Papa John’s International, Inc (NASDAQ:PZZA) traded at $51.08 at close of the session on Tuesday, February 18 and made an upward move of 4.16% on its previous day’s price.
Papa John’s International, Inc has a market cap of $1.67 billion and is expected to release its quarterly earnings report in March. With its Forward Dividend at 1.84 and a yield of 3.60%, the company’s investors could be anxious for the PZZA stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 519.71M, with a low of 499.43M and a high of 562M. The median projection represents growth adding up to -9.03% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2.05B, or -4.11% down from figures reported last year.
On the other hand, looking at the outlook for the PZZA stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 12 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Papa John’s International, Inc (PZZA) stock as a Hold, while 7 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 24.42% off its SMA20 and 22.94% from its 50-day simple moving average. The RSI (14) is pointing at 72.74 while the volatility over the past week is 11.57% and jumps to 5.75% over the past one month. The beta value is 1.19, while the average true range (ATR) is currently pointing at 2.66. The average price target for the stock over the next 12 months is $55, with the estimates having a low of $45 and a high of $71. These price ends are 11.9% and -39.0% off the current price level respectively, although investors could be excited at the prospect of a -7.67% if the PZZA share price touches on the median price of $55.
