Shares of Papa John’s International Inc. (NASDAQ:PZZA) have earned a consensus rating of “Buy” from the seven analysts that are currently covering the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $76.75.

A number of research firms have recently issued reports on PZZA. BTIG Research reissued a “buy” rating and issued a $87.00 target price on shares of Papa John’s International in a report on Wednesday, October 12th. Zacks Investment Research lowered Papa John’s International from a “buy” rating to a “hold” rating in a report on Tuesday, October 4th. TheStreet raised Papa John’s International from a “hold” rating to a “buy” rating in a report on Wednesday, August 31st. Jefferies Group reissued a “hold” rating on shares of Papa John’s International in a report on Thursday, August 4th. Finally, KeyCorp raised Papa John’s International from a “sector weight” rating to an “overweight” rating and set a $80.00 target price on the stock in a report on Wednesday, July 20th.

Papa John’s International (NASDAQ:PZZA) opened at 86.14 on Friday. Papa John’s International has a one year low of $42.87 and a one year high of $86.43. The firm has a 50-day moving average price of $78.77 and a 200-day moving average price of $71.97. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 34.69 and a beta of 0.16.

Papa John’s International (NASDAQ:PZZA) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.07. Papa John’s International had a return on equity of 4,984.46% and a net margin of 5.62%. The company earned $422.40 million during the quarter, compared to analysts’ expectations of $418.10 million. During the same quarter in the previous year, the business earned $0.45 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities analysts predict that Papa John’s International will post $2.51 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 18th. Shareholders of record on Monday, November 7th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, November 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.93%. Papa John’s International’s payout ratio is 32.13%.

In other Papa John’s International news, CEO John H. Schnatter sold 73,686 shares of the business’s stock in a transaction on Monday, October 24th. The stock was sold at an average price of $80.37, for a total transaction of $5,922,143.82. Following the sale, the chief executive officer now directly owns 9,889,032 shares in the company, valued at $794,781,501.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John H. Schnatter sold 86,314 shares of the business’s stock in a transaction on Thursday, October 20th. The stock was sold at an average price of $80.39, for a total value of $6,938,782.46. Following the sale, the chief executive officer now owns 9,541,293 shares in the company, valued at $767,024,544.27. The disclosure for this sale can be found here. Company insiders own 28.80% of the company’s stock.

A number of hedge funds have recently bought and sold shares of PZZA. BlackRock Institutional Trust Company N.A. increased its stake in Papa John’s International by 10.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 791,582 shares of the company’s stock worth $42,896,000 after buying an additional 74,962 shares during the last quarter. Independent Portfolio Consultants Inc. increased its stake in Papa John’s International by 46.8% in the second quarter. Independent Portfolio Consultants Inc. now owns 3,840 shares of the company’s stock worth $261,000 after buying an additional 1,225 shares during the last quarter. BlackRock Group LTD increased its stake in Papa John’s International by 32.8% in the first quarter. BlackRock Group LTD now owns 56,344 shares of the company’s stock worth $3,054,000 after buying an additional 13,928 shares during the last quarter. Wellington Management Group LLP increased its stake in Papa John’s International by 370.5% in the first quarter. Wellington Management Group LLP now owns 1,270,817 shares of the company’s stock worth $68,866,000 after buying an additional 1,000,709 shares during the last quarter. Finally, Emerald Acquisition Ltd. purchased a new stake in Papa John’s International during the second quarter worth approximately $2,436,000. Institutional investors own 75.66% of the company’s stock.

About Papa John’s International

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants. The Company operates restaurants under the trademark Papa John’s. It operates in five segments: domestic Company-owned restaurants, domestic commissaries, North America franchising, international operations, and all other business units.

5 Day Chart for NASDAQ:PZZA

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