Breaking: Papa John’s International (NASDAQ:PZZA) “Hold” Rating Kept by Jefferies Today; The Target Price per Share Given is $60.0

April 17, 2018 - By Richard Conner

Papa John's International, Inc. (NASDAQ:PZZA) Logo

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.08, from 1.05 in 2017Q3. It dived, as 39 investors sold Papa John's International, Inc. shares while 65 reduced holdings. 51 funds opened positions while 50 raised stakes. 28.52 million shares or 1.80% less from 29.04 million shares in 2017Q3 were reported.

Envestnet Asset Mngmt holds 989 shares. Pacad Inv Ltd invested 0.02% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Columbia Wanger Asset Mgmt Lc has 0.6% invested in Papa John's International, Inc. (NASDAQ:PZZA) for 721,089 shares. Geode Capital Mgmt Limited Liability Corporation reported 241,597 shares. Parallax Volatility Advisers Limited Partnership holds 3,948 shares. Us Bancshares De reported 41,008 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 1,293 shares. 95 were accumulated by Lorber David A. Louisiana State Employees Retirement Systems invested 0.02% in Papa John's International, Inc. (NASDAQ:PZZA). Ci Global Inc has invested 0.08% in Papa John's International, Inc. (NASDAQ:PZZA). Teachers Retirement System Of The State Of Kentucky invested 0.01% in Papa John's International, Inc. (NASDAQ:PZZA). Weaver C Barksdale And Assocs holds 167 shares or 0.01% of its portfolio. Arrowstreet Cap Limited Partnership stated it has 0% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Nomura owns 3,717 shares. Bankshares Of America De stated it has 47,258 shares or 0% of all its holdings.

Since March 1, 2018, it had 0 insider purchases, and 4 selling transactions for $3.47 million activity. Shares for $677,623 were sold by OHern Timothy C. Shares for $500,318 were sold by SHAPIRO MARK S on Thursday, March 1. $107,726 worth of stock was sold by Oyler Caroline Miller on Friday, March 9.

Papa John’s International (NASDAQ:PZZA) Rating Reaffirmed

Papa John’s International (NASDAQ:PZZA) just had their share rating of a ‘”Hold”‘ issued by research analysts at Jefferies, who now has a $60.0 target price on the $1.98B market cap company or a -2.47 % downside potential. This key information was shown in an analyst report on Friday, 22 December.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.08, from 1.05 in 2017Q3. It dived, as 39 investors sold Papa John's International, Inc. shares while 65 reduced holdings. 51 funds opened positions while 50 raised stakes. 28.52 million shares or 1.80% less from 29.04 million shares in 2017Q3 were reported.

Envestnet Asset Mngmt holds 989 shares. Pacad Inv Ltd invested 0.02% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Columbia Wanger Asset Mgmt Lc has 0.6% invested in Papa John's International, Inc. (NASDAQ:PZZA) for 721,089 shares. Geode Capital Mgmt Limited Liability Corporation reported 241,597 shares. Parallax Volatility Advisers Limited Partnership holds 3,948 shares. Us Bancshares De reported 41,008 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 1,293 shares. 95 were accumulated by Lorber David A. Louisiana State Employees Retirement Systems invested 0.02% in Papa John's International, Inc. (NASDAQ:PZZA). Ci Global Inc has invested 0.08% in Papa John's International, Inc. (NASDAQ:PZZA). Teachers Retirement System Of The State Of Kentucky invested 0.01% in Papa John's International, Inc. (NASDAQ:PZZA). Weaver C Barksdale And Assocs holds 167 shares or 0.01% of its portfolio. Arrowstreet Cap Limited Partnership stated it has 0% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Nomura owns 3,717 shares. Bankshares Of America De stated it has 47,258 shares or 0% of all its holdings.

Since March 1, 2018, it had 0 insider purchases, and 4 selling transactions for $3.47 million activity. Shares for $677,623 were sold by OHern Timothy C. Shares for $500,318 were sold by SHAPIRO MARK S on Thursday, March 1. $107,726 worth of stock was sold by Oyler Caroline Miller on Friday, March 9.

Papa John's International, Inc. (NASDAQ:PZZA) Ratings Coverage

Among 4 analysts covering Papa John’s International (NASDAQ:PZZA), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Papa John’s International has $90.0 highest and $60.0 lowest target. $71’s average target is 15.41% above currents $61.52 stock price. Papa John’s International had 5 analyst reports since October 24, 2017 according to SRatingsIntel. Deutsche Bank initiated Papa John's International, Inc. (NASDAQ:PZZA) rating on Monday, December 18. Deutsche Bank has “Hold” rating and $63.0 target. The rating was downgraded by BTIG Research to “Neutral” on Thursday, November 2. On Friday, December 22 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Neutral” rating on Friday, October 27 by Nomura. On Tuesday, October 24 the stock rating was maintained by BTIG Research with “Buy”.

The stock increased 1.23% or $0.75 during the last trading session, reaching $61.52. About 220,378 shares traded. Papa John's International, Inc. (NASDAQ:PZZA) has declined 27.44% since April 17, 2017 and is downtrending. It has underperformed by 38.99% the S&P500.

Analysts await Papa John's International, Inc. (NASDAQ:PZZA) to report earnings on May, 1. They expect $0.63 EPS, down 18.18 % or $0.14 from last year’s $0.77 per share. PZZA’s profit will be $20.30M for 24.41 P/E if the $0.63 EPS becomes a reality. After $0.65 actual EPS reported by Papa John's International, Inc. for the previous quarter, Wall Street now forecasts -3.08 % negative EPS growth.

Papa JohnÂ’s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa JohnÂ’s trademark in the United States and internationally. The company has market cap of $1.98 billion. It operates through five divisions: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others. It has a 21.74 P/E ratio. The firm also operates dine-in and delivery restaurants.

Papa John's International, Inc. (NASDAQ:PZZA) Institutional Positions Chart

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