Papa John’s International, Inc (NASDAQ:PZZA) does about 1.14M shares in volume on a normal day but saw 1572067 shares change hands in the recent trading day. The company now has a market cap of 1.58B USD. Its current market price is $48.20, marking a decrease of -4.61% compared to the previous close of $50.53. The 52 week high reached by this stock is $60.75 whilst the lowest price level in 52 weeks is $30.16. The script in recent trading has seen the stock touch a high of $45 and a low of $38.
12 analysts observing the Papa John’s International, Inc (PZZA) stock have set the 12-month price targets for the company’s shares at between $38 and $45. The consensus objective for the share price is $46.55, suggesting that the stock has a potential downside of -3.54% over the period. The median price target is -16.14% away from the current levels at $41.5.
FactSet Research has provided data showing that 12 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 7 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
Stifel upgraded the stock to “Hold” from Sell on April 22, 2024 at a price target of $65-$60. Stephens resumed its price target at $75.
The current price level is 9.19%, 24.97%, and 7.98% away from its SMA20, SMA50, and SMA200 respectively, with the PZZA price moving above the 50-day SMA on current market day. Papa John’s International, Inc (PZZA) stock is up 3.90% over the week and 25.95% over the past month. Its price is 17.36% year-to-date and 2.18% over the past year.
Its 12-month price target is $41.5. To reach the target analysts have set, the stock logically needs to shrink -3.54 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $38, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $45.
Outstanding shares total 32.73M with insiders holding 1.25% of the shares and institutional holders owning 118.83% of the company’s common stock. The company has a return on investment of 15.06%. The price to earnings ratio (P/E ratio) amounts to 20.42 while the forward price to earnings ratio is 21.41. The beta has a value of 1.17. Price to sales ratio is 0.76.
