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 6,790 funds
0
Analysts bullish %
of 5 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] → $2.24B (+$347M) [Q3]
11% more funds holding
Funds holding: 240 [Q2] → 266 (+26) [Q3]
5.18% more ownership
Funds ownership: 122.42% [Q2] → 127.6% (+5.18%) [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: $287M | Put options by funds: $303M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$56
12%
upside
Avg. target
$62
23%
upside
High target
$71
42%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
UBS Dennis Geiger 73% 1-year accuracy 8 / 11 met price target | 12%upside $56 | Neutral Maintained | 8 Nov 2024 |
Wedbush Nick Setyan 61% 1-year accuracy 40 / 66 met price target | 20%upside $60 | Outperform Reiterated | 8 Nov 2024 |
Stephens & Co. Jim Salera 52% 1-year accuracy 13 / 25 met price target | 24%upside $62 | Overweight Reiterated | 7 Nov 2024 |
Wedbush Nick Setyan 61% 1-year accuracy 40 / 66 met price target | 20%upside $60 | Outperform Maintained | 1 Nov 2024 |
B of A Securities Sara Senatore 61% 1-year accuracy 17 / 28 met price target | 42%upside $71 | Buy Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 12 articles about PZZA published over the past 30 days
Positive
Zacks Investment Research
6 days 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
2 weeks 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
3 weeks 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
3 weeks 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
3 weeks 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
4 weeks 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
4 weeks 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
4 weeks 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.
Neutral
Market Watch
4 weeks ago
Papa John's stock zigzags after revenue tops estimates while profit matches
Pizza chain says it's still operating in a challenging consumer environment.
Neutral
Business Wire
4 weeks ago
Papa Johns Announces Jenna Bromberg as Chief Marketing Officer
ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns®”) today announced the appointment of Jenna Bromberg to Chief Marketing Officer, effective Nov. 14. A recognized industry expert known for transformative brand campaigns and deep consumer insights, Bromberg brings a unique blend of quick-service restaurant and modern retail marketing expertise to the role. “Jenna's track record of building strong brands and driving innovative marketing campaigns makes her the.
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