Papa Johns International, Inc. (NASDAQ:PZZA) Given Average Rating of “Hold” by Analysts

Papa Johns International, Inc. (NASDAQ:PZZA) has been assigned an average rating of “Hold” from the thirteen analysts that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $60.82.

A number of equities research analysts recently weighed in on the stock. UBS Group raised their price target on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Stephens reissued an “overweight” rating and issued a $62.00 price objective on shares of Papa Johns International in a research report on Friday, December 13th. Wedbush reaffirmed an “outperform” rating and set a $60.00 target price on shares of Papa Johns International in a research report on Friday, December 13th. KeyCorp downgraded Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Finally, Bank of America lifted their price objective on Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Signaturefd LLC boosted its stake in Papa Johns International by 66.9% during the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after buying an additional 259 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in Papa Johns International in the 3rd quarter valued at about $42,000. US Bancorp DE boosted its position in shares of Papa Johns International by 225.4% during the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after purchasing an additional 922 shares in the last quarter. CWM LLC grew its stake in shares of Papa Johns International by 27.5% in the 3rd quarter. CWM LLC now owns 1,690 shares of the company’s stock worth $91,000 after purchasing an additional 365 shares during the last quarter. Finally, nVerses Capital LLC bought a new stake in shares of Papa Johns International in the 3rd quarter worth approximately $156,000.

Papa Johns International Trading Down 3.7 %

Shares of PZZA opened at $40.42 on Thursday. Papa Johns International has a twelve month low of $39.90 and a twelve month high of $78.67. The firm has a market capitalization of $1.32 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 2.27 and a beta of 1.16. The stock’s fifty day simple moving average is $50.52 and its 200 day simple moving average is $48.07.

Papa Johns International (NASDAQ:PZZA) last posted its earnings results on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. Sell-side analysts predict that Papa Johns International will post 2.21 earnings per share for the current year.

Papa Johns International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 18th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend was Monday, November 18th. Papa Johns International’s dividend payout ratio (DPR) is 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.