Papa John’s International (NASDAQ:PZZA – Get Rating) released its quarterly earnings results on Thursday. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.01, MarketWatch Earnings reports. Papa John’s International had a net margin of 5.80% and a negative return on equity of 73.09%. The firm had revenue of $542.69 million during the quarter, compared to analyst estimates of $540.38 million. During the same quarter last year, the business earned $0.90 EPS. The company’s revenue was up 6.0% compared to the same quarter last year.
PZZA traded down $2.68 during mid-day trading on Friday, reaching $87.36. 866,295 shares of the stock were exchanged, compared to its average volume of 483,952. The stock has a market capitalization of $3.14 billion, a PE ratio of -158.84, a price-to-earnings-growth ratio of 1.71 and a beta of 1.05. The company has a 50 day moving average price of $100.42 and a two-hundred day moving average price of $115.96. Papa John’s International has a 1 year low of $86.37 and a 1 year high of $140.68.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 27th. Shareholders of record on Monday, May 16th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Friday, May 13th. Papa John’s International’s dividend payout ratio is -254.55%.
Several research analysts have issued reports on PZZA shares. BMO Capital Markets lowered their price target on shares of Papa John’s International from $145.00 to $130.00 in a report on Friday. Northcoast Research upgraded shares of Papa John’s International from a “neutral” rating to a “buy” rating and set a $147.00 price objective for the company in a research note on Wednesday, February 2nd. Stifel Nicolaus lowered their price objective on shares of Papa John’s International from $165.00 to $155.00 in a research note on Thursday, February 24th. StockNews.com lowered shares of Papa John’s International from a “buy” rating to a “hold” rating in a research note on Saturday, April 2nd. Finally, Wedbush lowered their price objective on shares of Papa John’s International from $120.00 to $112.00 in a research note on Friday. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $134.60.
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.
- Get a free copy of the StockNews.com research report on Papa John’s International (PZZA)
- Three Stocks To Ride Out A Rough Market
- MarketBeat: Week in Review 5/2 – 5/6
- AMD (NASDAQ: AMD) Shines Green In A Sea Of Red
- Expedia or Bookings Holdings: Which Stock Should You Travel With?
- Is This The Bottom For Papa John’s International?
Receive News & Ratings for Papa John's International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Papa John's International and related companies with MarketBeat.com's FREE daily email newsletter.