Pizza Pizza Royalty (TSE:PZA) Price Target Cut to C$14.00 by Analysts at TD

Key Points

• TD lowered its price target from C$16.00 to C$14.00 and kept a "hold" rating, implying only about a 0.72% upside from the prior close.
• Shares slipped to C$13.90 on heavy volume (453,117 vs. average 47,886), trading near the 12‑month low (C$13.87) and below both the 50‑ and 200‑day moving averages.
• Fundamentals show mixed signals: market cap C$469.9M and P/E 14.79, last quarter EPS C$0.24 with a net margin of 76.59%, and analysts forecast roughly 0.99 EPS for the year.

Pizza Pizza Royalty (TSE:PZA - Get Free Report) had its price objective lowered by equities researchers at TD from C$16.00 to C$14.00 in a report issued on Monday,BayStreet.CA reports. The firm presently has a "hold" rating on the stock. TD's price target would indicate a potential upside of 0.72% from the company's previous close.

Pizza Pizza Royalty Price Performance

Shares of PZA traded down C$1.76 during mid-day trading on Monday, reaching C$13.90. The stock had a trading volume of 453,117 shares, compared to its average volume of 47,886. The firm has a market cap of C$469.89 million, a price-to-earnings ratio of 14.79 and a beta of 0.53. Pizza Pizza Royalty has a 12 month low of C$13.87 and a 12 month high of C$16.73. The business has a fifty day moving average of C$15.86 and a 200 day moving average of C$15.69. The company has a debt-to-equity ratio of 15.24, a quick ratio of 3.03 and a current ratio of 1.64.

Pizza Pizza Royalty (TSE:PZA - Get Free Report) last posted its quarterly earnings results on Wednesday, March 25th. The company reported C$0.24 earnings per share for the quarter. Pizza Pizza Royalty had a net margin of 76.59% and a return on equity of 10.21%. Equities analysts predict that Pizza Pizza Royalty will post 0.9896142 EPS for the current year.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.