Papa Johns International, Inc. (NASDAQ:PZZA - Get Free Report)'s share price traded down 2.2% on Monday . The company traded as low as $43.62 and last traded at $43.73. 203,297 shares traded hands during trading, a decline of 83% from the average session volume of 1,174,879 shares. The stock had previously closed at $44.72.
Analyst Ratings Changes
PZZA has been the topic of several research analyst reports. Stephens reaffirmed an "overweight" rating and issued a $60.00 price target on shares of Papa Johns International in a research report on Thursday, February 27th. Loop Capital lowered their target price on Papa Johns International from $73.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Jefferies Financial Group cut their price target on Papa Johns International from $55.00 to $42.00 and set a "hold" rating for the company in a report on Wednesday, January 15th. Stifel Nicolaus reduced their price objective on Papa Johns International from $45.00 to $40.00 and set a "hold" rating for the company in a research report on Wednesday. Finally, UBS Group dropped their target price on shares of Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Papa Johns International currently has an average rating of "Hold" and an average price target of $55.25.
Read Our Latest Stock Report on PZZA
Papa Johns International Stock Performance
The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 13.98, a price-to-earnings-growth ratio of 2.41 and a beta of 1.16. The firm's 50-day moving average price is $43.52 and its two-hundred day moving average price is $46.46.
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 given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date was Monday, February 10th. Papa Johns International's dividend payout ratio (DPR) is 73.02%.
Institutional Investors Weigh In On Papa Johns International
Several institutional investors and hedge funds have recently made changes to their positions in PZZA. Earnest Partners LLC increased its position in shares of Papa Johns International by 1.1% during the 4th quarter. Earnest Partners LLC now owns 2,589,991 shares of the company's stock worth $106,371,000 after purchasing an additional 27,912 shares in the last quarter. Irth Capital Management LP acquired a new stake in shares of Papa Johns International during the fourth quarter worth approximately $66,883,000. Sei Investments Co. raised its stake in shares of Papa Johns International by 7.3% in the fourth quarter. Sei Investments Co. now owns 1,500,739 shares of the company's stock valued at $61,635,000 after acquiring an additional 102,128 shares during the last quarter. Deprince Race & Zollo Inc. boosted its holdings in shares of Papa Johns International by 14.6% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,358,945 shares of the company's stock worth $55,812,000 after acquiring an additional 173,316 shares in the last quarter. Finally, Stephens Investment Management Group LLC boosted its holdings in shares of Papa Johns International by 6.0% in the 4th quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company's stock worth $47,506,000 after acquiring an additional 64,972 shares in the last quarter.
Papa Johns International Company Profile
(
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.
Read More
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
