Papa John’s International (PZZA) Scheduled to Post Quarterly Earnings on Thursday

Papa John’s International (NASDAQ:PZZA – Get Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 5th. Analysts expect the company to announce earnings of $0.96 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Papa John’s International (NASDAQ:PZZA – Get Rating) last released its quarterly earnings results on Thursday, February 24th. The company reported $0.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.03. Papa John’s International had a negative return on equity of 73.09% and a net margin of 5.80%. The firm had revenue of $528.89 million during the quarter, compared to analysts’ expectations of $524.71 million. During the same period last year, the firm posted $0.40 EPS. The business’s revenue was up 12.6% on a year-over-year basis. On average, analysts expect Papa John’s International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

PZZA stock opened at $95.16 on Thursday. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of -4,758.00, a P/E/G ratio of 1.91 and a beta of 1.02. The business has a fifty day moving average price of $103.04 and a 200 day moving average price of $117.63. Papa John’s International has a fifty-two week low of $91.53 and a fifty-two week high of $140.68.

Several research analysts have recently issued reports on PZZA shares. KeyCorp reduced their price target on Papa John’s International from $155.00 to $140.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 22nd. Stifel Nicolaus dropped their price target on Papa John’s International from $165.00 to $155.00 in a research note on Thursday, February 24th. MKM Partners dropped their target price on Papa John’s International from $135.00 to $120.00 in a report on Friday, February 25th. Northcoast Research upgraded Papa John’s International from a “neutral” rating to a “buy” rating and set a $147.00 target price on the stock in a report on Wednesday, February 2nd. Finally, StockNews.com lowered Papa John’s International from a “buy” rating to a “hold” rating in a research note on Saturday, April 2nd. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $139.33.

Large investors have recently made changes to their positions in the stock. Marshall Wace LLP bought a new position in Papa John’s International during the 4th quarter worth $242,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Papa John’s International in the 4th quarter valued at about $311,000. Guggenheim Capital LLC grew its stake in shares of Papa John’s International by 6.1% in the 4th quarter. Guggenheim Capital LLC now owns 3,265 shares of the company’s stock valued at $436,000 after buying an additional 187 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Papa John’s International in the 4th quarter valued at about $560,000. Finally, State of Tennessee Treasury Department grew its stake in shares of Papa John’s International by 40.0% in the 4th quarter. State of Tennessee Treasury Department now owns 4,201 shares of the company’s stock valued at $560,000 after buying an additional 1,201 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

About Papa John’s International (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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