Papa Johns International (PZZA) Expected to Announce Quarterly Earnings on Thursday

Papa Johns International (NASDAQ:PZZA) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $519.71 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Papa Johns International Price Performance

PZZA stock opened at $48.73 on Tuesday. The firm’s fifty day simple moving average is $40.99 and its 200-day simple moving average is $46.73. The company has a market capitalization of $1.59 billion, a P/E ratio of 16.98, a price-to-earnings-growth ratio of 2.41 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is currently 64.11%.

Wall Street Analysts Forecast Growth

PZZA has been the topic of several recent research reports. Stephens reaffirmed an “overweight” rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 14th. Loop Capital lowered their price target on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. KeyCorp downgraded shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Jefferies Financial Group lowered their price target on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Finally, UBS Group lowered their price target on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Papa Johns International presently has a consensus rating of “Hold” and a consensus price target of $55.67.

Papa Johns International Company Profile

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.