Papa John’s Stock Rating Reaffirmed by KeyBanc (PZZA)
Papa John’s opened at 55.52 on Tuesday. Papa John’s has a 52-week low of $36.56 and a 52-week high of $57.32. The stock’s 50-day moving average is currently $55.56. The company has a market cap of $1.238 billion and a price-to-earnings ratio of 21.52.
Papa John’s last posted its quarterly earnings results on Tuesday, February 26th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.02. The company had revenue of $367.30 million for the quarter, compared to the consensus estimate of $353.29 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. Papa John’s has set its FY13 guidance at $2.85-2.95 EPS. Analysts expect that Papa John’s will post $2.96 EPS for the current fiscal year.
Separately, analysts at Telsey Advisory Group raised their price target on shares of Papa John’s from $60.00 to $68.00 in a research note to investors on Friday, February 15th.
One equities research analyst has rated the stock with a buy rating, and three have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “hold” and an average target price of $59.20.
Papa John’s International, Inc. (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants under the name Papa John’s.
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