Papa John’s Pizza (NASDAQ:PZZA) Earning Somewhat Favorable News Coverage, Report Finds

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Media stories about Papa John’s Pizza (NASDAQ:PZZA) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Papa John’s Pizza earned a news impact score of 0.01 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.4435644541923 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

A number of equities analysts have weighed in on PZZA shares. Zacks Investment Research raised shares of Papa John’s Pizza from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. BidaskClub upgraded shares of Papa John’s Pizza from a “sell” rating to a “hold” rating in a report on Wednesday. Nomura reaffirmed a “hold” rating and issued a $58.00 price target on shares of Papa John’s Pizza in a research note on Friday, December 22nd. Finally, Deutsche Bank started coverage on shares of Papa John’s Pizza in a research report on Monday, December 18th. They issued a “hold” rating and a $63.00 price objective on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $76.60.

Shares of PZZA stock traded down $0.41 on Friday, reaching $62.12. The company had a trading volume of 680,779 shares, compared to its average volume of 1,062,495. The stock has a market capitalization of $2,014.17, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 1.94 and a beta of 0.56. Papa John’s Pizza has a one year low of $54.00 and a one year high of $85.20. The company has a current ratio of 1.28, a quick ratio of 1.05 and a debt-to-equity ratio of -4.21.

Papa John’s Pizza (NASDAQ:PZZA) last released its earnings results on Tuesday, February 27th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.02). The firm had revenue of $467.60 million for the quarter, compared to analyst estimates of $463.61 million. Papa John’s Pizza had a net margin of 5.79% and a negative return on equity of 366.49%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.69 EPS. equities analysts predict that Papa John’s Pizza will post 2.48 EPS for the current fiscal year.

In related news, Director Mark S. Shapiro sold 8,232 shares of Papa John’s Pizza stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $60.78, for a total value of $500,340.96. Following the completion of the sale, the director now owns 25,070 shares of the company’s stock, valued at approximately $1,523,754.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Lance F. Tucker sold 36,783 shares of Papa John’s Pizza stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $59.42, for a total transaction of $2,185,645.86. Following the completion of the sale, the chief financial officer now directly owns 32,239 shares of the company’s stock, valued at approximately $1,915,641.38. The disclosure for this sale can be found here. In the last three months, insiders sold 46,781 shares of company stock valued at $2,793,713. 27.70% of the stock is currently owned by insiders.

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About Papa John’s Pizza

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. It operates through five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

Insider Buying and Selling by Quarter for Papa John`s Pizza (NASDAQ:PZZA)

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