Analysts forecast that Papa John’s Int’l, Inc. (NASDAQ:PZZA) will post earnings of $0.23 per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Papa John’s Int’l’s earnings, with the highest EPS estimate coming in at $0.33 and the lowest estimate coming in at $0.12. Papa John’s Int’l posted earnings per share of $0.65 during the same quarter last year, which indicates a negative year-over-year growth rate of 64.6%. The firm is expected to announce its next quarterly earnings report on Tuesday, February 26th.
According to Zacks, analysts expect that Papa John’s Int’l will report full-year earnings of $1.38 per share for the current year, with EPS estimates ranging from $1.32 to $1.44. For the next fiscal year, analysts anticipate that the business will report earnings of $1.34 per share, with EPS estimates ranging from $1.20 to $1.41. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Papa John’s Int’l.
Get Papa John's Int'l alerts:PZZA has been the subject of several research reports. Citigroup raised their price target on shares of Papa John’s Int’l from $51.00 to $64.00 and gave the stock a “buy” rating in a report on Monday, November 12th. Stifel Nicolaus decreased their price target on shares of Papa John’s Int’l from $38.00 to $6.00 and set a “hold” rating for the company in a report on Friday, February 1st. ValuEngine upgraded shares of Papa John’s Int’l from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. BidaskClub cut shares of Papa John’s Int’l from a “buy” rating to a “hold” rating in a report on Wednesday, November 28th. Finally, Zacks Investment Research upgraded shares of Papa John’s Int’l from a “sell” rating to a “hold” rating in a report on Thursday, November 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $52.17.
PZZA stock opened at $45.26 on Friday. The company has a market cap of $1.37 billion, a P/E ratio of 17.27, a P/E/G ratio of 2.46 and a beta of 0.52. Papa John’s Int’l has a 52 week low of $38.05 and a 52 week high of $64.18.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 22nd. Investors of record on Monday, February 11th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Friday, February 8th. Papa John’s Int’l’s dividend payout ratio is currently 34.35%.
Hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its position in Papa John’s Int’l by 140.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,114 shares of the company’s stock valued at $44,000 after acquiring an additional 650 shares in the last quarter. Dupont Capital Management Corp bought a new position in Papa John’s Int’l during the fourth quarter valued at approximately $105,000. Janus Henderson Group PLC bought a new position in Papa John’s Int’l during the third quarter valued at approximately $200,000. Municipal Employees Retirement System of Michigan bought a new position in Papa John’s Int’l during the fourth quarter valued at approximately $219,000. Finally, Suntrust Banks Inc. bought a new position in Papa John’s Int’l during the fourth quarter valued at approximately $222,000. Institutional investors and hedge funds own 83.36% of the company’s stock.
About Papa John’s Int’l
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 five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.
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