Papa Johns International, Inc. (NASDAQ:PZZA) Receives Consensus Rating of “Hold” from Brokerages

by · The Markets Daily

Papa Johns International, Inc. (NASDAQ:PZZA – Get Free Report) has received an average rating of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $60.82.

A number of research analysts have recently commented on PZZA shares. Wedbush restated an “outperform” rating and issued a $60.00 price target on shares of Papa Johns International in a report on Friday, December 13th. UBS Group upped their target price on shares of Papa Johns International from $47.00 to $56.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Stephens reaffirmed an “overweight” rating and set a $62.00 price target on shares of Papa Johns International in a research note on Friday, December 13th. Bank of America boosted their price target on Papa Johns International from $66.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, KeyCorp downgraded Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th.

View Our Latest Stock Analysis on PZZA

Papa Johns International Price Performance

Shares of NASDAQ:PZZA opened at $40.12 on Thursday. The business has a 50 day simple moving average of $49.50 and a two-hundred day simple moving average of $47.79. Papa Johns International has a 1 year low of $38.25 and a 1 year high of $78.67. The firm has a market capitalization of $1.31 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 2.27 and a beta of 1.16.

Papa Johns International (NASDAQ:PZZA – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company had revenue of $506.80 million during the quarter, compared to analysts’ expectations of $497.28 million. During the same quarter in the previous year, the business earned $0.53 EPS. Papa Johns International’s revenue was down 3.1% compared to the same quarter last year. Equities research analysts expect that Papa Johns International will post 2.21 EPS for the current fiscal year.

Papa Johns International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were paid a $0.46 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.84 annualized dividend and a yield of 4.59%. Papa Johns International’s dividend payout ratio (DPR) is presently 64.11%.

Hedge Funds Weigh In On Papa Johns International

A number of large investors have recently added to or reduced their stakes in PZZA. Signaturefd LLC grew its position in shares of Papa Johns International by 66.9% in the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock worth $35,000 after buying an additional 259 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in Papa Johns International in the third quarter valued at approximately $42,000. US Bancorp DE grew its holdings in Papa Johns International by 225.4% in the third quarter. US Bancorp DE now owns 1,331 shares of the company’s stock worth $72,000 after purchasing an additional 922 shares during the last quarter. CWM LLC increased its position in shares of Papa Johns International by 27.5% during the third quarter. CWM LLC now owns 1,690 shares of the company’s stock worth $91,000 after purchasing an additional 365 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of Papa Johns International during the 3rd quarter valued at $156,000.

Papa Johns International Company Profile

(Get Free Report

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.

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