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

Papa Johns International (NASDAQ:PZZA) is scheduled to announce 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. Investors interested in participating in the company’s conference call can do so using this link.

Papa Johns International (NASDAQ:PZZA) last released its earnings results on Thursday, August 8th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.53 by $0.08. The firm had revenue of $507.89 million for the quarter, compared to analysts’ expectations of $520.13 million. Papa Johns International had a net margin of 3.25% and a negative return on equity of 19.85%. Papa Johns International’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company earned $0.59 EPS. 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 Trading Down 1.7 %

Shares of NASDAQ:PZZA opened at $51.45 on Thursday. Papa Johns International has a twelve month low of $39.90 and a twelve month high of $78.67. The firm has a market cap of $1.70 billion, a P/E ratio of 23.47, a P/E/G ratio of 3.23 and a beta of 1.20. The company has a 50 day moving average of $50.23 and a 200-day moving average of $49.48.

Papa Johns International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Monday, November 18th. Papa Johns International’s dividend payout ratio (DPR) is presently 81.78%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Wedbush reaffirmed an “outperform” rating and set a $51.00 target price on shares of Papa Johns International in a research note on Friday, August 23rd. Stephens reaffirmed an “overweight” rating and issued a $60.00 price objective on shares of Papa Johns International in a research note on Thursday, August 8th. BMO Capital Markets cut their target price on shares of Papa Johns International from $75.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday, August 9th. UBS Group reduced their target price on shares of Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Finally, Piper Sandler dropped their price target on Papa Johns International from $61.00 to $50.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.