Papa Johns International (PZZA) Scheduled to Post Quarterly Earnings on Thursday

Papa Johns International (NASDAQ:PZZA - Get Free Report) will issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.08. Papa Johns International had a net margin of 3.25% and a negative return on equity of 19.85%. The company had revenue of $507.89 million for the quarter, compared to the consensus estimate of $520.13 million. During the same period last year, the firm posted $0.59 EPS. The company's revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts expect Papa Johns International to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa Johns International Stock Performance

Shares of Papa Johns International stock traded up $0.94 during trading hours on Thursday, reaching $52.39. The company's stock had a trading volume of 719,044 shares, compared to its average volume of 974,045. Papa Johns International has a one year low of $39.90 and a one year high of $78.67. The company's 50 day simple moving average is $50.33 and its 200 day simple moving average is $49.49. The stock has a market cap of $1.73 billion, a P/E ratio of 23.31, a price-to-earnings-growth ratio of 3.23 and a beta of 1.20.

Papa Johns International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.51%. Papa Johns International's dividend payout ratio (DPR) is presently 81.78%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Bank of America increased their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Papa Johns International from $58.00 to $45.00 and set a "hold" rating on the stock in a report on Friday, August 9th. KeyCorp dropped their price objective on shares of Papa Johns International from $64.00 to $50.00 and set an "overweight" rating on the stock in a report on Friday, August 9th. UBS Group lowered their target price on shares of Papa Johns International from $58.00 to $47.00 and set a "neutral" rating on the stock in a research note on Friday, August 9th. Finally, Wedbush reissued an "outperform" rating and set a $51.00 target price on shares of Papa Johns International in a research note on Friday, August 23rd. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Papa Johns International has an average rating of "Moderate Buy" and a consensus target price of $59.00.

About Papa Johns International

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.