Papa Johns International, Inc. (NASDAQ:PZZA) Given Average Rating of “Hold” by Brokerages

Papa Johns International, Inc. (NASDAQ:PZZA) has received a consensus rating of “Hold” from the thirteen ratings firms that are covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $58.33.

A number of equities analysts recently commented on the stock. Bank of America boosted their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. UBS Group reduced their price target on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Wedbush reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Wednesday. KeyCorp downgraded shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Finally, Stephens restated an “overweight” rating and issued a $62.00 price target on shares of Papa Johns International in a report on Monday, January 13th.

Institutional Investors Weigh In On Papa Johns International

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers raised its stake in Papa Johns International by 1.4% in the 2nd quarter. Rhumbline Advisers now owns 103,726 shares of the company’s stock worth $4,873,000 after acquiring an additional 1,410 shares during the last quarter. Quest Partners LLC raised its stake in shares of Papa Johns International by 12.2% in the second quarter. Quest Partners LLC now owns 3,774 shares of the company’s stock worth $177,000 after purchasing an additional 410 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Papa Johns International by 18.1% during the second quarter. American Century Companies Inc. now owns 5,386 shares of the company’s stock worth $253,000 after purchasing an additional 827 shares during the period. Savoir Faire Capital Management L.P. boosted its position in Papa Johns International by 242.4% in the second quarter. Savoir Faire Capital Management L.P. now owns 138,428 shares of the company’s stock valued at $6,503,000 after buying an additional 98,005 shares during the last quarter. Finally, Hsbc Holdings PLC increased its holdings in Papa Johns International by 115.0% in the 2nd quarter. Hsbc Holdings PLC now owns 85,440 shares of the company’s stock worth $3,988,000 after buying an additional 45,707 shares during the period.

Papa Johns International Trading Down 1.6 %

PZZA opened at $36.01 on Monday. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 1.72 and a beta of 1.19. Papa Johns International has a 12-month low of $35.28 and a 12-month high of $78.67. The business’s fifty day simple moving average is $44.28 and its 200-day simple moving average is $46.77.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $506.80 million during the quarter, compared to analyst estimates of $497.28 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 earnings per share. On average, equities research analysts predict that Papa Johns International will post 2.21 EPS for the current year.

Papa Johns International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, November 18th. This represents a $1.84 dividend on an annualized basis and a yield of 5.11%. Papa Johns International’s payout ratio is 64.11%.

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.