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

Papa Johns International (NASDAQ:PZZA) will be announcing its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.08. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The business had revenue of $507.89 million during the quarter, compared to analysts’ expectations of $520.13 million. During the same period last year, the firm posted $0.59 EPS. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, analysts expect Papa Johns International to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Papa Johns International Stock Performance

PZZA opened at $56.14 on Tuesday. The stock has a fifty day moving average of $50.66 and a 200-day moving average of $49.30. Papa Johns International has a fifty-two week low of $39.90 and a fifty-two week high of $78.67. The company has a market capitalization of $1.83 billion, a P/E ratio of 26.57, a P/E/G ratio of 3.32 and a beta of 1.19.

Papa Johns International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 18th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date is Monday, November 18th. Papa Johns International’s dividend payout ratio is currently 88.46%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. UBS Group dropped their price target on shares of Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Stephens reaffirmed an “overweight” rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Thursday, August 8th. BMO Capital Markets reduced their target price on Papa Johns International from $75.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. KeyCorp dropped their price target on Papa Johns International from $64.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, August 9th. Finally, Piper Sandler reduced their price objective on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Papa Johns International Company Profile

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. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.