Papa John’s International, Inc. (NASDAQ:PZZA) Expected to Announce Earnings of $0.96 Per Share

Analysts expect that Papa John’s International, Inc. (NASDAQ:PZZAGet Rating) will report earnings of $0.96 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Papa John’s International’s earnings. The lowest EPS estimate is $0.90 and the highest is $1.03. Papa John’s International posted earnings of $0.90 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.7%. The company is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Papa John’s International will report full-year earnings of $3.65 per share for the current year, with EPS estimates ranging from $3.46 to $3.76. For the next fiscal year, analysts anticipate that the business will post earnings of $4.18 per share, with EPS estimates ranging from $3.98 to $4.29. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that cover Papa John’s International.

Papa John’s International (NASDAQ:PZZAGet Rating) last announced its earnings results on Thursday, February 24th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.03. The firm had revenue of $528.89 million for the quarter, compared to analyst estimates of $524.71 million. Papa John’s International had a net margin of 5.80% and a negative return on equity of 73.09%. The business’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 EPS.

A number of equities research analysts have commented on PZZA shares. MKM Partners reduced their price target on shares of Papa John’s International from $135.00 to $120.00 in a report on Friday, February 25th. Credit Suisse Group cut their price target on shares of Papa John’s International from $154.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, April 4th. Zacks Investment Research cut shares of Papa John’s International from a “buy” rating to a “hold” rating and set a $140.00 price objective for the company. in a research note on Tuesday, January 4th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Papa John’s International from $136.00 to $122.00 and set a “hold” rating for the company in a report on Friday, February 25th. Finally, Wedbush decreased their price target on shares of Papa John’s International from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Friday, February 11th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Papa John’s International has an average rating of “Buy” and an average price target of $139.33.

Shares of NASDAQ:PZZA opened at $101.11 on Friday. The firm has a 50 day simple moving average of $105.50 and a 200 day simple moving average of $118.96. The company has a market cap of $3.64 billion, a price-to-earnings ratio of -5,055.50, a PEG ratio of 1.84 and a beta of 1.02. Papa John’s International has a one year low of $91.53 and a one year high of $140.68.

The business also recently declared a quarterly dividend, which was paid on Friday, February 18th. Investors of record on Monday, February 7th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Friday, February 4th. Papa John’s International’s dividend payout ratio (DPR) is presently -7,000.00%.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Point72 Hong Kong Ltd boosted its position in shares of Papa John’s International by 6.3% in the 4th quarter. Point72 Hong Kong Ltd now owns 1,863 shares of the company’s stock worth $249,000 after buying an additional 110 shares in the last quarter. United Capital Management of KS Inc. boosted its stake in shares of Papa John’s International by 1.5% during the 4th quarter. United Capital Management of KS Inc. now owns 8,771 shares of the company’s stock valued at $1,171,000 after buying an additional 128 shares during the last quarter. Zacks Investment Management boosted its stake in shares of Papa John’s International by 2.3% during the 4th quarter. Zacks Investment Management now owns 7,499 shares of the company’s stock valued at $1,001,000 after buying an additional 166 shares during the last quarter. Xponance Inc. lifted its stake in Papa John’s International by 3.2% during the third quarter. Xponance Inc. now owns 5,383 shares of the company’s stock worth $683,000 after purchasing an additional 168 shares during the last quarter. Finally, Guggenheim Capital LLC increased its position in Papa John’s International by 6.1% in the fourth quarter. Guggenheim Capital LLC now owns 3,265 shares of the company’s stock worth $436,000 after buying an additional 187 shares during the period. Institutional investors and hedge funds own 99.67% of the company’s stock.

Papa John’s International Company Profile (Get Rating)

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

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Earnings History and Estimates for Papa John's International (NASDAQ:PZZA)

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