Papa John’s International (PZZA) to Release Quarterly Earnings on Thursday

Papa John’s International (NASDAQ:PZZA) is scheduled to release its earnings data before the market opens on Thursday, May 9th. Analysts expect Papa John’s International to post earnings of $0.60 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Papa John’s International (NASDAQ:PZZA) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.18. Papa John’s International had a negative return on equity of 19.46% and a net margin of 3.84%. The company had revenue of $571.32 million for the quarter, compared to the consensus estimate of $578.15 million. During the same period last year, the business posted $0.71 earnings per share. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, analysts expect Papa John’s International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa John’s International Stock Down 0.7 %

Shares of NASDAQ:PZZA opened at $57.93 on Wednesday. The company has a market cap of $1.91 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 1.58 and a beta of 1.16. The business has a 50 day moving average price of $65.81 and a 200 day moving average price of $69.20. Papa John’s International has a twelve month low of $57.69 and a twelve month high of $86.38.

Papa John’s International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Monday, May 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Friday, May 17th. This represents a $1.84 annualized dividend and a dividend yield of 3.18%. Papa John’s International’s payout ratio is 74.80%.

Analyst Upgrades and Downgrades

A number of analysts have commented on PZZA shares. StockNews.com downgraded Papa John’s International from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Benchmark dropped their price objective on shares of Papa John’s International from $95.00 to $87.00 and set a “buy” rating for the company in a research note on Friday, March 22nd. Stifel Nicolaus upgraded shares of Papa John’s International from a “sell” rating to a “hold” rating and decreased their target price for the company from $65.00 to $60.00 in a research report on Monday, April 22nd. BTIG Research cut shares of Papa John’s International from a “buy” rating to a “neutral” rating in a research note on Friday, March 22nd. Finally, KeyCorp cut their price target on shares of Papa John’s International from $84.00 to $78.00 and set an “overweight” rating for the company in a research note on Tuesday, April 9th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $81.60.

Insider Activity at Papa John’s International

In other Papa John’s International news, Director Laurette T. Koellner sold 2,886 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $70.21, for a total transaction of $202,626.06. Following the transaction, the director now owns 18,804 shares of the company’s stock, valued at approximately $1,320,228.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.80% of the stock is currently owned by company insiders.

About Papa John’s International

Papa John's International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.