FY2024 Earnings Estimate for PZZA Issued By KeyCorp

Papa Johns International, Inc. (NASDAQ:PZZAFree Report) – KeyCorp issued their FY2024 earnings estimates for Papa Johns International in a note issued to investors on Wednesday, November 13th. KeyCorp analyst E. Gonzalez forecasts that the company will earn $2.20 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Papa Johns International’s current full-year earnings is $2.23 per share. KeyCorp also issued estimates for Papa Johns International’s Q4 2024 earnings at $0.49 EPS.

Papa Johns International (NASDAQ:PZZAGet Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company had revenue of $506.80 million for the quarter, compared to analysts’ expectations of $497.28 million. During the same period in the prior year, the business earned $0.53 EPS. The firm’s quarterly revenue was down 3.1% on a year-over-year basis.

Several other research analysts have also recently issued reports on the stock. UBS Group increased their target price on shares of Papa Johns International from $47.00 to $56.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Stephens reissued an “overweight” rating and set a $62.00 price target on shares of Papa Johns International in a research report on Thursday, November 7th. Bank of America increased their price target on shares of Papa Johns International from $66.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Papa Johns International from $58.00 to $45.00 and set a “hold” rating for the company in a research report on Friday, August 9th. Finally, Piper Sandler decreased their price target on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $60.82.

Read Our Latest Stock Report on PZZA

Papa Johns International Price Performance

Shares of Papa Johns International stock opened at $47.32 on Monday. Papa Johns International has a 1 year low of $39.90 and a 1 year high of $78.67. The firm’s 50-day moving average is $51.77 and its two-hundred day moving average is $48.64. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.37 and a beta of 1.19.

Institutional Trading of Papa Johns International

Institutional investors have recently made changes to their positions in the company. Signaturefd LLC increased its holdings in Papa Johns International by 66.9% in the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after purchasing an additional 259 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in Papa Johns International in the 3rd quarter valued at approximately $42,000. CWM LLC increased its holdings in Papa Johns International by 65.6% in the 2nd quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after purchasing an additional 525 shares during the last quarter. US Bancorp DE increased its holdings in Papa Johns International by 225.4% in the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after purchasing an additional 922 shares during the last quarter. Finally, nVerses Capital LLC acquired a new stake in Papa Johns International in the 3rd quarter valued at approximately $156,000.

Papa Johns International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Monday, November 18th. Papa Johns International’s payout ratio is presently 64.11%.

Papa Johns International Company Profile

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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.

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Earnings History and Estimates for Papa Johns International (NASDAQ:PZZA)

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