Wedbush Reaffirms “Outperform” Rating for Papa Johns International (NASDAQ:PZZA)

Wedbush reissued their outperform rating on shares of Papa Johns International (NASDAQ:PZZA) in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a $60.00 target price on the stock. Wedbush also issued estimates for Papa Johns International’s Q2 2025 earnings at $0.54 EPS, Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.56 EPS and FY2026 earnings at $2.29 EPS.

PZZA has been the topic of several other reports. Stephens reissued an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a research report on Thursday. Jefferies Financial Group cut their target price on Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a research report on Wednesday, January 15th. Loop Capital cut 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. KeyCorp downgraded Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Finally, UBS Group cut their price target on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $55.67.

Papa Johns International Price Performance

NASDAQ PZZA opened at $45.35 on Friday. The stock’s fifty day moving average price is $41.40 and its 200 day moving average price is $46.76. Papa Johns International has a 1 year low of $35.28 and a 1 year high of $76.91. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 2.41 and a beta of 1.19.

Papa Johns International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 4.06%. The ex-dividend date was Monday, February 10th. Papa Johns International’s payout ratio is currently 64.11%.

Institutional Investors Weigh In On Papa Johns International

Hedge funds have recently modified their holdings of the company. Irth Capital Management LP purchased a new stake in shares of Papa Johns International during the 4th quarter worth about $66,883,000. Moody National Bank Trust Division lifted its stake in 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 valued at $930,000 after buying an additional 13,297 shares in the last quarter. Natixis Advisors LLC lifted its stake in Papa Johns International by 85.9% in the 3rd quarter. Natixis Advisors LLC now owns 190,037 shares of the company’s stock valued at $10,237,000 after buying an additional 87,801 shares in the last quarter. Stephens Investment Management Group LLC lifted its stake in Papa Johns International by 19.3% in the 3rd quarter. Stephens Investment Management Group LLC now owns 1,091,733 shares of the company’s stock valued at $58,812,000 after buying an additional 176,470 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Papa Johns International by 8.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 378,676 shares of the company’s stock valued at $20,399,000 after buying an additional 28,883 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.