In the last trading session, 6.89 million Papa John’s International Inc. (NASDAQ:PZZA) shares changed hands as the company’s beta touched 1.14. With the company’s per share price at $76.87 changed hands at -$1.23 or -1.57% during last session, the market valuation stood at $2.56B. PZZA’s last price was a discount, traded about -27.2% off its 52-week high of $97.78. The share price had its 52-week low at $66.74, which suggests the last value was 13.18% up since then. When we look at Papa John’s International Inc.’s average trading volume, we note the 10-day average is 1.5 million shares, with the 3-month average coming to 665.80K.
Analysts gave the Papa John’s International Inc. (PZZA) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 1.90. If we narrow down to specifics, the data shows that 0 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended PZZA as a Hold, 12 felt it is a Buy and 1 rated the stock as Underweight. Papa John’s International Inc.’s EPS for the current quarter is expected to be $0.57.
Papa John’s International Inc. (NASDAQ:PZZA) trade information
Instantly PZZA was in red as seen at the end of in last trading. With action 0.37%, the performance over the past five days has been green. The drop to weekly highs of 78.74 on Friday, 09/15/23 subtracted -1.57% to the stock’s daily price. The company’s shares are showing year-to-date downside of -6.61%, with the 5-day performance at 0.37% in the green. However, in the 30-day time frame, Papa John’s International Inc. (NASDAQ:PZZA) is -3.31% down. Looking at the short shares, we see there were 2.07 million shares sold at short interest cover period of 3 days.
The consensus price target for the stock as assigned by Wall Street analysts is $93.73, meaning bulls need an upside of 17.99% from its current market value. According to analyst projections, PZZA’s forecast low is $80.00 with $114.00 as the target high. To hit the forecast high, the stock’s price needs a -48.3% plunge from its current level, while the stock would need to soar -4.07% for it to hit the projected low.
Papa John’s International Inc. (PZZA) estimates and forecasts
Data shows that the Papa John’s International Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.20% over the past 6 months, a -8.16% in annual growth rate that is considerably lower than the industry average of 14.80%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Papa John’s International Inc. will rise 5.60%, while the growth in revenue is estimated to hit 16.90% for the next quarter. Year-over-year growth is forecast to reach 2.80% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of $531 million. 15 analysts are of the opinion that Papa John’s International Inc.’s revenue for the quarter ending Dec 2023 will be $589.8 million. The company’s revenue for the corresponding quarters a year ago was $510.51 million and $526.23 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.00%. The estimates for the next quarter sales put growth at 12.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.50%. The 2023 estimates are for Papa John’s International Inc. earnings to decrease by -8.80%, but the outlook for the next 5-year period is at 23.30% per year.
Papa John’s International Inc. is expected to release its next quarterly earnings report in October. The 2.39% annual yield figure for the share gives it an annual dividend of 1.84. It is important to note, however, that the 2.39% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.