Share

Papa John’s International Inc. (PZZA) Earns “Hold” Rating from Jefferies Group

(Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain worldwide markets, dine-in and restaurant-based delivery restaurants under the trademark Papa John’s. Its other global QC Centers are licensed to franchisees or non-franchisee third parties and are located in the markets where the Company’s franchisees have restaurants.

Advertisement

02/25/2015 – Papa John’s International Inc. had its “buy” rating reiterated by analysts at Janney Montgomery Scott. On average, analysts predict that Papa John’s worldwide will post $2.40 earnings per share for the current fiscal year.

02/25/2016 – Papa John’s International Inc. had its “hold” rating reiterated by analysts at Jefferies.

01/08/2015 – Papa John’s International Inc. had its “outperform” rating reiterated by analysts at Telsey Advisory Group.

For the past four years, Papa John’s has been the most recognized brand among avid National Football League fans, according to the National Football League sponsor awareness survey conducted by Turnkey Intelligence for SportsBusiness Journal/Daily. Capstone Asset Management Co. now owns 10,196 shares of the company’s stock valued at $693,000 after buying an additional 500 shares during the last quarter. CIBC World Markets Inc. purchased a new stake in shares of Papa John’s worldwide during the second quarter valued at approximately $325,000. Matarin Capital Management LLC acquired a new stake in shares of Papa John’s global during the fourth quarter worth $9,185,000.

06/22/2016 – Papa John’s International Inc. was downgraded to “neutral” by analysts at Nomura.

In addition, the company raised its earnings per share guidance to a range of $2.35 to $2.45, up from a range $2.30 to $2.40.

Papa John’s International (NASDAQ:PZZA) traded up 4.7135% during mid-day trading on Wednesday, hitting $77.4985. The stock had a trading volume of 237,471 shares. The 6 months bullish chart indicates low risk for the $2.88 billion company. The stock’s 50-day moving average price is $69.49 and its 200-day moving average price is $59.70.

Papa John’s Int’l (PZZA) reported quarterly earnings results on Tuesday, Aug-2-2016. The business had revenue of $423 million for the quarter, compared to analysts’ expectations of $414.45 million. The business’s quarterly revenue was up 6.0% compared to the same quarter previous year.

Papa John’s is the most recognized brand among fans of the National Football League and the chain intends to keep it that way, announcing it had renewed its multiyear deal as the official pizza sponsor of the NFL and the Super Bowl. Stockholders of record on Monday, August 8th will be paid a $0.20 dividend. Its down 0.54, from 1.29 in 2015Q4.

Advertisement

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants.

Papa John's International Inc. - Get News & Ratings Daily