Papa JohnS International (PZZA) : 4 analysts are covering Papa JohnS International (PZZA) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Papa JohnS International (PZZA) : Currently there are 3 street experts covering Papa JohnS International (PZZA) stock. The most bullish and bearish price target for the stock is $80 and $58 respectively for the short term. The average price target of all the analysts comes to $65.33. The estimated standard deviation from the target is $12.7.
For the current week, the company shares have a recommendation consensus of Buy.
Papa JohnS International (NASDAQ:PZZA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.35 and $73.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.38, notching a gain of 4.55% for the day. The total traded volume was 913,908 . The stock had closed at $74.01 on the previous day.
Papa Johns International, Inc. (Papa Johns) operates and franchises pizza delivery and carryout restaurants. The Company operates these restaurants in international markets, dine-in and delivery restaurants under the trademark Papa Johns. Papa Johns operates in five segments: domestic Company-owned restaurants, domestic commissaries, North America franchising, international operations, and all other business units. North America is defined as the United States and Canada. Domestic is defined as the contiguous United States. International franchisees are defined as all franchise operations outside of the United States and Canada. The Company owns full-service international QC Centers in the United Kingdom, Mexico City, Mexico and Beijing, China. Its other international QC Centers are licensed to franchisees or non-franchisee third parties and are located in the markets where the Companys franchisees have restaurants.