Stifel Nicolaus analyst Christopher O`Cull maintained a Buy rating on Papa John's International (NASDAQ:PZZA) on Monday, setting a price target of $165, which is approximately 32.75% above the present share price of $124.29.
O`Cull expects Papa John's International to post earnings per share (EPS) of $0.80 for the fourth quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Papa John's International, with an average price target of $148.36.
The analysts price targets range from a high of $165 to a low of $135.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $512.78 million and a net profit of $40.73 million. The company's market cap is $4.52 billion.
According to TipRanks.com, Stifel Nicolaus analyst Christopher O`Cull is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.5% and a 66.52% success rate.
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.