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Recommendations
Papa John's price target lowered to $95 from $109 at Wedbush » 07:17
10/03/22
10/03
07:17
10/03/22
07:17
PZZA

Papa John's

$70.04 /

-1.77 (-2.46%)

Wedbush analyst Nick…

Wedbush analyst Nick Setyan lowered the firm's price target on Papa John's to $95 from $109 and keeps an Outperform rating on the shares. The analyst notes his Q3 checks indicate same-store sales growth trending largely in-line with consensus of 1%. Given that the U.K. accounts for 20% of total international sales, and incremental macro headwinds across many of Papa John's other international markets are likely to accelerate into the winter, Setyan sees little reason to expect an improving international same-store sales growth trajectory versus Q2's. He conservatively lowers his 2023 operating margin estimate to 7.8% from 8.2%, driven entirely by lower international royalty revenues and no change to his 2023 G&A estimate.

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PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

10/03/22 Deutsche Bank
Papa John's price target lowered to $82 from $94 at Deutsche Bank
09/30/22 KeyBanc
Papa John's price target lowered to $90 from $105 at KeyBanc
09/22/22 Stephens
Papa John's initiated with an Overweight at Stephens
09/20/22 Stifel
Papa John's price target lowered to $100 from $120 at Stifel
PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

Recommendations
Papa John's price target lowered to $82 from $94 at Deutsche Bank » 07:13
10/03/22
10/03
07:13
10/03/22
07:13
PZZA

Papa John's

$70.04 /

-1.77 (-2.46%)

Deutsche Bank analyst…

Deutsche Bank analyst Brian Mullan lowered the firm's price target on Papa John's to $82 from $94 and keeps a Hold rating on the shares ahead of the Q3 results. The analyst believes investors are currently expecting a comp in the negative low-single-digit percentage range, which compares to current consensus of up 1.0% and management's guidance-like commentary that comps would remain in positive territory in the second half of the year.

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PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

09/30/22 KeyBanc
Papa John's price target lowered to $90 from $105 at KeyBanc
09/22/22 Stephens
Papa John's initiated with an Overweight at Stephens
09/20/22 Stifel
Papa John's price target lowered to $100 from $120 at Stifel
09/07/22 Loop Capital
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital
PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

PZZA Papa John's
$70.04 /

-1.77 (-2.46%)

Friday
Recommendations
Papa John's price target lowered to $90 from $105 at KeyBanc » 06:03
09/30/22
09/30
06:03
09/30/22
06:03
PZZA

Papa John's

$71.78 /

-3.34 (-4.45%)

KeyBanc analyst Eric…

KeyBanc analyst Eric Gonzalez lowered the firm's price target on Papa John's to $90 from $105 and keeps an Overweight rating on the shares, reflecting the weaker than expected environment. Based on the firm's industry conversations, Gonzalez expects the company to report a low single digit same-store sales decline for Q3 in North America and a slightly larger SSS decline in the International Segment relative to prior expectations, the analyst tells investors in a research note.

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PZZA Papa John's
$71.78 /

-3.34 (-4.45%)

PZZA Papa John's
$71.78 /

-3.34 (-4.45%)

09/22/22 Stephens
Papa John's initiated with an Overweight at Stephens
09/20/22 Stifel
Papa John's price target lowered to $100 from $120 at Stifel
09/07/22 Loop Capital
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital
08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
PZZA Papa John's
$71.78 /

-3.34 (-4.45%)

PZZA Papa John's
$71.78 /

-3.34 (-4.45%)

Wednesday
Hot Stocks
Papa John's expanding 'Dough & Degrees' program to all U.S. employees » 10:25
09/28/22
09/28
10:25
09/28/22
10:25
PZZA

Papa John's

$75.67 /

+0.34 (+0.45%)

Papa John's…

Papa John's announced the pizza company is expanding free college to all U.S. employees, including part-time staff who work as little as 10 hours a week. The company said: "Team members who work as few as 10 hours per week and have been employed for only 60 days at stores owned by Papa Johns can now earn a degree at no cost. More than 80% of Dough & Degrees students are working on the frontline in Papa Johns restaurants, and more than 60 Papa Johns team members have earned associate's, bachelor's and master's degrees at no cost to them since Dough & Degrees launched in 2019. Many Dough & Degrees graduates are now applying their education in new roles across Papa Johns in departments such as Operations Excellence, Marketing and Supply Chain. Team members can also benefit from a newly expanded range of learning programs available through Dough & Degrees, providing new opportunities for all eligible team members, no matter when their formal education ended or what course of study they wish to pursue." "At Papa Johns, 'People First' is one of our core values. That means helping our team members meet a broad range of needs - including equipping them for their future," said Marvin Boakye, Papa John's Chief People and Diversity Officer.

