Papa John's International, Inc. (NASDAQ:PZZA) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Papa John's International has received a consensus rating of "Hold" from eleven analysts, with six recommending a hold and five a buy. The average twelve-month price target is $52.33.
• The company recently reported earnings of $0.41 per share, exceeding estimates, with revenues increasing by 4.2% year-over-year.
• Papa John's International has declared a quarterly dividend of $0.46 per share, representing an annual yield of 3.8% and a payout ratio of 81.42%.

Papa John's International, Inc. (NASDAQ:PZZA - Get Free Report) has been given a consensus rating of "Hold" by the eleven analysts that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $52.3333.

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their target price on Papa John's International from $40.00 to $46.00 and gave the company a "hold" rating in a research note on Monday, August 11th. Benchmark reaffirmed a "buy" rating and set a $60.00 target price (up previously from $50.00) on shares of Papa John's International in a research note on Monday, August 11th. UBS Group reaffirmed a "neutral" rating and set a $42.00 target price (up previously from $38.00) on shares of Papa John's International in a research note on Monday, August 4th. Stephens reaffirmed an "overweight" rating and set a $52.00 target price (up previously from $50.00) on shares of Papa John's International in a research note on Friday, August 8th. Finally, Loop Capital lowered their target price on Papa John's International from $60.00 to $56.00 and set a "buy" rating on the stock in a research note on Friday, May 9th.

Papa John's International Trading Up 4.2%

Shares of PZZA opened at $48.22 on Tuesday. The business's 50-day moving average price is $46.02 and its 200 day moving average price is $43.14. The stock has a market capitalization of $1.58 billion, a P/E ratio of 21.34, a P/E/G ratio of 2.56 and a beta of 1.13. Papa John's International has a 1-year low of $30.16 and a 1-year high of $60.75.

Papa John's International (NASDAQ:PZZA - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. Papa John's International had a negative return on equity of 14.42% and a net margin of 3.58%.The firm had revenue of $529.17 million for the quarter, compared to analysts' expectations of $515.48 million. During the same quarter last year, the business posted $0.61 EPS. Papa John's International's revenue was up 4.2% on a year-over-year basis. On average, research analysts predict that Papa John's International will post 2.19 earnings per share for the current year.

Papa John's International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Monday, August 18th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $1.84 annualized dividend and a dividend yield of 3.8%. Papa John's International's payout ratio is presently 81.42%.

Institutional Investors Weigh In On Papa John's International

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Papa John's International by 4,646.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 712 shares of the company's stock valued at $29,000 after buying an additional 697 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Papa John's International by 937.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 851 shares of the company's stock valued at $34,000 after buying an additional 769 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Papa John's International by 181.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 947 shares of the company's stock valued at $46,000 after buying an additional 611 shares in the last quarter. Investors Research Corp bought a new stake in shares of Papa John's International in the 2nd quarter valued at approximately $49,000. Finally, Huntington National Bank grew its stake in shares of Papa John's International by 7,600.0% in the 2nd quarter. Huntington National Bank now owns 1,001 shares of the company's stock valued at $49,000 after buying an additional 988 shares in the last quarter.

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.

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