four Seasons Hotel in Boston, Massachusetts. A live audio webcast will be available on the Company’s investor relations website. Register for your free research report on QSR at: www.wallstequities.com/registration/?symbol=QSR

Sonic

Shares in Oklahoma City, Oklahoma headquartered Sonic Corp. ended yesterday’s session 1.99% lower at $24.61. The stock recorded a trading volume of 659,154 shares. The Company’s shares are trading 4.41% below their 200-day moving average. Moreover, shares of Sonic, which operates and franchises a chain of quick-service drive-in restaurants in the US, have an RSI of 42.21. 

On March 01st, 2018, SONIC® Drive-In revamped the traditional American cheeseburger with its new SONIC Signature Slingers – a first of its kind in fast food. The perfect-sized cheeseburger patty is made with 100% pure beef, blended with savory mushrooms and seasonings. The SONIC Signature Slingers starts under 350 calories and at $1.99. Wall St. Equities’ downloadable research report on SONC is available at: www.wallstequities.com/registration/?symbol=SONC

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