As of Friday close, Papa John’s International Inc.’s (NASDAQ:PZZA) stock was down -$0.79, moving down -1.03 percent to $76.23. The average number of shares traded per day over the past five days has been 594,340 shares. 1 time new highs have been achieved over the past 5 days, with a -$5.87 fall in that time frame. In the last twenty days, the average volume was 698,775, while in the previous 50 days, it was 624,188.
Since last month, PZZA stock retreated -4.51%. Shares of the company fell to $75.60 on 07/19/23, the lowest level in the past month. A 52-week high of $97.78 was reached on 02/16/23 after having rallying from a 52-week low of $66.74. Since the beginning of this year, PZZA’s stock price has dropped by -7.39% or -$6.08, and marked a new high 10 times. However, the stock has declined by -22.04% since its 52-week high.
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PZZA stock investors should be aware that Papa John’s International Inc. (PZZA) stock had its last reported insider trading activity 359 days ago on Aug 25. Boakye Marvin, the Chief People & Diversity Ofc of the company, disposed of 2,950 shares for $85.57 on Aug 25. It resulted in a $252,438 divestment by the insider.
Valuation Metrics
Right now, Papa John’s International Inc. (PZZA) has a P/E ratio of about 36.47. The stock’s beta is 1.13.
The latest dividend of $0.46 per share was paid out, which is 9.52% more than last year’s $0.42. On Monday July 31 2023, a $0.04 dividend increase was announced.
Financial Health
In the three months ended June 29, Papa John’s International Inc.’s quick ratio stood at 0.70, while its current ratio was 0.80, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 30.50% percent. In the year ended June 29, EBITDA margin amounted to 8.95%, whereas operating margins totaled 6.20%. Based on annual data, PZZA earned $705.35 million in gross profit and brought in $2.1 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 28.10%. Return on equity (ROE) for the past 12 months was -18.70%.
In Papa John’s International Inc.’s quarter-end financial report for June 29, it reported total debt of $768.82 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PZZA’s revenue fell -1.58% to $527.05 million during the quarter, while net income inched up to $514.53 million. While analysts expected Papa John’s International Inc. to report $0.59 quarterly earnings, the actual figure was $0.59 per share. During the quarter, the company generated $50.6 million in EBITDA. The liabilities of Papa John’s International Inc. were 1.34 billion at the end of its most recent quarter ended June 29, and its total debt was $1000.0 million. The value of shareholders’ equity is $32.74 million.
Technical Picture
This quick technical analysis looks at Papa John’s International Inc.’s (PZZA) price momentum. With a historical volatility rate of 21.03%, the RSI 9-day stood at 29.90% on 18 August.
With respect to its five-day moving average, the current Papa John’s International Inc. price is down by -7.15% percent or -$5.87. At present, PZZA shares trade -5.37% below its 20-day simple moving average and +0.18% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.37% above its SMA50 and +4.96% above its SMA200.
Stochastic coefficient K was 14.28% and Stochastic coefficient D was 24.81%, while ATR was 2.35. Given the Stochastic reading of 3.43% for the 14-day period, the RSI (14) reading has been calculated as 38.74%. As of today, the MACD Oscillator reading stands at -2.57, while the 14-day reading stands at -3.24.
Analyst Ratings
Piper Sandler launched its rating on Papa John’s International Inc. (NASDAQ: PZZA) to a Neutral in a note to investors on June 14, 2023. Papa John’s International Inc. (PZZA) has been rated Overweight by analysts. According to 0 brokerage firms, PZZA is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Papa John’s International Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $90.00, the current consensus forecast for the stock is $80.00 – $114.00. Based on these forecasts, analysts predict Papa John’s International Inc. (PZZA) will achieve an average price target of $92.60.
