Zacks Research Analysts Reduce Earnings Estimates for PZZA

Key Points

• Zacks Research has reduced its Q1 2027 earnings estimate for Papa John's International from $0.55 to **$0.53 per share**, impacting the company's full-year earnings forecast, which is anticipated at **$2.19 per share**.
• Several analysts have updated target prices for Papa John's stock, with UBS setting a target of **$42.00**, Deutsche Bank increasing it to **$46.00**, and Benchmark raising it to **$60.00**, showing varied investor sentiment.
• The company recently declared a quarterly dividend of **$0.46**, reflecting an annualized yield of **3.7%**, though it has a high dividend payout ratio of **81.42%**.

Papa John's International, Inc. (NASDAQ:PZZA - Free Report) - Equities researchers at Zacks Research reduced their Q1 2027 earnings per share estimates for Papa John's International in a note issued to investors on Friday, September 12th. Zacks Research analyst Team now anticipates that the company will earn $0.53 per share for the quarter, down from their previous forecast of $0.55. The consensus estimate for Papa John's International's current full-year earnings is $2.19 per share. Zacks Research also issued estimates for Papa John's International's FY2027 earnings at $2.33 EPS.

Other equities analysts have also issued reports about the company. UBS Group reiterated a "neutral" rating and issued a $42.00 target price (up from $38.00) on shares of Papa John's International in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft upped 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. Stifel Nicolaus upped their target price on Papa John's International from $38.00 to $42.00 and gave the company a "hold" rating in a research note on Friday, August 15th. Benchmark reiterated a "buy" rating and issued a $60.00 target price (up from $50.00) on shares of Papa John's International in a research note on Monday, August 11th. Finally, Stephens restated an "overweight" rating and set a $52.00 price target (up from $50.00) on shares of Papa John's International in a research note on Friday, August 8th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $52.33.

Papa John's International Trading Up 0.7%

Papa John's International stock opened at $50.41 on Monday. The firm has a market capitalization of $1.65 billion, a P/E ratio of 22.31, a PEG ratio of 2.78 and a beta of 1.15. The stock has a fifty day moving average price of $45.95 and a 200 day moving average price of $43.29. Papa John's International has a 52 week low of $30.16 and a 52 week high of $60.75.

Papa John's International (NASDAQ:PZZA - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $529.17 million during the quarter, compared to analyst estimates of $515.48 million. Papa John's International had a negative return on equity of 14.42% and a net margin of 3.58%.The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 earnings per share.

Papa John's International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, August 18th. Papa John's International's dividend payout ratio (DPR) is currently 81.42%.

Hedge Funds Weigh In On Papa John's International

Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Papa John's International by 10.5% during the 2nd quarter. Bank of America Corp DE now owns 1,700,062 shares of the company's stock valued at $83,201,000 after purchasing an additional 161,906 shares during the period. Westwood Holdings Group Inc. increased its position in shares of Papa John's International by 8.3% during the 4th quarter. Westwood Holdings Group Inc. now owns 1,117,238 shares of the company's stock valued at $45,885,000 after purchasing an additional 85,236 shares during the period. Segall Bryant & Hamill LLC increased its position in shares of Papa John's International by 18.9% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 922,809 shares of the company's stock valued at $45,162,000 after purchasing an additional 146,640 shares during the period. Geode Capital Management LLC increased its position in shares of Papa John's International by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 805,492 shares of the company's stock valued at $39,426,000 after purchasing an additional 5,071 shares during the period. Finally, Brandes Investment Partners LP increased its position in shares of Papa John's International by 271.6% during the 2nd quarter. Brandes Investment Partners LP now owns 690,299 shares of the company's stock valued at $33,783,000 after purchasing an additional 504,514 shares during the period.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.