Papa Johns International (PZZA) Projected to Post Quarterly Earnings on Thursday

Papa Johns International (NASDAQ:PZZA) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $519.71 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Papa Johns International Stock Performance

Shares of NASDAQ PZZA opened at $49.05 on Thursday. The stock has a market cap of $1.60 billion, a PE ratio of 17.09, a PEG ratio of 2.44 and a beta of 1.19. The business has a fifty day moving average of $40.77 and a two-hundred day moving average of $46.58. Papa Johns International has a 52-week low of $35.28 and a 52-week high of $76.91.

Papa Johns International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.75%. Papa Johns International’s payout ratio is presently 64.11%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PZZA. KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Stephens reissued an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 14th. Wedbush reissued an “outperform” rating and set a $60.00 price objective on shares of Papa Johns International in a report on Wednesday, January 15th. UBS Group lowered their target price on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group lowered their target price on Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research note on Wednesday, January 15th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $55.67.

Papa Johns International Company Profile

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.