Media coverage about Papa John’s Pizza (NASDAQ:PZZA) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Papa John’s Pizza earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.5948361758353 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s analysis:
Shares of PZZA opened at $62.12 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.28 and a debt-to-equity ratio of -4.21. Papa John’s Pizza has a 52-week low of $54.00 and a 52-week high of $85.20. The firm has a market capitalization of $2,001.26, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56.
Papa John’s Pizza (NASDAQ:PZZA) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.02). Papa John’s Pizza had a net margin of 5.79% and a negative return on equity of 366.49%. The business had revenue of $467.60 million during the quarter, compared to the consensus estimate of $463.61 million. During the same quarter in the previous year, the firm posted $0.69 EPS. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. equities research analysts forecast that Papa John’s Pizza will post 2.48 earnings per share for the current year.
Several research firms recently commented on PZZA. Zacks Investment Research upgraded Papa John’s Pizza from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. BidaskClub upgraded Papa John’s Pizza from a “sell” rating to a “hold” rating in a research report on Wednesday, April 4th. Nomura reiterated a “hold” rating and issued a $58.00 price objective on shares of Papa John’s Pizza in a research report on Friday, December 22nd. Finally, Deutsche Bank assumed coverage on Papa John’s Pizza in a research report on Monday, December 18th. They issued a “hold” rating and a $63.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. Papa John’s Pizza presently has a consensus rating of “Hold” and an average target price of $76.60.
In other news, CFO Lance F. Tucker sold 36,783 shares of Papa John’s Pizza stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $59.42, for a total value of $2,185,645.86. Following the completion of the sale, the chief financial officer now directly owns 32,239 shares of the company’s stock, valued at approximately $1,915,641.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark S. Shapiro sold 8,232 shares of Papa John’s Pizza stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $60.78, for a total value of $500,340.96. Following the completion of the sale, the director now directly owns 25,070 shares of the company’s stock, valued at $1,523,754.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,781 shares of company stock valued at $2,793,713. Corporate insiders own 27.70% of the company’s stock.
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About Papa John’s Pizza
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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