Papa John’s International Inc. (NASDAQ:PZZA) traded up 3.3% during trading on Wednesday . The stock traded as high as $72.15 and last traded at $71.43, with a volume of 194,633 shares trading hands. The stock had previously closed at $69.12.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Papa John’s International from a “sell” rating to a “hold” rating in a report on Thursday, April 21st. Nomura downgraded Papa John’s International from a “buy” rating to a “neutral” rating in a report on Wednesday, June 22nd. Nomura Holdings Inc. downgraded Papa John’s International from a “buy” rating to a “neutral” rating and upped their target price for the company from $66.47 to $70.00 in a report on Wednesday, June 22nd. KeyCorp raised Papa John’s International from a “sector weight” rating to an “overweight” rating and set a $80.00 target price for the company in a report on Wednesday. Finally, TheStreet downgraded Papa John’s International to a “hold” rating in a report on Friday, May 6th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $70.50.

The company’s 50 day moving average is $67.01 and its 200 day moving average is $58.12. The company has a market capitalization of $2.73 billion and a price-to-earnings ratio of 36.27.

Papa John’s International (NASDAQ:PZZA) last issued its earnings results on Tuesday, May 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.06. The company earned $428.60 million during the quarter, compared to analyst estimates of $440.89 million. During the same period in the previous year, the company posted $0.55 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts anticipate that Papa John’s International Inc. will post $2.40 EPS for the current year.

A number of large investors have added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its stake in Papa John’s International by 0.5% in the fourth quarter. California Public Employees Retirement System now owns 129,600 shares of the company’s stock worth $7,241,000 after buying an additional 700 shares in the last quarter. California State Teachers Retirement System boosted its stake in Papa John’s International by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 53,673 shares of the company’s stock worth $2,999,000 after buying an additional 800 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Papa John’s International by 1.7% in the fourth quarter. New York State Common Retirement Fund now owns 59,122 shares of the company’s stock worth $3,303,000 after buying an additional 1,000 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Papa John’s International by 7.4% in the fourth quarter. Advisors Asset Management Inc. now owns 19,277 shares of the company’s stock worth $1,077,000 after buying an additional 1,335 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Papa John’s International by 5.6% in the fourth quarter. Rhumbline Advisers now owns 45,260 shares of the company’s stock worth $2,529,000 after buying an additional 2,410 shares in the last quarter.

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants. The Company operates restaurants under the trademark Papa John’s. It operates in five segments: domestic Company-owned restaurants, domestic commissaries, North America franchising, international operations, and all other business units.

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