Papa Johns International, Inc. (NASDAQ:PZZA) Receives $58.82 Consensus PT from Brokerages

Papa Johns International, Inc. (NASDAQ:PZZA) has received an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $58.82.

A number of research firms have issued reports on PZZA. Piper Sandler cut their target price on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Stephens reaffirmed an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft reduced their price target on Papa Johns International from $58.00 to $45.00 and set a “hold” rating for the company in a report on Friday, August 9th. UBS Group reduced their target price on shares of Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Finally, Loop Capital dropped their price target on shares of Papa Johns International from $97.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, May 10th.

Institutional Trading of Papa Johns International

Hedge funds have recently added to or reduced their stakes in the business. SRS Capital Advisors Inc. boosted its position in shares of Papa Johns International by 396.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 422 shares of the company’s stock valued at $32,000 after acquiring an additional 337 shares during the period. Principal Securities Inc. acquired a new stake in Papa Johns International in the 4th quarter worth $41,000. CWM LLC increased its holdings in shares of Papa Johns International by 23.5% during the 4th quarter. CWM LLC now owns 819 shares of the company’s stock worth $62,000 after purchasing an additional 156 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in shares of Papa Johns International during the fourth quarter valued at about $114,000. Finally, Quadrant Capital Group LLC lifted its stake in shares of Papa Johns International by 140.4% in the fourth quarter. Quadrant Capital Group LLC now owns 1,601 shares of the company’s stock valued at $122,000 after buying an additional 935 shares during the period.

Papa Johns International Stock Performance

Papa Johns International stock opened at $46.26 on Friday. The company has a 50 day moving average price of $44.71 and a 200 day moving average price of $56.79. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.56, a P/E/G ratio of 2.74 and a beta of 1.16. Papa Johns International has a 52 week low of $39.90 and a 52 week high of $80.18.

Papa Johns International (NASDAQ:PZZA) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.08. The firm had revenue of $507.89 million during the quarter, compared to analyst estimates of $520.13 million. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the company posted $0.59 EPS. Equities analysts forecast that Papa Johns International will post 2.29 earnings per share for the current fiscal year.

Papa Johns International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Monday, August 19th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 3.98%. The ex-dividend date is Monday, August 19th. Papa Johns International’s dividend payout ratio is currently 81.78%.

Papa Johns International Company Profile

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.