Papa John’s Int’l (NASDAQ:PZZA) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of $0.22 per share for the quarter.
Papa John’s Int’l (NASDAQ:PZZA) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.10. The company had revenue of $398.41 million during the quarter, compared to the consensus estimate of $384.67 million. Papa John’s Int’l had a negative net margin of 1.09% and a negative return on equity of 13.51%. The company’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 earnings per share. On average, analysts expect Papa John’s Int’l to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NASDAQ:PZZA traded down $0.43 during trading on Thursday, hitting $43.99. 7,642 shares of the company were exchanged, compared to its average volume of 657,738. The stock has a 50 day simple moving average of $46.07. The firm has a market cap of $1.41 billion, a P/E ratio of 33.11, a P/E/G ratio of 3.22 and a beta of 0.44. Papa John’s Int’l has a 1-year low of $38.05 and a 1-year high of $60.56.
Several research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Papa John’s Int’l from a “hold” rating to a “buy” rating in a report on Saturday, July 6th. Stephens upped their price target on shares of Papa John’s Int’l from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, May 8th. BidaskClub upgraded Papa John’s Int’l from a “sell” rating to a “hold” rating in a report on Thursday, May 30th. Citigroup increased their price objective on Papa John’s Int’l from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. Finally, Credit Suisse Group assumed coverage on Papa John’s Int’l in a report on Tuesday, June 25th. They issued a “neutral” rating and a $45.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $54.83.
In related news, Director Anthony Michael Sanfilippo acquired 1,000 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were bought at an average price of $47.79 per share, with a total value of $47,790.00. Following the transaction, the director now directly owns 3,654 shares of the company’s stock, valued at $174,624.66. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder John H. Schnatter sold 200,083 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $50.71, for a total transaction of $10,146,208.93. Following the transaction, the insider now directly owns 9,196,724 shares in the company, valued at approximately $466,365,874.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,765,557 shares of company stock valued at $173,644,058. Company insiders own 43.00% of the company’s stock.
Papa John’s Int’l 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. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.
See Also: What is the Consumer Price Index (CPI)?
Receive News & Ratings for Papa John's Int'l Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Papa John's Int'l and related companies with MarketBeat.com's FREE daily email newsletter.