Equities analysts expect Papa John's Int'l, Inc. (NASDAQ:PZZA) to announce $0.72 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Papa John's Int'l’s earnings, with the highest EPS estimate coming in at $0.73 and the lowest estimate coming in at $0.70. Papa John's Int'l posted earnings of $0.69 per share during the same quarter last year, which indicates a positive year over year growth rate of 4.3%. The business is expected to announce its next earnings report on Tuesday, February 20th.
According to Zacks, analysts expect that Papa John's Int'l will report full-year earnings of $2.75 per share for the current year, with EPS estimates ranging from $2.72 to $2.79. For the next year, analysts anticipate that the business will report earnings of $2.96 per share, with EPS estimates ranging from $2.73 to $3.25. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Papa John's Int'l.
Papa John's Int'l (NASDAQ:PZZA) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.60 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($0.01). Papa John's Int'l had a return on equity of 4,321.08% and a net margin of 6.12%. The company had revenue of $431.70 million for the quarter, compared to analyst estimates of $427.23 million. During the same period last year, the firm posted $0.57 EPS. The business’s quarterly revenue was up 2.2% on a year-over-year basis.
PZZA has been the topic of several recent analyst reports. Zacks Investment Research lowered Papa John's Int'l from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Nomura decreased their price target on Papa John's Int'l from $78.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, October 27th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Papa John's Int'l in a research note on Tuesday, August 29th. Jefferies Group reaffirmed a “hold” rating and issued a $65.00 price target on shares of Papa John's Int'l in a research note on Friday, November 3rd. Finally, Deutsche Bank initiated coverage on Papa John's Int'l in a research note on Monday. They issued a “hold” rating and a $63.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. Papa John's Int'l has an average rating of “Hold” and an average price target of $77.90.
Shares of Papa John's Int'l (NASDAQ:PZZA) traded up $2.39 during trading on Friday, hitting $60.10. The stock had a trading volume of 1,241,200 shares, compared to its average volume of 632,678. Papa John's Int'l has a twelve month low of $55.05 and a twelve month high of $90.49. The firm has a market cap of $2,022.28, a price-to-earnings ratio of 21.30, a PEG ratio of 1.62 and a beta of 0.40. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of -8.26.
In other news, Director Wayne Kent Taylor acquired 8,860 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average price of $57.53 per share, for a total transaction of $509,715.80. Following the acquisition, the director now owns 30,822 shares of the company’s stock, valued at $1,773,189.66. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 27.70% of the stock is currently owned by insiders.
Hedge funds have recently bought and sold shares of the stock. Flinton Capital Management LLC raised its holdings in shares of Papa John's Int'l by 76.9% in the 2nd quarter. Flinton Capital Management LLC now owns 1,840 shares of the company’s stock valued at $132,000 after buying an additional 800 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in shares of Papa John's Int'l in the 3rd quarter valued at $152,000. Victory Capital Management Inc. raised its holdings in shares of Papa John's Int'l by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,574 shares of the company’s stock valued at $185,000 after buying an additional 386 shares during the period. Trexquant Investment LP purchased a new stake in shares of Papa John's Int'l in the 2nd quarter valued at $201,000. Finally, Riverhead Capital Management LLC raised its holdings in shares of Papa John's Int'l by 87.3% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,996 shares of the company’s stock valued at $215,000 after buying an additional 1,396 shares during the period. Hedge funds and other institutional investors own 84.10% of the company’s stock.
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Papa John's Int'l Company Profile
Papa John’s International, Inc (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units.
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