Stephens reaffirmed their buy rating on shares of Papa John’s Int’l (NASDAQ:PZZA) in a report released on Tuesday morning. The brokerage currently has a $60.00 price target on the stock.

A number of other equities analysts have also recently issued reports on PZZA. BidaskClub cut shares of Papa John’s Int’l from a sell rating to a strong sell rating in a research report on Thursday, July 26th. Stifel Nicolaus cut shares of Papa John’s Int’l from a hold rating to a sell rating and cut their price objective for the stock from $50.00 to $38.00 in a research report on Monday, July 23rd. Citigroup cut their price objective on shares of Papa John’s Int’l from $71.00 to $62.00 and set a buy rating on the stock in a research report on Tuesday, June 19th. Zacks Investment Research cut shares of Papa John’s Int’l from a buy rating to a hold rating in a research report on Friday, May 4th. Finally, Jefferies Financial Group raised shares of Papa John’s Int’l from a hold rating to a buy rating and set a $58.00 price objective on the stock in a research report on Wednesday, August 1st. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Papa John’s Int’l currently has a consensus rating of Hold and a consensus target price of $60.44.

Shares of Papa John’s Int’l traded down $2.08, reaching $38.99, on Tuesday, Marketbeat Ratings reports. 224,927 shares of the company were exchanged, compared to its average volume of 2,638,818. The stock has a market capitalization of $1.36 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 1.49 and a beta of 0.40. The company has a debt-to-equity ratio of -2.28, a current ratio of 1.15 and a quick ratio of 0.96. Papa John’s Int’l has a one year low of $40.65 and a one year high of $80.80.

Papa John’s Int’l (NASDAQ:PZZA) last released its quarterly earnings data on Tuesday, August 7th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.05). The company had revenue of $407.96 million for the quarter, compared to the consensus estimate of $418.30 million. Papa John’s Int’l had a negative return on equity of 90.29% and a net margin of 5.17%. analysts anticipate that Papa John’s Int’l will post 2.1 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 24th. Investors of record on Monday, August 13th will be issued a $0.225 dividend. The ex-dividend date is Friday, August 10th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.31%. Papa John’s Int’l’s dividend payout ratio is presently 34.35%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Canada Pension Plan Investment Board purchased a new stake in Papa John’s Int’l in the 2nd quarter valued at about $3,408,000. Quantitative Systematic Strategies LLC purchased a new stake in Papa John’s Int’l in the 2nd quarter valued at about $720,000. State Board of Administration of Florida Retirement System increased its stake in Papa John’s Int’l by 24.9% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 14,316 shares of the company’s stock valued at $726,000 after buying an additional 2,850 shares during the last quarter. Huber Financial Advisors LLC purchased a new stake in Papa John’s Int’l in the 2nd quarter valued at about $440,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Papa John’s Int’l in the 2nd quarter valued at about $322,000. Institutional investors own 90.66% of the company’s stock.

About Papa John’s Int’l

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 five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

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Analyst Recommendations for Papa John`s Int`l (NASDAQ:PZZA)

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