Janney Montgomery Scott reaffirmed their buy rating on shares of Papa John’s International (NASDAQ:PZZA) in a report released on Wednesday, StockRatingsNetwork.com reports. Janney Montgomery Scott currently has a $85.00 price objective on the stock.
Janney Montgomery Scott has also taken action a number of other consumer discretionary stocks recently. The firm lowered its price target on shares of Boyd Gaming Corp. from $14.00 to $9.00. They have a neutral rating on that stock. Also, Janney Montgomery Scott raised its price target on shares of MGM Resorts International from $20.00 to $24.00. They have a buy rating on that stock.
Separately, analysts at Feltl & Co. raised their price target on shares of Papa John’s International from $70.00 to $74.00 in a research note to investors on Wednesday. They now have a hold rating on the stock.
Shares of Papa John’s International (NASDAQ:PZZA) traded up 1.30% on Wednesday, hitting $76.95. 60,936 shares of the company’s stock traded hands. Papa John’s International has a one year low of $46.42 and a one year high of $78.51. The stock’s 50-day moving average is $72.57 and its 200-day moving average is $68.32. The company has a market cap of $1.672 billion and a price-to-earnings ratio of 26.17.
Papa John’s International (NASDAQ:PZZA) last released its earnings data on Tuesday, November 5th. The company reported $0.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $346.34 million for the quarter, compared to the consensus estimate of $347.85 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts predict that Papa John’s International will post $3.07 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 22nd. Stockholders of record on Monday, November 11th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, November 6th.
Papa John’s International, Inc (NASDAQ:PZZA) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants under the trademark Papa John’s.
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