UBS Group Has Lowered Expectations for Papa Johns International (NASDAQ:PZZA) Stock Price

Papa Johns International (NASDAQ:PZZA - Get Free Report) had its price objective reduced by equities research analysts at UBS Group from $45.00 to $38.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. UBS Group's price objective would indicate a potential upside of 7.25% from the company's current price.

Several other research firms have also recently weighed in on PZZA. Wedbush restated an "outperform" rating and issued a $60.00 price objective on shares of Papa Johns International in a research report on Friday, February 28th. Stifel Nicolaus decreased their price target on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. Stephens restated an "overweight" rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Thursday, February 27th. Jefferies Financial Group cut their target price on shares of Papa Johns International from $55.00 to $42.00 and set a "hold" rating for the company in a research report on Wednesday, January 15th. Finally, Loop Capital lowered their price target on Papa Johns International from $73.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $52.42.

Papa Johns International Price Performance

NASDAQ:PZZA traded down $0.26 during trading hours on Monday, hitting $35.43. The stock had a trading volume of 1,016,327 shares, compared to its average volume of 1,250,270. The company has a 50 day simple moving average of $39.04 and a two-hundred day simple moving average of $43.20. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 2.41 and a beta of 1.09. Papa Johns International has a one year low of $30.16 and a one year high of $60.75.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Virtu Financial LLC bought a new stake in shares of Papa Johns International during the 3rd quarter valued at about $312,000. Atlas Brown Inc. grew its holdings in shares of Papa Johns International by 5.5% during the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company's stock worth $429,000 after acquiring an additional 546 shares during the period. Moody National Bank Trust Division raised its position in shares of Papa Johns International by 142.3% in the 4th quarter. Moody National Bank Trust Division now owns 22,644 shares of the company's stock worth $930,000 after acquiring an additional 13,297 shares in the last quarter. Inspire Investing LLC lifted its stake in shares of Papa Johns International by 27.4% in the 4th quarter. Inspire Investing LLC now owns 9,711 shares of the company's stock valued at $399,000 after purchasing an additional 2,088 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of Papa Johns International by 15.8% during the fourth quarter. Blue Trust Inc. now owns 5,425 shares of the company's stock valued at $223,000 after purchasing an additional 740 shares in the last quarter.

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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