Papa Johns International (PZZA) Projected to Post Quarterly Earnings on Thursday

Papa Johns International (NASDAQ:PZZA) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Papa Johns International to post earnings of $0.52 per share and revenue of $519.71 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Papa Johns International Stock Down 4.0 %

Shares of PZZA stock opened at $49.05 on Thursday. The stock has a 50-day moving average price of $40.77 and a 200 day moving average price of $46.58. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 2.44 and a beta of 1.19. Papa Johns International has a 12 month low of $35.28 and a 12 month high of $76.91.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is currently 64.11%.

Wall Street Analyst Weigh In

PZZA has been the topic of a number of recent analyst reports. UBS Group reduced their target price on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Wedbush restated an “outperform” rating and set a $60.00 target price on shares of Papa Johns International in a report on Wednesday, January 15th. Jefferies Financial Group reduced their target price on Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Stephens restated an “overweight” rating and set a $60.00 target price on shares of Papa Johns International in a report on Friday, February 14th. Finally, KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $55.67.

About Papa Johns International

Papa John’s International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.