Papa Johns International (PZZA) Scheduled to Post Earnings on Thursday

Papa Johns International (NASDAQ:PZZA) is set to announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Papa Johns International (NASDAQ:PZZA) last issued its earnings results on Thursday, August 8th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.08. The firm had revenue of $507.89 million for the quarter, compared to analysts’ expectations of $520.13 million. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 earnings per share. On average, analysts expect Papa Johns International to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa Johns International Price Performance

NASDAQ PZZA opened at $51.45 on Thursday. Papa Johns International has a 1-year low of $39.90 and a 1-year high of $78.67. The firm has a market capitalization of $1.70 billion, a P/E ratio of 23.47, a P/E/G ratio of 3.23 and a beta of 1.20. The business’s 50-day simple moving average is $50.23 and its 200-day simple moving average is $49.48.

Papa Johns International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 18th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.84 dividend on an annualized basis and a yield of 3.58%. Papa Johns International’s dividend payout ratio (DPR) is 81.78%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on PZZA. UBS Group lowered their price target on Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, August 9th. BMO Capital Markets decreased their price target on Papa Johns International from $75.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Wedbush reiterated an “outperform” rating and set a $51.00 price objective on shares of Papa Johns International in a research note on Friday, August 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Papa Johns International from $58.00 to $45.00 and set a “hold” rating for the company in a research note on Friday, August 9th. Finally, Stephens reaffirmed an “overweight” rating and set a $60.00 price target on shares of Papa Johns International in a research note on Thursday, August 8th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $59.00.

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.