Papa John’s International, Inc. (NASDAQ:PZZA)‘s inventory had its “hold” ranking reiterated by equities researchers at Jefferies Group LLC in a badysis report issued to shoppers and buyers on Friday. They presently have a $65.00 worth goal on the inventory. Jefferies Group LLC’s worth goal suggests a possible upside of 5.74% from the inventory’s present worth. Jefferies Group additionally issued estimates for Papa John’s International’s This fall 2017 earnings at $zero.73 EPS, FY2017 earnings at $2.75 EPS, Q1 2018 earnings at $zero.79 EPS, Q2 2018 earnings at $zero.68 EPS, Q3 2018 earnings at $zero.66 EPS, This fall 2018 earnings at $zero.78 EPS and FY2018 earnings at $2.90 EPS.
Quite a lot of different badysts have additionally weighed in on the corporate. BTIG Research restated a “buy” ranking and issued a $90.00 goal worth (down from $100.00) on shares of Papa John’s International in a badysis notice on Tuesday, October 24th. Citigroup Inc. started protection on Papa John’s International in a badysis report on Monday, September 18th. They set a “buy” ranking and a $90.00 goal worth for the corporate. Stephens decreased their goal worth on Papa John’s International from $95.00 to $85.00 and set an “overweight” ranking for the corporate in a badysis report on Wednesday, October 11th. Zacks Investment Research upgraded Papa John’s International from a “strong sell” ranking to a “hold” ranking in a badysis report on Friday, July seventh. Finally, Instinet reiterated a “neutral” ranking and set a $78.00 worth goal (down beforehand from $84.00) on shares of Papa John’s International in a report on Monday, July 31st. One funding badyst has rated the inventory with a promote ranking, seven have given a maintain ranking and three have badigned a purchase ranking to the inventory. Papa John’s International has a consensus ranking of “Hold” and a consensus worth goal of $79.56.
Shares of Papa John’s International (NASDAQ PZZA) traded down $1.55 throughout buying and selling on Friday, hitting $61.47. 971,693 shares of the inventory traded palms, in comparison with its common quantity of 874,744. The agency has a market capitalization of $2,154.03, a P/E ratio of 22.68, a price-to-earnings-growth ratio of 1.73 and a beta of zero.47. The firm has a debt-to-equity ratio of -Eight.26, a fast ratio of 1.08 and a present ratio of 1.21. Papa John’s International has a twelve month low of $59.36 and a twelve month excessive of $90.49.
Papa John’s International (NASDAQ:PZZA) final issued its quarterly earnings knowledge on Tuesday, October 31st. The firm reported $zero.60 earnings per share (EPS) for the quarter, lacking the Zacks’ consensus estimate of $zero.61 by ($zero.01). The firm had income of $431.70 million for the quarter, in comparison with the consensus estimate of $427.23 million. Papa John’s International had a web margin of 6.12% and a return on fairness of four,321.08%. The agency’s income was up 2.2% in comparison with the identical quarter final yr. During the identical interval within the earlier yr, the enterprise posted $zero.57 earnings per share. badysts anticipate that Papa John’s International will submit 2.76 earnings per share for the present yr.
Papa John’s International introduced that its board has approved a share repurchase plan on Tuesday, August 1st that authorizes the corporate to buyback $500.00 million in shares. This buyback authorization authorizes the corporate to repurchase as much as 198% of its inventory by means of open market purchases. Stock buyback plans are sometimes a sign that the corporate’s board believes its inventory is undervalued.
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In different Papa John’s International information, SVP Timothy C. Ohern offered 9,218 shares of the corporate’s inventory in a transaction dated Thursday, August 31st. The shares have been offered at a mean worth of $75.08, for a complete transaction of $692,zero87.44. Following the completion of the sale, the senior vice chairman now immediately owns 35,650 shares of the corporate’s inventory, valued at $2,676,602. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which is on the market by means of this hyperlink. Corporate insiders personal 27.70% of the corporate’s inventory.
Hedge funds have just lately made modifications to their positions within the enterprise. Flinton Capital Management LLC grew its holdings in Papa John’s International by 76.9% through the second quarter. Flinton Capital Management LLC now owns 1,840 shares of the corporate’s inventory valued at $132,000 after buying an extra 800 shares over the last quarter. Victory Capital Management Inc. lifted its place in Papa John’s International by 17.6% within the second quarter. Victory Capital Management Inc. now owns 2,574 shares of the corporate’s inventory price $185,000 after buying an extra 386 shares through the interval. Trexquant Investment LP purchased a brand new place in shares of Papa John’s International through the second quarter valued at $201,000. Riverhead Capital Management LLC lifted its holdings in shares of Papa John’s International by 87.three% through the second quarter. Riverhead Capital Management LLC now owns 2,996 shares of the corporate’s inventory valued at $215,000 after buying an extra 1,396 shares through the interval. Finally, Nine Chapters Capital Management LLC purchased a brand new place in shares of Papa John’s International through the third quarter valued at $219,000. Institutional buyers personal 84.18% of the corporate’s inventory.
About Papa John’s International
Papa John’s International, Inc (Papa John’s) operates and franchises pizza supply and carryout eating places and, in sure worldwide markets, dine-in and supply eating places beneath the trademark Papa John’s. The Company operates by means of 5 segments: home Company-owned eating places, North America commissaries, North America franchising, worldwide operations and all different enterprise items.
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