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Equities researchers at Telsey Advisory Group decreased their price objective on shares of Papa John’s International (NASDAQ:PZZA) from $60.00 to $54.00 in a research report issued on Thursday, AnalystRatings.Net reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price objective would suggest a potential upside of 25.06% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Feltl & Co. upgraded shares of Papa John’s International from a “hold” rating to a “buy” rating in a research note on Wednesday. Separately, analysts at Longbow Research initiated coverage on shares of Papa John’s International in a research note on Friday, March 14th. They set a “buy” rating on the stock. Finally, analysts at Janney Montgomery Scott raised their price target on shares of Papa John’s International to $56.00 in a research note on Wednesday, February 26th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Papa John’s International presently has an average rating of “Buy” and a consensus price target of $62.25.

Shares of Papa John’s International (NASDAQ:PZZA) traded down 1.20% on Thursday, hitting $42.66. The stock had a trading volume of 246,895 shares. Papa John’s International has a 1-year low of $31.18 and a 1-year high of $55.00. The stock has a 50-day moving average of $48.68 and a 200-day moving average of $46.02. The company has a market cap of $1.782 billion and a P/E ratio of 27.38.

Papa John’s International (NASDAQ:PZZA) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. The company had revenue of $401.40 million for the quarter, compared to the consensus estimate of $384.90 million. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, analysts predict that Papa John’s International will post $1.74 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, May 23rd. Investors of record on Monday, May 12th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Thursday, May 8th.

Papa John’s International, Inc (NASDAQ:PZZA) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants under the trademark Papa John’s.

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