The stock of Papa John’s International Inc. (NASDAQ:PZZA) decreased by -$0.81 on Friday to finish at $76.28, down -1.05 percent. The last five days have seen an average of 660,340 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$6.03. The average number of shares traded over the last 20 days was 709,895, while the average volume over the last 50 days totaled 630,184.
PZZA stock dropped -9.70% since last month. On 08/22/23, the company’s shares reached a one-month low of $74.53. The stock touched a high of $97.78 on 02/16/23, after rallying from a low of $66.74 in 52 weeks. The price of PZZA stock has declined by -7.33% or -$6.03 this year, reaching a new high 10 times. Still, the stock price is down -21.99% from the 52-week high.
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Valuation Metrics
Papa John’s International Inc. (PZZA) has a trailing price-to-earnings (P/E) ratio of 36.50. Beta for the stock is 1.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.21, and the price-to-cash flow ratio of 30.18.
Company paid $0.46 per share in dividends, an increase of 9.52% from $0.42 last year. A $0.04 dividend increase was reported on Monday July 31 2023.
Financial Health
For the three months ended June 29, Papa John’s International Inc.’s quick ratio was 0.70, while its current ratio was 0.80, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 30.50% percent. Papa John’s International Inc.’s EBITDA margin for the year ended June 29 was 8.95%, whereas its operating margin stood at 6.20% for the same period. Based on annual data, it had gross profit of $705.35 million and revenue of $2.1 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PZZA’s return on assets (ROA) during the last 12 months has been 8.40%. There was a 28.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -18.70%.
Earnings Surprise
According to Papa John’s International Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $514.53 million, while revenues fell by -1.58% to $527.05 million. It was predicted that Papa John’s International Inc.’s quarterly earnings would be $0.59, but it ended up being $0.59. EBITDA was $50.6 million for the quarter. At the end of Papa John’s International Inc.’s most recent quarter ended June 29, its liabilities totaled 1.34 billion, while its total debt was $1000.0 million. Equity owned by shareholders amounts to $32.74 million.
Technical Picture
Here’s a quick look at Papa John’s International Inc.’s (PZZA) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 36.51%, suggesting the stock is Neutral, with a 22.91% historical volatility rate.
The stochastic %K and %D were 18.61% and 14.33% respectively, while the average true range (ATR) was 2.22. Based on the 14-day stochastic reading of 19.49%, the RSI (14) reading is 41.20%. On the 9-day MACD Oscillator, the stock is at -0.59, and the 14-day reading is at -2.35.
Analyst Ratings
In its analyst report released on June 14, 2023, Piper Sandler began covering Papa John’s International Inc. (NASDAQ: PZZA). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Papa John’s International Inc. (PZZA) an Overweight rating. PZZA is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.
What is PZZA’s price target for the next 12 months?
The current consensus forecast for the stock is between $80.00 and $114.00, with a median target price of $90.00. In analyzing these forecasts, the average price target given by analysts for Papa John’s International Inc. (PZZA) is $92.87.
