Analyst Spells out Path to Victory for Papa John’s (NASDAQ:PZZA)
TipRanks (Mon, 22-Apr 1:31 PM ET)
Analyst Eyes Papa John's Comparable Sales Amid Price-Value Concerns, Upgrades Stock To Hold
Benzinga (Mon, 22-Apr 1:29 PM ET)
Bank of America Securities Sticks to Their Buy Rating for Papa John’s International (PZZA)
TipRanks (Mon, 22-Apr 10:17 AM ET)
Papa John's comp sales critical to fuel franchise growth - analyst
Seeking Alpha News (Mon, 22-Apr 9:55 AM ET)
Papa John’s Hold Rating Maintained Amid Market Volatility and Sales Concerns
TipRanks (Mon, 22-Apr 4:15 AM ET)
Papa John’s International (PZZA) Gets a Buy from Loop Capital Markets
TipRanks (Fri, 19-Apr 7:27 AM ET)
Business Wire (Tue, 9-Apr 8:00 AM ET)
Papa Johns Unveils New Brand Platform Honoring Pizza Fans' Unmatched Devotion
Business Wire (Tue, 2-Apr 8:00 AM ET)
Globe Newswire (Tue, 2-Apr 7:30 AM ET)
Papa Johns to Report 2024 First Quarter Results on May 9, 2024
Business Wire (Mon, 1-Apr 7:00 AM ET)
Papa John's is one of the largest players in the global QSR, or quick-service restaurant, pizza market, boasting more than 5,900 restaurants across nearly 50 countries at the end of 2023. The firm operates a predominantly franchised system, owning 11% of its restaurants and generating revenue from franchise royalties, sales of pizza and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the fourth-largest limited-service pizza chain both in the US and globally, with a sizable presence in the UK, China, South Korea, and Chile.
Papa John's International trades on the NASDAQ stock market under the symbol PZZA.
As of April 23, 2024, PZZA stock price climbed to $64.26 with 627,923 million shares trading.
PZZA has a beta of 0.88, meaning it tends to be less sensitive to market movements. PZZA has a correlation of 0.17 to the broad based SPY ETF.
PZZA has a market cap of $2.23 billion. This is considered a Mid Cap stock.
Last quarter Papa John's International reported $571 million in Revenue and $.91 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.19.
In the last 3 years, PZZA stock traded as high as $140.68 and as low as $60.24.
The top ETF exchange traded funds that PZZA belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
PZZA has underperformed the market in the last year with a return of -11.5%, while the SPY ETF gained +24.3%. In the last 3 month period, PZZA fell short of the market, returning -15.9%, while SPY returned +4.9%. However, in the most recent 2 weeks PZZA has outperformed the stock market by returning +0.4%, while SPY returned -2.5%.
PZZA support price is $62.14 and resistance is $64.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PZZA stock will trade within this expected range on the day.