News coverage about Papa John’s Int’l (NASDAQ:PZZA) has trended negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Papa John’s Int’l earned a coverage optimism score of -2.00 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Papa John’s Int’l’s analysis:
- Papa John’s Int’l (PZZA) Announces Quarterly Earnings Results (americanbankingnews.com)
- Papa John's International Inc (PZZA) Q3 2018 Earnings Conference Call Transcript (finance.yahoo.com)
- [$$] Papa John’s Sales Fall for Fourth Consecutive Quarter (finance.yahoo.com)
- Edited Transcript of PZZA earnings conference call or presentation 6-Nov-18 10:00pm GMT (finance.yahoo.com)
- Papa John's CEO: 'More work needs to be done' to win back consumer trust (finance.yahoo.com)
PZZA has been the topic of a number of research reports. Bank of America raised shares of Papa John’s Int’l from a “neutral” rating to a “buy” rating in a report on Monday, August 27th. Stephens lowered their price target on shares of Papa John’s Int’l from $60.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, August 8th. Stifel Nicolaus lowered their price target on shares of Papa John’s Int’l from $38.00 to $35.00 and set a “sell” rating on the stock in a report on Wednesday, August 8th. ValuEngine cut shares of Papa John’s Int’l from a “hold” rating to a “sell” rating in a report on Tuesday, September 4th. Finally, Longbow Research boosted their target price on shares of Papa John’s Int’l from $52.00 to $61.00 and gave the company a “buy” rating in a report on Monday, October 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $57.88.
Papa John’s Int’l (NASDAQ:PZZA) last released its quarterly earnings results on Tuesday, November 6th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). The firm had revenue of $364.01 million during the quarter, compared to the consensus estimate of $390.62 million. Papa John’s Int’l had a negative return on equity of 30.50% and a net margin of 2.64%. The company’s revenue for the quarter was down 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. On average, equities research analysts forecast that Papa John’s Int’l will post 1.51 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, November 23rd. Stockholders of record on Monday, November 12th will be issued a $0.225 dividend. The ex-dividend date is Thursday, November 8th. This represents a $0.90 annualized dividend and a dividend yield of 1.60%. Papa John’s Int’l’s payout ratio is currently 34.35%.
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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