Wall Street analysts expect that Papa John's Int'l, Inc. (NASDAQ:PZZA) will announce $469.48 million in sales for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Papa John's Int'l’s earnings, with estimates ranging from $461.72 million to $477.02 million. Papa John's Int'l reported sales of $439.62 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.8%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, February 27th.

According to Zacks, analysts expect that Papa John's Int'l will report full year sales of $469.48 million for the current financial year, with estimates ranging from $1.78 billion to $1.79 billion. For the next year, analysts anticipate that the company will report sales of $1.81 billion per share, with estimates ranging from $1.80 billion to $1.82 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Papa John's Int'l.

A number of research analysts have commented on PZZA shares. BTIG Research reissued a “buy” rating and set a $90.00 target price (down previously from $100.00) on shares of Papa John's Int'l in a research report on Tuesday, October 24th. TheStreet downgraded shares of Papa John's Int'l from a “b” rating to a “c+” rating in a research report on Tuesday, October 31st. Zacks Investment Research raised shares of Papa John's Int'l from a “strong sell” rating to a “hold” rating in a research report on Friday, January 5th. Nomura reissued a “hold” rating and set a $58.00 target price on shares of Papa John's Int'l in a research report on Friday, December 22nd. Finally, Deutsche Bank started coverage on shares of Papa John's Int'l in a research report on Monday, December 18th. They set a “hold” rating and a $63.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Papa John's Int'l currently has an average rating of “Hold” and a consensus target price of $76.60.

Several large investors have recently added to or reduced their stakes in PZZA. Flinton Capital Management LLC boosted its holdings in shares of Papa John's Int'l by 76.9% in the 2nd quarter. Flinton Capital Management LLC now owns 1,840 shares of the company’s stock valued at $132,000 after buying an additional 800 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Papa John's Int'l in the 3rd quarter valued at about $152,000. Nine Chapters Capital Management LLC bought a new stake in shares of Papa John's Int'l in the 3rd quarter valued at about $219,000. Amalgamated Bank boosted its holdings in shares of Papa John's Int'l by 4.9% in the 2nd quarter. Amalgamated Bank now owns 3,908 shares of the company’s stock valued at $280,000 after buying an additional 183 shares in the last quarter. Finally, Koch Industries Inc. boosted its holdings in shares of Papa John's Int'l by 6,732.0% in the 2nd quarter. Koch Industries Inc. now owns 297,807 shares of the company’s stock valued at $294,000 after buying an additional 293,448 shares in the last quarter. Institutional investors and hedge funds own 83.99% of the company’s stock.

Papa John's Int'l (PZZA) opened at $57.60 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of -8.26. The company has a market cap of $2,023.33, a PE ratio of 21.31, a price-to-earnings-growth ratio of 1.58 and a beta of 0.53. Papa John's Int'l has a 12-month low of $55.05 and a 12-month high of $86.99.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Monday, February 12th will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Friday, February 9th. Papa John's Int'l’s dividend payout ratio is currently 31.03%.

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About Papa John's Int'l

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

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