Papa Johns International, Inc. (NASDAQ:PZZA) Given Average Recommendation of "Hold" by Analysts

Shares of Papa Johns International, Inc. (NASDAQ:PZZA - Get Free Report) have been assigned an average rating of "Hold" from the thirteen research firms that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $53.00.

PZZA has been the subject of a number of research analyst reports. Stifel Nicolaus reduced their price target on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating for the company in a research note on Tuesday, April 15th. Benchmark dropped their target price on shares of Papa Johns International from $65.00 to $50.00 and set a "buy" rating on the stock in a report on Monday. Wedbush restated an "outperform" rating and set a $60.00 target price on shares of Papa Johns International in a report on Friday, February 28th. UBS Group dropped their price target on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Finally, Stephens reiterated an "overweight" rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Thursday, February 27th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PZZA. Wilmington Savings Fund Society FSB increased its stake in shares of Papa Johns International by 300.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after acquiring an additional 450 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in Papa Johns International in the 4th quarter worth about $30,000. Jones Financial Companies Lllp raised its stake in shares of Papa Johns International by 111.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock worth $56,000 after purchasing an additional 717 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Papa Johns International during the 4th quarter valued at about $58,000. Finally, State of Wyoming bought a new stake in shares of Papa Johns International in the 4th quarter valued at approximately $87,000.

Papa Johns International Trading Up 2.3 %

Shares of NASDAQ:PZZA opened at $31.59 on Wednesday. The firm's 50 day moving average is $41.47 and its two-hundred day moving average is $44.18. The firm has a market capitalization of $1.03 billion, a P/E ratio of 11.01, a PEG ratio of 2.41 and a beta of 1.25. Papa Johns International has a 52 week low of $30.16 and a 52 week high of $64.67.

Papa Johns International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 5.82%. The ex-dividend date was Monday, February 10th. Papa Johns International's dividend payout ratio is currently 73.02%.

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.

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