UBS Group Issues Positive Forecast for Papa Johns International (NASDAQ:PZZA) Stock Price

Papa Johns International (NASDAQ:PZZA - Get Free Report) had its price target increased by stock analysts at UBS Group from $47.00 to $56.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's price target suggests a potential upside of 1.65% from the stock's previous close.

A number of other research analysts have also weighed in on PZZA. BMO Capital Markets dropped their price target on shares of Papa Johns International from $75.00 to $65.00 and set an "outperform" rating on the stock in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Papa Johns International from $58.00 to $45.00 and set a "hold" rating on the stock in a research report on Friday, August 9th. Bank of America upped their target price on Papa Johns International from $66.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Wedbush reiterated an "outperform" rating and set a $60.00 price target on shares of Papa Johns International in a report on Friday. Finally, KeyCorp cut their price objective on Papa Johns International from $64.00 to $50.00 and set an "overweight" rating on the stock in a research report on Friday, August 9th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.82.

Papa Johns International Stock Performance

PZZA traded down $0.44 during midday trading on Friday, reaching $55.09. 1,193,628 shares of the company were exchanged, compared to its average volume of 990,330. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 3.66 and a beta of 1.19. Papa Johns International has a one year low of $39.90 and a one year high of $78.67. The company's fifty day moving average price is $51.52 and its 200 day moving average price is $49.28.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.01. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The business had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. Papa Johns International's revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Papa Johns International will post 2.29 earnings per share for the current fiscal year.

Institutional Trading of Papa Johns International

A number of institutional investors have recently modified their holdings of the business. Signaturefd LLC grew its stake in Papa Johns International by 66.9% in the 3rd quarter. Signaturefd LLC now owns 646 shares of the company's stock valued at $35,000 after buying an additional 259 shares in the last quarter. Copeland Capital Management LLC bought a new position in shares of Papa Johns International in the third quarter worth $42,000. CWM LLC grew its position in shares of Papa Johns International by 65.6% in the second quarter. CWM LLC now owns 1,325 shares of the company's stock valued at $62,000 after purchasing an additional 525 shares in the last quarter. US Bancorp DE raised its stake in shares of Papa Johns International by 225.4% during the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company's stock valued at $72,000 after purchasing an additional 922 shares during the period. Finally, nVerses Capital LLC bought a new stake in shares of Papa Johns International during the 3rd quarter valued at $156,000.

Papa Johns International Company Profile

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.