Zacks Research Analysts Lower Earnings Estimates for Papa Johns International, Inc. (NASDAQ:PZZA)

Papa Johns International, Inc. (NASDAQ:PZZA) – Analysts at Zacks Research cut their FY2026 EPS estimates for shares of Papa Johns International in a research report issued on Tuesday, October 15th. Zacks Research analyst M. Kaushik now expects that the company will post earnings of $2.76 per share for the year, down from their prior forecast of $2.78. The consensus estimate for Papa Johns International’s current full-year earnings is $2.27 per share.

Several other research firms have also recently commented on PZZA. UBS Group cut their price target on 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. Stephens reaffirmed an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a report on Thursday, August 8th. KeyCorp cut their price target on shares of Papa Johns International from $64.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, August 9th. Stifel Nicolaus lowered their price objective on Papa Johns International from $55.00 to $45.00 and set a “hold” rating on the stock in a report on Wednesday, June 26th. Finally, Bank of America dropped their target price on Papa Johns International from $78.00 to $69.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Papa Johns International has a consensus rating of “Moderate Buy” and an average target price of $58.82.

Papa Johns International Trading Up 4.1 %

Papa Johns International stock opened at $53.75 on Wednesday. The stock has a 50 day moving average of $48.74 and a two-hundred day moving average of $50.30. Papa Johns International has a twelve month low of $39.90 and a twelve month high of $78.67. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.97 and a beta of 1.20.

Papa Johns International (NASDAQ:PZZA) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.08. Papa Johns International had a net margin of 3.25% and a negative return on equity of 19.85%. The company had revenue of $507.89 million for the quarter, compared to the consensus estimate of $520.13 million. During the same period last year, the firm posted $0.59 EPS. Papa Johns International’s revenue for the quarter was down 1.3% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. CWM LLC increased its holdings in Papa Johns International by 65.6% during the 2nd quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after acquiring an additional 525 shares in the last quarter. nVerses Capital LLC acquired a new position in shares of Papa Johns International during the 3rd quarter worth approximately $156,000. Blue Trust Inc. lifted its stake in Papa Johns International by 16.8% in the 2nd quarter. Blue Trust Inc. now owns 3,609 shares of the company’s stock valued at $170,000 after buying an additional 520 shares in the last quarter. Quest Partners LLC lifted its stake in Papa Johns International by 12.2% in the 2nd quarter. Quest Partners LLC now owns 3,774 shares of the company’s stock valued at $177,000 after buying an additional 410 shares in the last quarter. Finally, EntryPoint Capital LLC grew its holdings in Papa Johns International by 379.7% during the 1st quarter. EntryPoint Capital LLC now owns 3,315 shares of the company’s stock valued at $221,000 after buying an additional 2,624 shares during the last quarter.

Papa Johns International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Monday, August 19th. Papa Johns International’s dividend payout ratio (DPR) is 81.78%.

About Papa Johns International

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.