Papa Johns International, Inc. (NASDAQ:PZZA) Receives $55.83 Average Price Target from Analysts

Shares of Papa Johns International, Inc. (NASDAQ:PZZA) have received an average rating of “Hold” from the thirteen research firms that are presently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $55.83.

A number of equities research analysts have recently issued reports on the company. Wedbush reiterated an “outperform” rating and set a $60.00 price objective on shares of Papa Johns International in a research note on Wednesday, January 15th. UBS Group decreased their price objective on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Bank of America lifted their price target on Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. KeyCorp downgraded Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Finally, Loop Capital reduced their price objective on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st.

Institutional Investors Weigh In On Papa Johns International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB grew its holdings in Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Papa Johns International by 66.9% in the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after purchasing an additional 259 shares in the last quarter. Copeland Capital Management LLC bought a new stake in Papa Johns International in the third quarter worth $42,000. US Bancorp DE raised its stake in Papa Johns International by 225.4% during the third quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after purchasing an additional 922 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Papa Johns International by 111.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock valued at $56,000 after purchasing an additional 717 shares during the last quarter.

Papa Johns International Price Performance

Shares of NASDAQ:PZZA opened at $38.05 on Friday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 13.26, a P/E/G ratio of 1.94 and a beta of 1.19. The firm’s 50 day simple moving average is $41.11 and its 200 day simple moving average is $46.38. Papa Johns International has a fifty-two week low of $35.28 and a fifty-two week high of $76.91.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.01. The company had revenue of $506.80 million during the quarter, compared to analysts’ expectations of $497.28 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.53 earnings per share. Equities research analysts expect that Papa Johns International will post 2.19 earnings per share for the current year.

Papa Johns International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be given a dividend of $0.46 per share. The ex-dividend date is Monday, February 10th. This represents a $1.84 annualized dividend and a dividend yield of 4.84%. Papa Johns International’s dividend payout ratio (DPR) is presently 64.11%.

About Papa Johns International

Papa John’s International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.