Papa John's International, Inc. (NASDAQ:PZZA) Receives Average Rating of "Hold" from Brokerages

Papa John's International, Inc. (NASDAQ:PZZA - Get Free Report) has been given an average rating of "Hold" by the thirteen analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $50.50.

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PZZA has been the topic of several analyst reports. Benchmark reiterated a "buy" rating and set a $60.00 price target (up previously from $50.00) on shares of Papa John's International in a research note on Monday, August 11th. UBS Group reissued a "neutral" rating and set a $42.00 price target on shares of Papa John's International in a report on Monday, November 10th. Stifel Nicolaus raised their price objective on Papa John's International from $38.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, August 15th. Mizuho upgraded Papa John's International to a "hold" rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Papa John's International in a report on Monday.

Check Out Our Latest Stock Analysis on PZZA

Papa John's International Trading Up 1.7%

• Is Domino’s Recent Dip a Recipe for Long-Term Gains?

Papa John's International stock opened at $42.87 on Thursday. The firm has a market cap of $1.41 billion, a P/E ratio of 38.28, a P/E/G ratio of 4.40 and a beta of 1.16. Papa John's International has a 1-year low of $30.16 and a 1-year high of $55.74. The firm has a 50-day moving average of $45.77 and a 200-day moving average of $46.25.

Papa John's International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The firm had revenue of $508.15 million for the quarter, compared to analysts' expectations of $523.67 million. Papa John's International had a net margin of 1.79% and a negative return on equity of 13.54%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS. Research analysts forecast that Papa John's International will post 2.19 earnings per share for the current fiscal year.

Papa John's International Dividend Announcement

• Is Papa John’s Ready to Rise Again?

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 17th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, November 17th. Papa John's International's dividend payout ratio (DPR) is presently 164.29%.

Institutional Investors Weigh In On Papa John's International

Institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its holdings in Papa John's International by 4.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 399,784 shares of the company's stock worth $16,423,000 after purchasing an additional 15,892 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Papa John's International in the second quarter worth $309,000. WBI Investments LLC boosted its position in shares of Papa John's International by 46.5% during the second quarter. WBI Investments LLC now owns 37,844 shares of the company's stock worth $1,852,000 after acquiring an additional 12,004 shares during the last quarter. Dean Capital Management boosted its position in shares of Papa John's International by 45.7% during the first quarter. Dean Capital Management now owns 62,151 shares of the company's stock worth $2,553,000 after acquiring an additional 19,488 shares during the last quarter. Finally, LPL Financial LLC grew its stake in Papa John's International by 438.4% during the first quarter. LPL Financial LLC now owns 68,528 shares of the company's stock valued at $2,815,000 after acquiring an additional 55,801 shares in the last quarter.

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.

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