News Worms
News Worms

Papa John's looks to learn from ecommerce

Papa John's looks to learn from ecommerce

Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John's. (NASDAQ:PZZA) announced a quarterly dividend on Thursday, July 27th, RTT News reports. Papa John's worldwide now has a consensus rating of "Hold" and an average target price of $89.17. PZZA was included in 11 notes of analysts from August 10, 2015. Zacks Investment Research upgraded Papa John's global from a "strong sell" rating to a "hold" rating in a research report on Friday, July 7th. BidaskClub lowered Papa John's worldwide from a "sell" rating to a "strong sell" rating in a report on Friday, June 30th.

06/26/2017 - Papa John's International Inc. had its "overweight" rating reiterated by analysts at Stephens.

Papa John's International (NASDAQ PZZA) traded down 0.51% during mid-day trading on Wednesday, hitting $77.37.

Papa John's global has a beta of 0.52, suggesting that its share price is 48% less volatile than the S&P 500. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company's stock. The company has an average rating of "Hold" and an average price target of $89.17.

Now insiders hold 10,568,868 shares in the business which makes up 28.75% of shares. The share price has moved forward from its 20 days moving average, trading at a distance of 4.9% and stays 1.89% away from its 50 days moving average. Greenlight Capital Re, Ltd. (GLRE) has risen 0.81% since August 2, 2016 and is uptrending.

Investors bid up shares of Louisville-based Papa John's global on Wednesday after the Louisville-based company announced it would increase debt to fund $500 million in stock buy-backs over the next year to 18 months. The company is expected to report EPS as high as $0.65 and as low as $0.57 per share. The company had revenue of $449.27 million for the quarter, compared to the consensus estimate of $435.47 million.

Net income rose to $23.5 million, or 65 cents per share, up from $22.5 million, or 61 cents per share, in the year prior. On average, equities research analysts expect that Papa John's International, Inc. will post $2.86 EPS for the current year. That's a potential 15.91 increase relative to where Papa John's International, Inc. "(PZZA) Stock Rating Reaffirmed by Jefferies Group LLC" was posted by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and global copyright & trademark law. The legal version of this story can be read at Shareholders of record on Monday, August 7th will be given a $0.225 dividend. The ex-dividend date is Thursday the 4th of May 2017. Its up 0.28, from 1.12 in 2016Q3. Papa John's worldwide pays out 28.3% of its earnings in the form of a dividend. Louisiana State Employees Retirement System boosted its position in shares of Papa John's worldwide by 1.5% in the first quarter.

Papa John's worldwide pays an annual dividend of $0.80 per share and has a dividend yield of 1.1%. The stock was sold at an average price of $80.00, for a total value of $831,680.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Tucker Lance F. had sold 4,051 shares worth $333,780. Following the sale, the senior vice president now owns 36,020 shares of the company's stock, valued at $2,946,075.80. The disclosure for this sale can be found here. The Company's divisions include Upstream, Downstream, and Corporation and others.

A number of hedge funds have recently made changes to their positions in the stock. More interesting news about Papa John's Int'l, Inc. Glen Harbor Capital Management LLC boosted its position in Papa John's worldwide by 20.4% in the first quarter. Macquarie Group Ltd. acquired a new position in shares of Papa John's worldwide during the fourth quarter worth $270,000. Fifth Third Bancorp now owns 2,112 shares of the company's stock valued at $169,000 after buying an additional 215 shares during the period. Geode Capital Management LLC owned approximately 0.61% of Papa John's worldwide worth $17,966,000 as of its most recent filing with the SEC.

Stock of Integrated Device Technology, Inc. Norges Bank bought a new position in Papa John's global during the fourth quarter worth $19,911,000. These holdings make up 77.97% of the company's outstanding shares.

"Unfortunately the restaurants were not able to meet the joint expectations of Papa John's and the franchisee of the India market", Ritchie said. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, worldwide operations and all other business units.


editors' picks

August 04, 2017
Sylvester Stallone will play himself on This Is Us
She reveals that someone in every marriage has to push for the big decisions in one of the show's now trademark emotional scenes. The movie will feature Kevin as a young soldier and will be directed by Ron Howard in the show, according to Deadline .

August 04, 2017
Weather Officials Issue Flash Flood Watch Due To Potential Rains
The NWS attributed the high heat to an upper-level high-pressure system over Northern California and Nevada. A 20 percent chance of showers and thunderstorms prevails in Pasadena Thursday especially after 11 a.m.

August 04, 2017
South Africa's jailed athlete Pistorius taken to hospital
The double-amputee Olympic sprinter fired at Steenkamp through a closed toilet door in his Pretoria home on February 14, 2013. The corrections service also played down earlier media reports that Pistorius had been suffering from "chest pains".

August 04, 2017
Venezuela prosecutor tries anew to stop assembly
Britain's Foreign Office is advising against all but essential travel to much of Venezuela amid fears of civil unrest . The attorney general said Wednesday she has two prosecutors investigating top elections officials in the country.

August 04, 2017
Mark Zuckerberg hires former Hillary Clinton pollster
Facebook CEO Mark Zuckerberg has reportedly hired Democratic pollster Joel Benenson , reports Politico . Earlier this year, the philanthropy also hired a senator's former communications adviser Amy Dudley.

August 04, 2017
#RajyaSabhaElections: Gujarat Congress challenges NOTA rule in Supreme Court
The NOTA option was first enforced in January 2014 after a 2013 Supreme Court order made it mandatory to have the option in EVMs. The resort where the Gujarat MLAs are staying falls in his brother, DK Suresh's parliamentary constituency, Bengaluru Rural.

August 04, 2017
Aamir Khan wishes Jab Harry Met Sejal team ahead of release tomorrow
Shah Rukh and Anushka released the films new song Phurrr , for which DJ Diplo collaborated with music composer Pritam . Is that even a question? Produced by Red Chillies Entertainment, the film is slated to release on the August 04, 2017.

August 04, 2017
Usain Bolt prepares for his final hurrah at World Athletics Championships
Over the past nine years, Bolt has won eight Olympic gold medals and 11 world titles. I know it's your last race we are going to miss you a lot on the track.

August 03, 2017
Ian McShane Joins The 'Hellboy' Reboot
Co-written by Andrew Cosby , Christopher Golden and Mignola, Hellboy: Rise of the Blood Queen doesn't yet have a release date. If there was any actor more adequately equipped to take on the role after Hurt, however, then it would definitely be McShane .

August 03, 2017
Florida reports 1st sexually transmitted Zika case in 2017
Health officials stressed there is no evidence that mosquitoes are transmitting Zika anywhere in the state. Florida health officials have confirmed the first sexually transmitted Zika case of 2017 in the state.