Recent Research Analysts’ Ratings Updates for Papa Johns International (PZZA)

Papa Johns International (NASDAQ: PZZA) recently received a number of ratings updates from brokerages and research firms:

• 11/8/2024 – Papa Johns International had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $60.00 price target on the stock.
• 11/8/2024 – Papa Johns International had its price target raised by analysts at UBS Group AG from $47.00 to $56.00. They now have a “neutral” rating on the stock.
• 11/7/2024 – Papa Johns International had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $62.00 price target on the stock.
• 10/22/2024 – Papa Johns International had its price target raised by analysts at Bank of America Co. from $66.00 to $71.00. They now have a “buy” rating on the stock.

Papa Johns International Price Performance

Shares of Papa Johns International stock traded down $1.71 during trading hours on Monday, hitting $53.38. The company had a trading volume of 2,126,349 shares, compared to its average volume of 995,541. The company’s 50-day moving average is $51.52 and its two-hundred day moving average is $49.06. Papa Johns International, Inc. has a twelve month low of $39.90 and a twelve month high of $78.67. The company has a market cap of $1.74 billion, a P/E ratio of 18.60, a price-to-earnings-growth ratio of 3.46 and a beta of 1.19.

Papa Johns International (NASDAQ:PZZA) last issued its earnings results on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The business had revenue of $506.80 million during the quarter, compared to analysts’ expectations of $497.28 million. During the same quarter in the prior year, the business posted $0.53 EPS. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts expect that Papa Johns International, Inc. will post 2.26 EPS for the current year.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Monday, November 18th. Papa Johns International’s payout ratio is 64.11%.

Institutional Trading of Papa Johns International

Institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC raised its position in Papa Johns International by 66.9% in the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after purchasing an additional 259 shares during the last quarter. Copeland Capital Management LLC purchased a new stake in Papa Johns International in the 3rd quarter valued at $42,000. CWM LLC raised its position in Papa Johns International by 65.6% in the 2nd quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after purchasing an additional 525 shares during the last quarter. US Bancorp DE raised its position in Papa Johns International by 225.4% in the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after purchasing an additional 922 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in Papa Johns International in the 3rd quarter valued at $156,000.

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.