PZZA stock icon

Papa John's
PZZA

$47.21
2.36%
 

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 6,702 funds
0
Analysts bullish %
of 19 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

28% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 82

17% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 41

3% more funds holding

Funds holding: 265 [Q4 2023] → 272 (+7) [Q1 2024]

3.38% less ownership

Funds ownership: 114.54% [Q4 2023] → 111.16% (-3.38%) [Q1 2024]

15% less capital invested

Capital invested by funds: $2.86B [Q4 2023] → $2.43B (-$434M) [Q1 2024]

85% less call options, than puts

Call options by funds: $45.6M | Put options by funds: $299M

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$58
23%
upside
Avg. target
$76
60%
upside
High target
$90
91%
upside

19 analyst ratings

16 positive
84%
neutral
11%
negative
5%
Stephens & Co.
Jim Salera
59%upside
$75
Overweight
Reiterated
23 May 2024
Loop Capital
Alton Stump
91%upside
$90
Buy
Maintained
10 May 2024
Stephens & Co.
Jim Salera
59%upside
$75
Overweight
Reiterated
10 May 2024
Keybanc
Eric Gonzalez
36%upside
$64
Overweight
Maintained
10 May 2024
Deutsche Bank
Lauren Silberman
23%upside
$58
Hold
Maintained
10 May 2024

Financial journalist opinion

Based on 3 articles about PZZA published over the past 30 days