Analysts expect that Papa John's Int'l, Inc. (NASDAQ:PZZA) will post $0.62 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have provided estimates for Papa John's Int'l’s earnings. The lowest EPS estimate is $0.61 and the highest is $0.63. Papa John's Int'l posted earnings of $0.61 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 1.6%. The business is expected to report its next earnings report on Tuesday, August 1st.
On average, analysts expect that Papa John's Int'l will report full-year earnings of $2.81 per share for the current financial year, with EPS estimates ranging from $2.78 to $2.85. For the next financial year, analysts forecast that the business will post earnings of $3.15 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Papa John's Int'l.
Papa John's Int'l (NASDAQ:PZZA) last released its quarterly earnings results on Tuesday, May 2nd. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Papa John's Int'l had a net margin of 5.62% and a return on equity of 4,984.46%. The firm had revenue of $449.27 million during the quarter, compared to analyst estimates of $435.47 million. During the same quarter in the prior year, the firm earned $0.69 EPS.
A number of equities research analysts recently commented on the company. Instinet lifted their target price on Papa John's Int'l from $76.00 to $84.00 and gave the stock a “neutral” rating in a report on Wednesday, May 3rd. Zacks Investment Research downgraded Papa John's Int'l from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Jefferies Group LLC set a $83.00 target price on Papa John's Int'l and gave the stock a “hold” rating in a report on Wednesday, April 19th. Longbow Research reaffirmed a “buy” rating and set a $95.00 target price on shares of Papa John's Int'l in a report on Monday, April 10th. Finally, Stephens reaffirmed an “overweight” rating and set a $100.00 target price on shares of Papa John's Int'l in a report on Thursday, February 23rd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Papa John's Int'l has an average rating of “Buy” and a consensus price target of $87.00.
Papa John's Int'l (NASDAQ:PZZA) traded up 0.66% during midday trading on Thursday, hitting $80.62. 179,799 shares of the stock traded hands. The stock has a market cap of $2.96 billion, a PE ratio of 28.59 and a beta of 0.25. The company has a 50-day moving average of $78.73 and a 200-day moving average of $82.05. Papa John's Int'l has a 12 month low of $58.63 and a 12 month high of $90.49.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 19th. Shareholders of record on Monday, May 8th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, May 4th. Papa John's Int'l’s payout ratio is presently 32.13%.
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In other Papa John's Int'l news, SVP Timothy C. Ohern sold 8,080 shares of the business’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $78.96, for a total value of $637,996.80. Following the completion of the transaction, the senior vice president now directly owns 31,003 shares of the company’s stock, valued at $2,447,996.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 28.80% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in PZZA. Meadow Creek Investment Management LLC increased its position in shares of Papa John's Int'l by 20.4% in the first quarter. Meadow Creek Investment Management LLC now owns 1,430 shares of the company’s stock worth $114,000 after buying an additional 242 shares during the last quarter. Glen Harbor Capital Management LLC increased its position in shares of Papa John's Int'l by 20.4% in the first quarter. Glen Harbor Capital Management LLC now owns 1,820 shares of the company’s stock worth $146,000 after buying an additional 308 shares during the last quarter. Elkfork Partners LLC bought a new position in shares of Papa John's Int'l during the fourth quarter worth about $157,000. LS Investment Advisors LLC increased its position in shares of Papa John's Int'l by 48.3% in the first quarter. LS Investment Advisors LLC now owns 2,732 shares of the company’s stock worth $219,000 after buying an additional 890 shares during the last quarter. Finally, Tufton Capital Management bought a new position in shares of Papa John's Int'l during the first quarter worth about $228,000. 74.25% of the stock is owned by institutional investors.
Papa John's Int'l Company Profile
Papa John’s International, Inc (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units.
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