Papa John's International, Inc. (NASDAQ:PZZA) Receives $51.25 Average PT from Analysts

Key Points

• Papa John's International, Inc. has received a consensus rating of "Hold" from thirteen analysts, with seven analysts recommending hold and six recommending buy.
• The company's current stock price is $42.41, having a twelve-month high of $60.75 and a low of $30.16.
• In its latest quarterly earnings, Papa John's reported an EPS of $0.36, surpassing analysts' expectations of $0.33, with a net margin of 3.77% and revenue increase of 0.9% year-over-year.

Shares of Papa John's International, Inc. (NASDAQ:PZZA - Get Free Report) have received a consensus recommendation of "Hold" from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $51.25.

Several equities research analysts have recently commented on the stock. Stephens reissued an "overweight" rating and set a $50.00 target price on shares of Papa John's International in a research report on Thursday, June 12th. Benchmark reissued a "buy" rating and set a $50.00 target price on shares of Papa John's International in a research report on Monday, May 12th. Loop Capital cut their price target on shares of Papa John's International from $60.00 to $56.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Stifel Nicolaus cut their price target on shares of Papa John's International from $40.00 to $38.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. Finally, UBS Group cut their price target on shares of Papa John's International from $45.00 to $38.00 and set a "neutral" rating on the stock in a report on Monday, May 5th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Papa John's International by 4,646.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 712 shares of the company's stock valued at $29,000 after purchasing an additional 697 shares during the period. CIBC Private Wealth Group LLC bought a new stake in shares of Papa John's International in the fourth quarter valued at approximately $30,000. Smartleaf Asset Management LLC raised its position in shares of Papa John's International by 937.8% in the first quarter. Smartleaf Asset Management LLC now owns 851 shares of the company's stock valued at $34,000 after purchasing an additional 769 shares during the period. Farther Finance Advisors LLC raised its position in shares of Papa John's International by 181.8% in the second quarter. Farther Finance Advisors LLC now owns 947 shares of the company's stock valued at $46,000 after purchasing an additional 611 shares during the period. Finally, Investors Research Corp bought a new stake in shares of Papa John's International in the second quarter valued at approximately $49,000.

Papa John's International Stock Down 1.5%

PZZA traded down $0.62 during midday trading on Friday, hitting $41.79. The company had a trading volume of 623,551 shares, compared to its average volume of 849,634. Papa John's International has a 52 week low of $30.16 and a 52 week high of $60.75. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 3.67 and a beta of 1.13. The stock's 50 day moving average price is $46.84 and its 200 day moving average price is $42.37.

Papa John's International (NASDAQ:PZZA - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The firm had revenue of $518.31 million during the quarter, compared to the consensus estimate of $512.48 million. Papa John's International had a net margin of 3.77% and a negative return on equity of 15.72%. The business's revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. Research analysts predict that Papa John's International will post 2.19 EPS for the current year.

Papa John's International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.4%. Papa John's International's payout ratio is 78.30%.

Papa John's 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.