Blurbs

Papa John’s International (PZZA) Receives a Buy from BTIG

BTIG analyst Peter Saleh reiterated a Buy rating on Papa John’s International (PZZAResearch Report) yesterday and set a price target of $125.00. The company’s shares closed last Thursday at $93.89.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 12.7% and a 59.7% success rate. Saleh covers the Services sector, focusing on stocks such as BurgerFi International, Texas Roadhouse, and Domino’s Pizza.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Papa John’s International with a $113.92 average price target, implying a 18.8% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $120.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Papa John’s International’s market cap is currently $3.46B and has a P/E ratio of -174.05.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations. The Domestic Company-Owned Restaurants segment consists of the operations of all domestic company-owned restaurants and derives its revenues principally from retail sales of pizza and side items, including breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned or bottled beverages. The North America Commissaries segment consists of the operations of regional dough production and product distribution centers and derives its revenues principally from the sale and distribution of food and paper products to domestic company-owned and franchised restaurants in the United States and Canada. The North America Franchising segment consists of franchise sales and support activities and derives its revenues from sales of franchise and development rights and collection of royalties from franchisees located in the United States and Canada. The International Operations segment principally consists of distribution sales to franchised Papa John’s restaurants located in the United Kingdom and franchise sales and support activities, which derive revenues from sales of franchise and development rights and the collection of royalties from international franchisees. The company was founded by John H. Schnatter in 1984 and is headquartered in Louisville, KY.

Read More on PZZA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos