Papa Johns International, Inc. (NASDAQ:PZZA - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday after Jefferies Financial Group lowered their price target on the stock from $55.00 to $42.00. Jefferies Financial Group currently has a hold rating on the stock. Papa Johns International traded as low as $35.92 and last traded at $35.94, with a volume of 93123 shares. The stock had previously closed at $36.85.
Several other research firms also recently commented on PZZA. KeyCorp downgraded shares of Papa Johns International from an "overweight" rating to a "sector weight" rating in a report on Thursday, November 14th. UBS Group cut their price objective on shares of Papa Johns International from $56.00 to $45.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Bank of America boosted their target price on shares of Papa Johns International from $66.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Stephens reiterated an "overweight" rating and issued a $62.00 price target on shares of Papa Johns International in a research report on Monday. Finally, Wedbush reissued an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $58.33.
Check Out Our Latest Analysis on PZZA
Institutional Trading of Papa Johns International
A number of hedge funds have recently bought and sold shares of PZZA. American Century Companies Inc. boosted its holdings in Papa Johns International by 18.1% in the second quarter. American Century Companies Inc. now owns 5,386 shares of the company's stock valued at $253,000 after acquiring an additional 827 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Papa Johns International by 115.0% during the second quarter. Hsbc Holdings PLC now owns 85,440 shares of the company's stock valued at $3,988,000 after acquiring an additional 45,707 shares in the last quarter. Marathon Trading Investment Management LLC bought a new stake in Papa Johns International during the 2nd quarter valued at about $282,000. Inspire Investing LLC grew its holdings in shares of Papa Johns International by 40.4% during the second quarter. Inspire Investing LLC now owns 7,536 shares of the company's stock valued at $354,000 after buying an additional 2,170 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Papa Johns International by 30.2% in the 2nd quarter. Sei Investments Co. now owns 1,214,184 shares of the company's stock worth $57,042,000 after acquiring an additional 281,399 shares during the last quarter.
Papa Johns International Stock Performance
The stock has a fifty day simple moving average of $45.04 and a 200 day simple moving average of $46.91. The firm has a market cap of $1.20 billion, a P/E ratio of 12.76, a price-to-earnings-growth ratio of 1.72 and a beta of 1.19.
Papa Johns International (NASDAQ:PZZA - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company had revenue of $506.80 million for the quarter, compared to the consensus estimate of $497.28 million. During the same quarter last year, the firm posted $0.53 earnings per share. The firm's revenue was down 3.1% compared to the same quarter last year. Research analysts predict that Papa Johns International, Inc. will post 2.21 earnings per share for the current year.
Papa Johns International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend was Monday, November 18th. Papa Johns International's dividend payout ratio (DPR) is presently 64.11%.
About Papa Johns International
(
Get Free Report)
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.
Featured Articles
Before you consider Papa Johns International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Papa Johns International wasn't on the list.
While Papa Johns International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
