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

Shares of Papa Johns International, Inc. (NASDAQ:PZZA - Get Free Report) have received an average rating of "Hold" from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $51.25.

Several research firms have recently weighed in on PZZA. Northcoast Research raised Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Stephens restated an "overweight" rating and set a $50.00 price objective on shares of Papa Johns International in a report on Thursday, May 8th. Stifel Nicolaus decreased their price objective on Papa Johns International from $40.00 to $38.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. Loop Capital decreased their price objective on Papa Johns International from $60.00 to $56.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Finally, Wedbush restated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PZZA. Arrowstreet Capital Limited Partnership lifted its stake in shares of Papa Johns International by 117.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,118,403 shares of the company's stock worth $45,933,000 after purchasing an additional 603,650 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Papa Johns International during the fourth quarter worth about $17,328,000. NewEdge Wealth LLC acquired a new position in shares of Papa Johns International during the first quarter worth about $14,348,000. Segall Bryant & Hamill LLC lifted its stake in shares of Papa Johns International by 131.4% during the fourth quarter. Segall Bryant & Hamill LLC now owns 576,329 shares of the company's stock worth $23,670,000 after purchasing an additional 327,300 shares in the last quarter. Finally, Boothbay Fund Management LLC increased its position in shares of Papa Johns International by 124.8% during the fourth quarter. Boothbay Fund Management LLC now owns 540,694 shares of the company's stock worth $22,206,000 after acquiring an additional 300,138 shares during the last quarter.

Papa Johns International Price Performance

Shares of NASDAQ PZZA opened at $40.34 on Friday. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The business has a 50-day moving average of $37.41 and a two-hundred day moving average of $42.28. Papa Johns International has a 1 year low of $30.16 and a 1 year high of $60.75.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.03. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company had revenue of $518.31 million during the quarter, compared to the consensus estimate of $512.48 million. During the same period in the previous year, the business earned $0.67 EPS. Papa Johns International's revenue for the quarter was up .9% on a year-over-year basis. As a group, equities research analysts expect that Papa Johns International will post 2.19 earnings per share for the current year.

Papa Johns International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 19th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend is Monday, May 19th. Papa Johns International's dividend payout ratio is presently 78.30%.

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.

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