Zacks Research Brokers Reduce Earnings Estimates for PZZA

Papa John’s International, Inc. (NASDAQ:PZZA) – Equities researchers at Zacks Research dropped their Q1 2027 earnings per share estimates for Papa John’s International in a research note issued on Friday, September 12th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.53 for the quarter, down from their previous estimate of $0.55. The consensus estimate for Papa John’s International’s current full-year earnings is $2.19 per share. Zacks Research also issued estimates for Papa John’s International’s FY2027 earnings at $2.33 EPS.

Other equities research analysts have also recently issued research reports about the company. UBS Group reissued a “neutral” rating and set a $42.00 target price (up previously from $38.00) on shares of Papa John’s International in a research note on Monday, August 4th. Stephens reaffirmed an “overweight” rating and issued a $52.00 price objective (up from $50.00) on shares of Papa John’s International in a research note on Friday, August 8th. Benchmark reaffirmed a “buy” rating and issued a $60.00 price objective (up from $50.00) on shares of Papa John’s International in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on Papa John’s International from $40.00 to $46.00 and gave the company a “hold” rating in a research note on Monday, August 11th. Finally, Stifel Nicolaus lifted their price objective on Papa John’s International from $38.00 to $42.00 and gave the company a “hold” rating in a research note on Friday, August 15th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $52.33.

Papa John’s International Stock Down 1.9%

PZZA stock opened at $48.66 on Monday. The business has a fifty day moving average of $46.00 and a two-hundred day moving average of $43.36. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 2.73 and a beta of 1.15. Papa John’s International has a 52-week low of $30.16 and a 52-week high of $60.75.

Papa John’s International (NASDAQ:PZZA) last posted its earnings results on Thursday, August 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. The company had revenue of $529.17 million during the quarter, compared to analysts’ expectations of $515.48 million. Papa John’s International had a negative return on equity of 14.42% and a net margin of 3.58%.The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. lifted its holdings in Papa John’s International by 18.4% during the 4th quarter. Ameriprise Financial Inc. now owns 149,697 shares of the company’s stock worth $6,148,000 after buying an additional 23,260 shares during the last quarter. Captrust Financial Advisors purchased a new stake in Papa John’s International during the 4th quarter worth about $371,000. Deutsche Bank AG lifted its holdings in Papa John’s International by 33.7% during the 4th quarter. Deutsche Bank AG now owns 35,839 shares of the company’s stock worth $1,472,000 after buying an additional 9,039 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Papa John’s International by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,906 shares of the company’s stock worth $776,000 after buying an additional 658 shares during the last quarter. Finally, ProShare Advisors LLC lifted its holdings in Papa John’s International by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 10,010 shares of the company’s stock worth $411,000 after buying an additional 3,084 shares during the last quarter.

Papa John’s International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were issued a $0.46 dividend. The ex-dividend date was Monday, August 18th. This represents a $1.84 dividend on an annualized basis and a yield of 3.8%. Papa John’s International’s dividend payout ratio (DPR) is 81.42%.

Papa John’s International Company Profile

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.