Pizza Pizza Royalty (TSE:PZA) Price Target Lowered to C$12.00 at TD

Pizza Pizza Royalty (TSE:PZA) had its price objective reduced by equities research analysts at TD from C$14.00 to C$12.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD’s price target suggests a potential downside of 7.90% from the stock’s current price.

Pizza Pizza Royalty Stock Down 5.7%

Shares of TSE:PZA traded down C$0.79 during trading on Tuesday, hitting C$13.03. The company’s stock had a trading volume of 407,011 shares, compared to its average volume of 58,166. The company has a debt-to-equity ratio of 15.24, a quick ratio of 3.03 and a current ratio of 1.64. Pizza Pizza Royalty has a fifty-two week low of C$12.50 and a fifty-two week high of C$16.73. The stock’s 50-day moving average price is C$15.36 and its two-hundred day moving average price is C$15.56. The company has a market capitalization of C$440.48 million, a PE ratio of 13.74 and a beta of 0.51.

Pizza Pizza Royalty (TSE:PZA) last announced its quarterly earnings data on Wednesday, March 25th. The company reported C$0.24 earnings per share (EPS) for the quarter. Pizza Pizza Royalty had a return on equity of 10.21% and a net margin of 76.59%. As a group, sell-side analysts expect that Pizza Pizza Royalty will post 0.9896142 EPS for the current year.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.