Papa John'sPZZA
PZZA
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
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 44
18% more capital invested
Capital invested by funds: $1.9B [Q2] → $2.25B (+$348M) [Q3]
11% more funds holding
Funds holding: 240 [Q2] → 266 (+26) [Q3]
5.25% more ownership
Funds ownership: 122.52% [Q2] → 127.78% (+5.25%) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 80
5% less call options, than puts
Call options by funds: $288M | Put options by funds: $304M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$56
38%
upside
Avg. target
$62
53%
upside
High target
$71
75%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Wedbush Nick Setyan 57% 1-year accuracy 54 / 95 met price target | 48%upside $60 | Outperform Reiterated | 13 Dec 2024 |
Stephens & Co. Jim Salera 23% 1-year accuracy 9 / 39 met price target | 53%upside $62 | Overweight Reiterated | 13 Dec 2024 |
UBS Dennis Geiger 53% 1-year accuracy 10 / 19 met price target | 38%upside $56 | Neutral Maintained | 8 Nov 2024 |
B of A Securities Sara Senatore 46% 1-year accuracy 16 / 35 met price target | 75%upside $71 | Buy Maintained | 22 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
Reminder: Papa Johns Hosting Analyst and Investor Meeting Today
LOUISVILLE, Ky.--(BUSINESS WIRE)--As previously announced, Papa Johns International, Inc. (Nasdaq: PZZA) (“Papa Johns©”) is hosting an analyst and investor meeting today December 12, 2024 at 10:00 am ET. A live video webcast of the formal programming will be available on the Papa Johns Investor Relations website. Participants who wish to attend should register online at https://ir.papajohns.com/news-events/ir-calendar at least 15 minutes prior to the start of the event. A replay of the webcast.
Negative
MarketBeat
3 weeks ago
Is Papa John's Ready to Rise Again?
Papa John's International, Inc. NASDAQ: PZZA is a prominent player in the fast-casual dining segment and the company has experienced a challenging 2024. Papa John's stock price has declined approximately 35% year-to-date, reflecting the broader impact of macroeconomic headwinds and a slowdown in organic delivery orders.
Positive
Zacks Investment Research
1 month ago
Here's Why You Should Retain Papa John's Stock in Your Portfolio Now
PZZA's focus on menu innovation, enhanced digital platforms and a revamped loyalty program bodes well. However, soft comps are a headwind.
Positive
Seeking Alpha
1 month ago
Papa John's: Sharpening The Value Perception And Enhancing 1P Channels
Papa John's struggles with aggregator channels and outdated loyalty programs, but recent improvements in rewards and value perception show promise for a turnaround. Domino's success with its revamped rewards program highlights the importance of strong owned channels before embracing third-party platforms. Despite recent challenges, Papa John's is focusing on optimizing its menu, enhancing value perception, and expanding strategically to drive future growth.
Neutral
GlobeNewsWire
1 month ago
Papa Johns and Aviation American Gin are Spicing Up the Cocktail Scene with the ‘Cini Tini'
Papa Johns Canada teams up with Aviation American Gin to shake up National Happy Hour Day – unveiling a pepperoncini gin martini – the ‘Cini Tini.
Neutral
Business Wire
1 month ago
Papa Johns and Aviation American Gin are Spicing Up the Cocktail Scene With the ‘Cini Tini'
ATLANTA--(BUSINESS WIRE)--Papa Johns teams up with Aviation American Gin to shake up National Happy Hour Day – unveiling a pepperoncini gin martini – the ‘Cini Tini. The ‘Cini Tini is more than just a cocktail – it's a curated experience that captures the essence of both Papa Johns and Aviation American Gin. Set to spice up a cozy fall night in by combining the tangy kick of Papa Johns iconic pepperoncini with the smooth, crisp, botanical notes of Aviation American Gin. “The pepperoncini is an.
Neutral
Seeking Alpha
1 month ago
Papa John's International, Inc. (PZZA) Q3 2024 Earnings Call Transcript
Papa John's International, Inc. (NASDAQ:PZZA ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Stacy Frole - Vice President, Investor Relations Todd Penegor - President and Chief Executive Officer Ravi Thanawala - Chief Financial Officer and Executive Vice President, International Conference Call Participants Eric Gonzalez - KeyBanc Capital Markets Brian Bittner - Oppenheimer Andrew Strelzik - BMO Capital Markets Chris O'Coll - Stifel Financial Group Sarah Senatori - Bank of America Peter Saleh - BCIG Brian Mullen - Piper Sandler Dennis Geiger - UBS Jim Salera - Stephens Inc Jim Sanderson - Northcoast Research Operator Thank you for standing by and welcome to Papa John's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Negative
Zacks Investment Research
1 month ago
Papa John's Q3 Earnings & Revenues Beat, Both Dip Y/Y, Comps Decline
PZZA's third-quarter fiscal 2024 results reflect a challenging consumer environment, attributed to lower sales volume.
Positive
Zacks Investment Research
1 month ago
Papa John's (PZZA) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Papa John's (PZZA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Papa John's (PZZA) Surpasses Q3 Earnings and Revenue Estimates
Papa John's (PZZA) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.53 per share a year ago.
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