Papa John's
PZZA

$46.93

1.35%

Market Cap: $1.55B

About: Papa John's is one of the largest players in the global QSR, or quick-service restaurant, pizza market, boasting more than 5,900 restaurants across nearly 50 countries at the end of 2023. The firm operates a predominantly franchised system, owning 11% of its restaurants and generating revenue from franchise royalties, sales of pizza and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the fourth-largest limited-service pizza chain both in the US and globally, with a sizable presence in the UK, China, South Korea, and Chile.

Employees: 13,200

Consumer Discretionary Eating Places

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 79

6.99% more ownership

Funds ownership: 114.02% [Q1] → 121.01% (+6.99%) [Q2]

11% less call options, than puts

Call options by funds: $182M | Put options by funds: $204M

14% less funds holding

Funds holding: 277 [Q1] → 239 (-38) [Q2]

25% less capital invested

Capital invested by funds: $2.49B [Q1] → $1.87B (-$614M) [Q2]

48% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 79

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Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$45

4%

downside

Avg. target

$53

13%

upside

High target

$69

47%

upside

11 analyst ratings

7 positive

64%

4 neutral

36%

0 negative

0%

Wedbush Nick Setyan 57% 1-year accuracy 51 / 90 met price target	9%upside $51	Outperform Reiterated	23 Aug 2024
Deutsche Bank Lauren Silberman 67% 1-year accuracy 12 / 18 met price target	4%downside $45	Hold Maintained	9 Aug 2024
BMO Capital Andrew Strelzik 52% 1-year accuracy 16 / 31 met price target	39%upside $65	Outperform Maintained	9 Aug 2024
UBS Dennis Geiger 45% 1-year accuracy 5 / 11 met price target	0%upside $47	Neutral Maintained	9 Aug 2024
Piper Sandler Brian Mullan 62% 1-year accuracy 8 / 13 met price target	7%upside $50	Neutral Maintained	9 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about PZZA published over the past 30 days

Papa Johns Announces PepsiCo as its Beverage Partner in North America

LOUISVILLE, Ky.--(BUSINESS WIRE)--Today, Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns”) announced its selection of PepsiCo as its exclusive beverage supplier for restaurants in North America through a 10-year contract renewal. The extension of this partnership showcases the brand's ongoing commitment to deliver exceptional value to its customers and franchise partners by offering quality products that customers expect. The partnership will also underscore the brand's strategy by.

Papa Johns Announces PepsiCo as its Beverage Partner in North America

Zacks Investment Research

Here's Why You Should Retain Papa John's Stock in Your Portfolio

PZZA focuses on realigning its marketing and product offerings to cater to value-conscious customers and drive growth. However, soft comps are a headwind.

Here's Why You Should Retain Papa John's Stock in Your Portfolio

Papa Johns Chooses Loadmill as AI-Driven Software Testing Platform

PALO ALTO, Calif. , Aug. 21, 2024 /PRNewswire/ -- Loadmill is pleased to announce its partnership with Papa Johns International, Inc. ("Papa Johns"), the world's third-largest pizza delivery company.

Papa Johns Chooses Loadmill as AI-Driven Software Testing Platform

3 Stocks Options Traders Safeguarded with Puts After Market Jolt

Most investors tend to panic sell once the market's volatility awakens from its often long sleep. As the S&P 500 or the value of any portfolio starts to decline suddenly like it did last week, the main risk management tool market participants look to is simply to reduce exposure to these positions, and that's typically done by selling out.

3 Stocks Options Traders Safeguarded with Puts After Market Jolt

Zacks Investment Research

Papa John's (PZZA) Q2 Earnings Beat Estimates, Stock Rises

Papa John's (PZZA) second-quarter 2024 top line has been hurt by lower contributions from the North American commissary segment due to lower transaction volumes and commodity price declines.

Papa John's (PZZA) Q2 Earnings Beat Estimates, Stock Rises

Papa John's Q2: Surprisingly Good Profitability Despite Sales Weakness (Upgrade)

Papa John's International, Inc.'s Q2 report showed a revenue miss as comparable sales were pushed down considerably from a weak industry, lower local marketing, and seemingly some underlying brand weakness. Despite weak sales, Papa John's managed to improve underlying profitability incredibly well amid the Back To Better 2.0 plan implementation. Papa John's stock is now undervalued, considering the Back To Better 2.0 initiatives' potential on earnings.

Papa John's Q2: Surprisingly Good Profitability Despite Sales Weakness (Upgrade)

Zacks Investment Research

Papa John's (PZZA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Papa John's (PZZA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Papa John's (PZZA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Papa John's (PZZA) Tops Q2 Earnings Estimates

Papa John's (PZZA) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.59 per share a year ago.

Papa John's (PZZA) Tops Q2 Earnings Estimates

Papa Johns Announces Second Quarter 2024 Financial Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (Nasdaq: PZZA) (“Papa Johns®”) (the “Company”) today announced financial results for the second quarter ended June 30, 2024. Highlights North America comparable sales(a) were down 4% from a year ago as Domestic Company-owned restaurants were down 4% and North America franchised restaurants were down 3%; International comparable sales(a) were flat compared with the prior year period. 31 net unit closures in the second quarter resu.

Papa Johns Announces Second Quarter 2024 Financial Results

Zacks Investment Research

What Analyst Projections for Key Metrics Reveal About Papa John's (PZZA) Q2 Earnings

Beyond analysts' top -and-bottom-line estimates for Papa John's (PZZA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

What Analyst Projections for Key Metrics Reveal About Papa John's (PZZA) Q2 Earnings

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