Papa Johns International (NASDAQ:PZZA) Earns Overweight Rating from Stephens

Papa Johns International (NASDAQ:PZZA - Get Free Report)'s stock had its "overweight" rating reiterated by Stephens in a report issued on Thursday,Benzinga reports. They presently have a $50.00 target price on the stock. Stephens' price objective would suggest a potential downside of 1.24% from the stock's previous close.

A number of other research analysts have also recently commented on PZZA. Wedbush reiterated an "outperform" rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Stifel Nicolaus lowered their price target 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. Northcoast Research raised Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Loop Capital reduced their price objective on shares of Papa Johns International from $60.00 to $56.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Finally, UBS Group reduced their price objective on shares of Papa Johns International from $45.00 to $38.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Papa Johns International presently has an average rating of "Hold" and a consensus price target of $51.25.

Papa Johns International Trading Down 2.2%

NASDAQ:PZZA traded down $1.16 during trading hours on Thursday, reaching $50.63. 1,700,932 shares of the company were exchanged, compared to its average volume of 1,252,380. The stock's 50-day moving average is $38.66 and its 200-day moving average is $41.53. Papa Johns International has a twelve month low of $30.16 and a twelve month high of $60.75. The firm has a market cap of $1.66 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 2.41 and a beta of 1.18.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $518.31 million for the quarter, compared to analysts' expectations of $512.48 million. During the same period in the previous year, the firm posted $0.67 EPS. The business's revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts anticipate that Papa Johns International will post 2.19 EPS for the current year.

Institutional Trading of Papa Johns International

Several hedge funds and other institutional investors have recently bought and sold shares of PZZA. Wilmington Savings Fund Society FSB grew its stake in Papa Johns International by 300.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after acquiring an additional 450 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Papa Johns International by 4,646.7% during 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 during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of Papa Johns International during the 4th quarter valued at $30,000. Smartleaf Asset Management LLC grew its stake in shares of Papa Johns International by 937.8% during 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 during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of Papa Johns International by 111.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock valued at $56,000 after buying an additional 717 shares during the period.

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.