Papa John’s International (PZZA) Set to Announce Quarterly Earnings on Thursday

Papa John’s International (NASDAQ:PZZA) will release its earnings data before the market opens on Thursday, May 9th. Analysts expect Papa John’s International to post earnings of $0.60 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Papa John’s International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.18. The firm had revenue of $571.32 million during the quarter, compared to the consensus estimate of $578.15 million. Papa John’s International had a net margin of 3.84% and a negative return on equity of 19.46%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.71 earnings per share. On average, analysts expect Papa John’s International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa John’s International Stock Performance

Shares of NASDAQ:PZZA opened at $58.31 on Tuesday. The company’s fifty day moving average is $66.10 and its two-hundred day moving average is $69.25. Papa John’s International has a 1-year low of $58.24 and a 1-year high of $86.38. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 23.70, a price-to-earnings-growth ratio of 1.58 and a beta of 1.16.

Papa John’s International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Friday, May 17th. Papa John’s International’s dividend payout ratio is presently 74.80%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PZZA shares. Stephens assumed coverage on Papa John’s International in a research note on Friday, April 12th. They issued an “overweight” rating and a $75.00 target price for the company. StockNews.com lowered Papa John’s International from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Benchmark dropped their target price on Papa John’s International from $95.00 to $87.00 and set a “buy” rating on the stock in a research report on Friday, March 22nd. KeyCorp reduced their price target on shares of Papa John’s International from $84.00 to $78.00 and set an “overweight” rating for the company in a report on Tuesday, April 9th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $87.00 price objective on shares of Papa John’s International in a report on Friday, March 1st. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.60.

Insider Buying and Selling at Papa John’s International

In related news, Director Laurette T. Koellner sold 2,886 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $70.21, for a total transaction of $202,626.06. Following the sale, the director now owns 18,804 shares of the company’s stock, valued at $1,320,228.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

Papa John’s International 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. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.