Will Papa John’S International, Inc. (NASDAQ:PZZA) Surprise This Quarter?

According to Zacks Investment Research, “Papa John’s Intl, Inc. operates & franchises pizza delivery and carry-out restaurants under the trademark Papa John’s”. Wellington Management Group LLP raised its stake in shares of Papa John’s global by 370.5% in the first quarter. Papa John’s worldwide has a one year low of $44.47 and a one year high of $78.09.

In addition, the company raised its earnings per share guidance to a range of $2.35 to $2.45, up from a range $2.30 to $2.40.

Second quarter 2016 revenues grew 6 percent from the same period previous year to $423 million. The impact score of Papa John’S International, Inc. (PZZA) on Tuesday reported second-quarter net income of $22.7 million. TheStreet cut Papa John’s worldwide to a “hold” rating in a research note on Friday, May 6th.

Kalinowski maintained his “neutral” rating on the stock, but bumped his target price to $75 from $70 following Papa John’s earnings report. The firm seeing the most upside to the stock has a target of 80, while the most conservative price target sees the stock reaching $58.

Revenue for the take-and-bake pizza chain was up by 2.7 percent to $29.9 million for the second quarter of 2016, which ended June 27. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company.

Papa John’s International (NASDAQ:PZZA) traded up 4.7135% during mid-day trading on Wednesday, hitting $77.4985. Finally, Renaissance Technologies LLC raised its stake in shares of Papa John’s worldwide by 13.6% in the first quarter. The stock had a trading volume of 237,471 shares. The stock’s market capitalization is 2.88B, it has a 52-week low of 44.47 and a 52-week high of 78.09. The business had revenue of $423 million for the quarter, compared to analysts’ expectations of $414.45 million. Stockholders of record on Monday, August 8th will be paid a $0.20 dividend.

Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants.

11/19/2015 – Papa John’s International Inc. was upgraded to “buy” by analysts at Sidoti. (NYSE:AIG) quarterly performance is 6.52% while its price to sale ratio is 1.19 and price to book ratio is 0.76.

The deal also gives Papa John’s access to National Football League stars as promoters of its products. The domestic commissary segment consists of the operations of its regional dough production and product distribution centers, and sale and distribution of food and paper products to domestic Company-owned and franchised restaurants.