Papa John's Int'l, Inc. (PZZA) Receives Average Rating of “Hold” from Analysts

Shares of Papa John's Int'l, Inc. (NASDAQ:PZZA) have been given an average rating of “Hold” by the thirteen analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $74.25.

Several equities research analysts recently commented on PZZA shares. Nomura cut their price target on shares of Papa John's Int'l from $78.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, October 27th. Jefferies Group reiterated a “hold” rating and set a $65.00 price target on shares of Papa John's Int'l in a research note on Friday, November 3rd. Deutsche Bank started coverage on shares of Papa John's Int'l in a research note on Monday, December 18th. They set a “hold” rating and a $63.00 price target on the stock. Stifel Nicolaus reiterated a “hold” rating and set a $60.00 price target on shares of Papa John's Int'l in a research note on Friday, November 3rd. Finally, Zacks Investment Research upgraded shares of Papa John's Int'l from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st.

Shares of Papa John's Int'l (PZZA) opened at $58.03 on Tuesday. Papa John's Int'l has a one year low of $55.05 and a one year high of $86.99. The company has a debt-to-equity ratio of -8.26, a quick ratio of 1.01 and a current ratio of 1.21. The company has a market cap of $2,001.25, a price-to-earnings ratio of 20.01, a P/E/G ratio of 1.52 and a beta of 0.53.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be paid a $0.225 dividend. The ex-dividend date is Friday, February 9th. This represents a $0.90 dividend on an annualized basis and a yield of 1.55%. Papa John's Int'l’s dividend payout ratio is presently 31.03%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its stake in Papa John's Int'l by 0.3% in the fourth quarter. BlackRock Inc. now owns 3,144,563 shares of the company’s stock valued at $176,442,000 after purchasing an additional 10,782 shares during the period. JPMorgan Chase & Co. increased its stake in Papa John's Int'l by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 1,458,205 shares of the company’s stock valued at $107,411,000 after purchasing an additional 46,948 shares during the period. Neuberger Berman Group LLC increased its stake in Papa John's Int'l by 10.8% in the third quarter. Neuberger Berman Group LLC now owns 1,213,803 shares of the company’s stock valued at $88,693,000 after purchasing an additional 118,212 shares during the period. Dimensional Fund Advisors LP increased its stake in Papa John's Int'l by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 928,539 shares of the company’s stock valued at $67,849,000 after purchasing an additional 2,621 shares during the period. Finally, State Street Corp boosted its holdings in shares of Papa John's Int'l by 4.0% in the second quarter. State Street Corp now owns 878,119 shares of the company’s stock valued at $63,013,000 after acquiring an additional 33,578 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

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About Papa John's Int'l

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.

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

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