Papa John’s International (PZZA) Scheduled to Post Quarterly Earnings on Thursday

Papa John’s International (NASDAQ:PZZA) will release its earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Papa John’s International (NASDAQ:PZZA) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.18. Papa John’s International had a negative return on equity of 19.46% and a net margin of 3.84%. The firm had revenue of $571.32 million for the quarter, compared to analysts’ expectations of $578.15 million. During the same quarter last year, the business posted $0.71 EPS. Papa John’s International’s revenue was up 8.6% on a year-over-year basis. On average, analysts expect Papa John’s International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa John’s International Price Performance

Shares of PZZA opened at $60.95 on Thursday. The company has a 50-day moving average of $66.86 and a two-hundred day moving average of $69.39. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 1.69 and a beta of 1.14. Papa John’s International has a one year low of $60.24 and a one year high of $86.38.

Insider Activity at Papa John’s International

In other Papa John’s International news, Director Laurette T. Koellner sold 2,886 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $70.21, for a total value of $202,626.06. Following the sale, the director now directly owns 18,804 shares in the company, valued at $1,320,228.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PZZA has been the subject of several research reports. Stephens began coverage on Papa John’s International in a report on Friday, April 12th. They set an “overweight” rating and a $75.00 price target for the company. BMO Capital Markets reduced their target price on shares of Papa John’s International from $90.00 to $80.00 and set an “outperform” rating for the company in a research note on Friday, March 22nd. StockNews.com downgraded shares of Papa John’s International from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Oppenheimer restated a “market perform” rating on shares of Papa John’s International in a report on Friday, January 5th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $87.00 price objective on shares of Papa John’s International in a research note on Friday, March 1st. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Papa John’s International presently has an average rating of “Moderate Buy” and an average price target of $81.60.

About Papa John’s International

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. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.