Papa John’s International, Inc. [PZZA] stock Upgrade by Stifel analyst, price target now $60

MDB

Papa John’s International, Inc. [NASDAQ: PZZA] jumped around 0.74 points on Thursday, while shares priced at $43.23 at the close of the session, up 1.74%.

Compared to the average trading volume of 1.25M shares, PZZA reached a trading volume of 3340629 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

What do top market gurus say about Papa John’s International, Inc. [PZZA]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PZZA shares is $61.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PZZA stock is a recommendation set at 1.95. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for Papa John’s International, Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 22, 2024. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on April 12, 2024, representing the official price target for Papa John’s International, Inc. stock.

The Average True Range (ATR) for Papa John’s International, Inc. is set at 1.74, with the Price to Sales ratio for PZZA stock in the period of the last 12 months amounting to 0.67. Price to Free Cash Flow for PZZA in the course of the last twelve months was 15.33 with Quick ratio for the last quarter at 0.66.

How has PZZA stock performed recently?

Papa John’s International, Inc. [PZZA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.79. With this latest performance, PZZA shares gained by 2.64% in over the last four-week period, additionally sinking by -41.34% over the last 6 months – not to mention a drop of -47.13% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PZZA stock in for the last two-week period is set at 49.02, with the RSI for the last a single of trading hit 52.77, and the three-weeks RSI is set at 45.77 for Papa John’s International, Inc. [PZZA]. The present Moving Average for the last 50 days of trading for this stock 44.90, while it was recorded at 42.56 for the last single week of trading, and 61.77 for the last 200 days.

Papa John’s International, Inc. [PZZA]: Deeper insight into the fundamentals

Papa John’s International, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.66 and a Current Ratio set at 0.80.

Earnings analysis for Papa John’s International, Inc. [PZZA]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PZZA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Papa John’s International, Inc. go to 6.71%.

Insider trade positions for Papa John’s International, Inc. [PZZA]

The top three institutional holders of PZZA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PZZA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PZZA stock with ownership which is approximately 5.1238%.