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

Papa Johns International, Inc. (NASDAQ:PZZA) has earned an average rating of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $60.82.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets decreased their target price on shares of Papa Johns International from $75.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. Piper Sandler dropped their price target on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. UBS Group boosted their target price on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Stephens restated an “overweight” rating and set a $62.00 price target on shares of Papa Johns International in a research report on Thursday, November 7th. Finally, Bank of America upped their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

Institutional Investors Weigh In On Papa Johns International

Several hedge funds have recently modified their holdings of the business. Signaturefd LLC raised its stake in Papa Johns International by 66.9% during the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock worth $35,000 after acquiring an additional 259 shares in the last quarter. Copeland Capital Management LLC bought a new position in Papa Johns International in the third quarter valued at about $42,000. CWM LLC boosted its holdings in Papa Johns International by 65.6% in the second quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after acquiring an additional 525 shares during the last quarter. US Bancorp DE boosted 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 valued at $72,000 after acquiring an additional 922 shares during the last quarter. Finally, nVerses Capital LLC bought a new position in Papa Johns International during the third quarter worth about $156,000.

Papa Johns International Stock Performance

NASDAQ:PZZA opened at $49.92 on Friday. The stock has a 50-day simple moving average of $51.71 and a 200-day simple moving average of $48.41. The stock has a market cap of $1.63 billion, a P/E ratio of 17.39, a P/E/G ratio of 2.40 and a beta of 1.19. Papa Johns International has a 1 year low of $39.90 and a 1 year high of $78.67.

Papa Johns International (NASDAQ:PZZA) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $506.80 million for the quarter, compared to the consensus estimate of $497.28 million. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 earnings per share. On average, equities research analysts predict that Papa Johns International will post 2.23 EPS for the current year.

Papa Johns International Dividend Announcement

The business also recently announced 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 is Monday, November 18th. This represents a $1.84 dividend on an annualized basis and a yield of 3.69%. Papa Johns International’s payout ratio is currently 64.11%.

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.