Papa Johns International (PZZA) Expected to Announce Quarterly Earnings on Thursday

Papa Johns International (NASDAQ:PZZA) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $519.71 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Papa Johns International Stock Performance

NASDAQ:PZZA opened at $48.73 on Tuesday. The firm has a market cap of $1.59 billion, a P/E ratio of 16.98, a P/E/G ratio of 2.41 and a beta of 1.19. The firm has a 50-day simple moving average of $40.99 and a 200-day simple moving average of $46.73. Papa Johns International has a one year low of $35.28 and a one year high of $76.91.

Papa Johns International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, February 10th. This represents a $1.84 annualized dividend and a dividend yield of 3.78%. Papa Johns International’s dividend payout ratio (DPR) is presently 64.11%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PZZA shares. KeyCorp lowered shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Loop Capital reduced their price objective on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Jefferies Financial Group reduced their price objective on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research note on Wednesday, January 15th. UBS Group reduced their price objective on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, Stephens reiterated an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a research note on Friday, February 14th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $55.67.

About Papa Johns International

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.