Somewhat Positive News Coverage Somewhat Unlikely to Affect Papa John's Int'l (PZZA) Share Price
Media stories about Papa John's Int'l (NASDAQ:PZZA) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Papa John's Int'l earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.6140489453876 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Papa John’s International Signs a Development Agreement for the Bahamas (finance.yahoo.com)
- ETFs with exposure to Papa John’s International, Inc. : December 18, 2017 (finance.yahoo.com)
- Papa John's Int'l, Inc. (PZZA) Expected to Announce Quarterly Sales of $469.10 Million (americanbankingnews.com)
- Papa John's Int'l (PZZA) Now Covered by Analysts at Deutsche Bank (americanbankingnews.com)
- Contrasting Papa John's Int'l (PZZA) and Zoe's Kitchen (ZOES) (americanbankingnews.com)
A number of brokerages have weighed in on PZZA. Deutsche Bank began coverage on Papa John's Int'l in a research report on Monday. They issued a “hold” rating and a $63.00 price target for the company. BidaskClub raised Papa John's Int'l from a “strong sell” rating to a “sell” rating in a research report on Saturday, December 2nd. Zacks Investment Research cut Papa John's Int'l from a “hold” rating to a “strong sell” rating in a research report on Monday, November 6th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $60.00 price target on shares of Papa John's Int'l in a research report on Friday, November 3rd. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $65.00 price target on shares of Papa John's Int'l in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $77.90.
Papa John's Int'l (NASDAQ:PZZA) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.01). Papa John's Int'l had a return on equity of 4,321.08% and a net margin of 6.12%. The business had revenue of $431.70 million for the quarter, compared to analyst estimates of $427.23 million. During the same period in the prior year, the firm posted $0.57 EPS. Papa John's Int'l’s revenue for the quarter was up 2.2% on a year-over-year basis. analysts forecast that Papa John's Int'l will post 2.74 earnings per share for the current fiscal year.
In other Papa John's Int'l news, Director Wayne Kent Taylor acquired 8,860 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The stock was acquired at an average price of $57.53 per share, with a total value of $509,715.80. Following the transaction, the director now owns 30,822 shares of the company’s stock, valued at $1,773,189.66. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 27.70% of the stock is currently owned by insiders.
About Papa John's Int'l
Papa John’s International, Inc (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units.
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