Papa John’s Int’l, Inc. (PZZA) Receives Average Rating of “Hold” from Brokerages

Shares of Papa John’s Int’l, Inc. (NASDAQ:PZZA) have received an average rating of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $54.80.

PZZA has been the topic of a number of analyst reports. BidaskClub upgraded Papa John’s Int’l from a “hold” rating to a “buy” rating in a research report on Saturday, March 16th. Citigroup reduced their price target on Papa John’s Int’l from $64.00 to $55.00 and set a “buy” rating on the stock in a research report on Friday, March 8th. ValuEngine lowered Papa John’s Int’l from a “buy” rating to a “hold” rating in a research report on Friday, December 28th. Finally, Stifel Nicolaus upgraded Papa John’s Int’l from a “sell” rating to a “hold” rating and upped their price target for the company from $35.00 to $45.00 in a research report on Wednesday, March 27th.

Several institutional investors have recently made changes to their positions in the stock. Deprince Race & Zollo Inc. boosted its position in shares of Papa John’s Int’l by 6.6% during the 1st quarter. Deprince Race & Zollo Inc. now owns 688,073 shares of the company’s stock valued at $36,433,000 after purchasing an additional 42,546 shares in the last quarter. Huber Financial Advisors LLC boosted its position in shares of Papa John’s Int’l by 27.1% during the 1st quarter. Huber Financial Advisors LLC now owns 11,586 shares of the company’s stock valued at $613,000 after purchasing an additional 2,468 shares in the last quarter. St. Johns Investment Management Company LLC bought a new stake in shares of Papa John’s Int’l during the 1st quarter valued at about $61,000. Meeder Asset Management Inc. boosted its position in shares of Papa John’s Int’l by 78.9% during the 1st quarter. Meeder Asset Management Inc. now owns 16,528 shares of the company’s stock valued at $875,000 after purchasing an additional 7,289 shares in the last quarter. Finally, Massey Quick Simon & CO. LLC bought a new stake in shares of Papa John’s Int’l during the 1st quarter valued at about $32,000. Institutional investors own 77.13% of the company’s stock.

Shares of NASDAQ PZZA traded up $1.31 during trading on Monday, reaching $49.26. The company had a trading volume of 604,962 shares, compared to its average volume of 1,109,157. Papa John’s Int’l has a 12 month low of $38.05 and a 12 month high of $64.18. The firm has a market capitalization of $1.57 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 3.62 and a beta of 0.54.

Papa John’s Int’l (NASDAQ:PZZA) last released its quarterly earnings results on Tuesday, February 26th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Papa John’s Int’l had a net margin of 0.10% and a negative return on equity of 16.11%. The company had revenue of $373.98 million during the quarter, compared to the consensus estimate of $393.05 million. During the same quarter last year, the firm posted $0.65 EPS. The company’s quarterly revenue was down 20.0% on a year-over-year basis. On average, analysts forecast that Papa John’s Int’l will post 1.1 earnings per share for the current year.

Papa John’s Int’l 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. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.

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Analyst Recommendations for Papa John`s Int`l (NASDAQ:PZZA)

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