Papa Johns International (NASDAQ:PZZA) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Papa Johns International (NASDAQ:PZZA - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.11, Zacks reports. The firm had revenue of $530.77 million for the quarter, compared to the consensus estimate of $519.71 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%.

Papa Johns International Trading Down 1.7 %

Shares of NASDAQ PZZA traded down $0.78 during midday trading on Monday, reaching $44.57. The company had a trading volume of 1,086,252 shares, compared to its average volume of 1,856,114. Papa Johns International has a 1 year low of $35.28 and a 1 year high of $72.88. The business's 50-day simple moving average is $41.53 and its 200 day simple moving average is $46.77. The stock has a market cap of $1.45 billion, a P/E ratio of 15.53, a P/E/G ratio of 2.41 and a beta of 1.19.

Papa Johns International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, February 10th. This represents a $1.84 dividend on an annualized basis and a yield of 4.13%. Papa Johns International's payout ratio is 64.11%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PZZA. Stephens reaffirmed an "overweight" rating and set a $60.00 target price on shares of Papa Johns International in a research report on Thursday. Wedbush reaffirmed an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Friday. UBS Group cut their target price on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. KeyCorp lowered shares of Papa Johns International from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 14th. Finally, Loop Capital cut their price objective on shares of Papa Johns International from $73.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $55.67.

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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.