Papa John’s Int’l (PZZA) Stock Rating Upgraded by BidaskClub

Papa John’s Int’l (NASDAQ:PZZA) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday.

PZZA has been the subject of a number of other reports. Citigroup upped their price objective on shares of Papa John’s Int’l from $51.00 to $64.00 and gave the stock a “buy” rating in a research report on Monday, November 12th. ValuEngine raised shares of Papa John’s Int’l from a “sell” rating to a “hold” rating in a research report on Friday, September 28th. Zacks Investment Research raised shares of Papa John’s Int’l from a “sell” rating to a “hold” rating in a research report on Thursday, November 22nd. Stifel Nicolaus upped their price objective on shares of Papa John’s Int’l from $38.00 to $48.00 and gave the stock a “hold” rating in a research report on Thursday, October 11th. Finally, Longbow Research upped their price objective on shares of Papa John’s Int’l from $52.00 to $61.00 and gave the stock a “buy” rating in a research report on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $59.17.

NASDAQ:PZZA opened at $42.48 on Wednesday. The stock has a market cap of $1.34 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 2.22 and a beta of 0.43. Papa John’s Int’l has a one year low of $38.05 and a one year high of $69.45.

Papa John’s Int’l (NASDAQ:PZZA) last posted its earnings results on Tuesday, November 6th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). Papa John’s Int’l had a negative return on equity of 27.98% and a net margin of 2.64%. The business had revenue of $364.01 million for the quarter, compared to the consensus estimate of $390.62 million. During the same period in the previous year, the firm earned $0.60 earnings per share. The company’s revenue was down 15.7% on a year-over-year basis. On average, research analysts anticipate that Papa John’s Int’l will post 1.48 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new position in shares of Papa John’s Int’l during the 3rd quarter valued at approximately $223,000. Rhumbline Advisers lifted its stake in shares of Papa John’s Int’l by 10.5% during the 3rd quarter. Rhumbline Advisers now owns 54,204 shares of the company’s stock valued at $2,780,000 after buying an additional 5,171 shares in the last quarter. Lombard Odier Asset Management USA Corp purchased a new stake in shares of Papa John’s Int’l during the 3rd quarter valued at approximately $1,282,000. SG Americas Securities LLC lifted its stake in shares of Papa John’s Int’l by 212.5% during the 3rd quarter. SG Americas Securities LLC now owns 23,749 shares of the company’s stock valued at $1,218,000 after buying an additional 16,150 shares in the last quarter. Finally, FIL Ltd purchased a new stake in shares of Papa John’s Int’l during the 3rd quarter valued at approximately $24,598,000. 80.46% of the stock is owned by hedge funds and other institutional investors.

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 five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

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

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