Papa John’s Int’l, Inc. (PZZA) Receives Average Rating of “Hold” from Analysts

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Papa John’s Int’l, Inc. (NASDAQ:PZZA) has received a consensus rating of “Hold” from the nine analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $57.20.

Several equities analysts have issued reports on the company. Zacks Investment Research reiterated a “hold” rating on shares of Papa John’s Int’l in a research report on Wednesday, November 14th. BidaskClub upgraded Papa John’s Int’l from a “sell” rating to a “hold” rating in a research report on Wednesday. Longbow Research boosted their target price on Papa John’s Int’l from $52.00 to $61.00 and gave the stock a “buy” rating in a research report on Monday, October 15th. Stifel Nicolaus boosted their target price on Papa John’s Int’l from $38.00 to $48.00 and gave the stock a “hold” rating in a research report on Thursday, October 11th. Finally, ValuEngine downgraded Papa John’s Int’l from a “buy” rating to a “hold” rating in a research report on Friday, December 28th.

Several hedge funds have recently added to or reduced their stakes in the company. Epoch Investment Partners Inc. grew its stake in shares of Papa John’s Int’l by 7.1% during the second quarter. Epoch Investment Partners Inc. now owns 717,777 shares of the company’s stock worth $36,406,000 after purchasing an additional 47,448 shares during the period. Credit Suisse AG grew its stake in shares of Papa John’s Int’l by 1,565.4% during the third quarter. Credit Suisse AG now owns 563,736 shares of the company’s stock worth $28,909,000 after purchasing an additional 529,887 shares during the period. FIL Ltd acquired a new stake in shares of Papa John’s Int’l during the third quarter worth $24,598,000. Point72 Asset Management L.P. grew its stake in shares of Papa John’s Int’l by 34.5% during the third quarter. Point72 Asset Management L.P. now owns 395,419 shares of the company’s stock worth $20,277,000 after purchasing an additional 101,376 shares during the period. Finally, Canada Pension Plan Investment Board grew its stake in shares of Papa John’s Int’l by 231.7% during the third quarter. Canada Pension Plan Investment Board now owns 222,900 shares of the company’s stock worth $11,430,000 after purchasing an additional 155,700 shares during the period. Institutional investors own 80.46% of the company’s stock.

Shares of Papa John’s Int’l stock traded up $0.08 during midday trading on Friday, hitting $42.56. 420,020 shares of the company were exchanged, compared to its average volume of 456,987. The company has a market capitalization of $1.34 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 2.22 and a beta of 0.43. Papa John’s Int’l has a 52 week low of $38.05 and a 52 week high of $69.45.

Papa John’s Int’l (NASDAQ:PZZA) last posted its earnings results on Tuesday, November 6th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.03). Papa John’s Int’l had a negative return on equity of 27.98% and a net margin of 2.64%. The company had revenue of $364.01 million for the quarter, compared to the consensus estimate of $390.62 million. During the same quarter last year, the business earned $0.60 EPS. Papa John’s Int’l’s quarterly revenue was down 15.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Papa John’s Int’l will post 1.48 EPS for the current year.

About Papa John’s Int’l

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. It operates through five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

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Analyst Recommendations for Papa John`s Int`l (NASDAQ:PZZA)

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