Papa Johns International, Inc. (NASDAQ:PZZA) Given Average Recommendation of “Hold” by Brokerages

Shares of Papa Johns International, Inc. (NASDAQ:PZZAGet Free Report) have been given an average recommendation of “Hold” by the thirteen ratings firms that are currently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $55.83.

Several equities analysts have commented on PZZA shares. UBS Group cut their price objective on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. KeyCorp downgraded Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Bank of America upped their price objective on Papa Johns International from $66.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Stephens reaffirmed an “overweight” rating and issued a $62.00 price objective on shares of Papa Johns International in a research report on Monday, January 13th. Finally, Loop Capital cut their price objective on Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st.

View Our Latest Stock Report on Papa Johns International

Institutional Investors Weigh In On Papa Johns International

Institutional investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB boosted its holdings in Papa Johns International by 300.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares in the last quarter. Signaturefd LLC boosted its holdings in Papa Johns International by 66.9% in the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock worth $35,000 after acquiring an additional 259 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in Papa Johns International in the third quarter worth about $42,000. CIBC Private Wealth Group LLC acquired a new stake in Papa Johns International in the fourth quarter worth about $30,000. Finally, US Bancorp DE boosted its holdings in Papa Johns International by 225.4% in the third quarter. US Bancorp DE now owns 1,331 shares of the company’s stock worth $72,000 after acquiring an additional 922 shares in the last quarter.

Papa Johns International Stock Up 18.4 %

Shares of Papa Johns International stock opened at $51.28 on Friday. The stock’s fifty day moving average is $40.66 and its two-hundred day moving average is $46.35. The company has a market capitalization of $1.67 billion, a PE ratio of 17.87, a price-to-earnings-growth ratio of 1.94 and a beta of 1.19. Papa Johns International has a 52 week low of $35.28 and a 52 week high of $76.91.

Papa Johns International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Monday, February 10th. Papa Johns International’s dividend payout ratio is presently 64.11%.

About Papa Johns International

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Papa John’s International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.

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Analyst Recommendations for Papa Johns International (NASDAQ:PZZA)

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