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PZZA Papa John's
$75.67 /

+0.34 (+0.45%)

PZZA Papa John's
$75.67 /

+0.34 (+0.45%)

09/22/22 Stephens
Papa John's initiated with an Overweight at Stephens
09/20/22 Stifel
Papa John's price target lowered to $100 from $120 at Stifel
09/07/22 Loop Capital
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital
08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
PZZA Papa John's
$75.67 /

+0.34 (+0.45%)

PZZA Papa John's
$75.67 /

+0.34 (+0.45%)

Over a week ago
Initiation
Papa John's initiated with an Overweight at Stephens » 16:21
09/22/22
09/22
16:21
09/22/22
16:21
PZZA

Papa John's

/

+

Stephens analyst Joshua…

Stephens analyst Joshua Long initiated coverage of Papa John's with an Overweight rating and $100 price target. The company has guided to 6%-8% unit growth through FY25 and he expects international store growth potential to "remain a highlight in the Papa John's story," Long tells investors. He also believes ongoing menu innovation efforts position the brand to deliver relatively steady and growing low-single digit percentage comp growth domestically.

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PZZA Papa John's
/

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PZZA Papa John's
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09/20/22 Stifel
Papa John's price target lowered to $100 from $120 at Stifel
09/07/22 Loop Capital
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital
08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
PZZA Papa John's
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PZZA Papa John's
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Recommendations
Papa John's price target lowered to $100 from $120 at Stifel » 06:45
09/20/22
09/20
06:45
09/20/22
06:45
PZZA

Papa John's

$76.77 /

-2.24 (-2.84%)

Stifel analyst Chris…

Stifel analyst Chris O'Cull lowered the firm's price target on Papa John's to $100 from $120 and keeps a Buy rating on the shares. His checks point to the pizza category struggling with transactions despite a more intense promotional backdrop and he believes quick-service pizza may report the weakest SRS performance of any restaurant category during Q3, O'Cull tells investors. He has lowered his Q3 same-restaurant sales projection for Papa John's to down 4% from flat, O'Cull noted.

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PZZA Papa John's
$76.77 /

-2.24 (-2.84%)

PZZA Papa John's
$76.77 /

-2.24 (-2.84%)

09/07/22 Loop Capital
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital
08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
07/18/22 Deutsche Bank
Papa John's price target lowered to $92 from $109 at Deutsche Bank
PZZA Papa John's
$76.77 /

-2.24 (-2.84%)

PZZA Papa John's
$76.77 /

-2.24 (-2.84%)

Recommendations
Franchisee checks at Papa John's see comps ahead of estimates, says Loop Capital » 09:25
09/07/22
09/07
09:25
09/07/22
09:25
PZZA

Papa John's

$79.89 /

+0.66 (+0.83%)

Loop Capital analyst…

Loop Capital analyst Alton Stump keeps his Buy rating and $153 price target on Papa John's. The analyst states that U.S. franchisee checks suggest that the company's Q3 same-store sales growth of about 3.5%-4.0% is tracking ahead of his expected 3.0% and consensus of 1.8%. Stump adds that the 3.5%-4.0% growth equates to a gain of 34.6%-35.1%, which is up 50-100 bps from Papa John's reported 3-year stacks from North American franchised stores of 34.1% in Q2.

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PZZA Papa John's
$79.89 /

+0.66 (+0.83%)

PZZA Papa John's
$79.89 /

+0.66 (+0.83%)

08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
07/18/22 Deutsche Bank
Papa John's price target lowered to $92 from $109 at Deutsche Bank
07/08/22 Wedbush
Wedbush sees Dine Brands, Wingsstop, Wendy's as Best Ideas in restaurants
PZZA Papa John's
$79.89 /

+0.66 (+0.83%)

PZZA Papa John's
$79.89 /

+0.66 (+0.83%)

Over a month ago
Hot Stocks
Papa John's announces new Papa Bowls » 07:47
08/22/22
08/22
07:47
08/22/22
07:47
PZZA

Papa John's

$88.22 /

-3.93 (-4.26%)

Papa Johns Canada…

Papa Johns Canada unveiled a new menu category that features their fan-favourite toppings in a bowl. The new Papa Bowls are available in three flavours: Italian Meats Trio, Chicken Alfredo, and Garden Veggie. Consumers can also build their own using their favorite Papa Johns ingredients.

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PZZA Papa John's
$88.22 /

-3.93 (-4.26%)

PZZA Papa John's
$88.22 /

-3.93 (-4.26%)

08/17/22 BTIG
Papa John's price target raised to $130 from $125 at BTIG
07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
07/18/22 Deutsche Bank
Papa John's price target lowered to $92 from $109 at Deutsche Bank
07/08/22 Wedbush
Wedbush sees Dine Brands, Wingsstop, Wendy's as Best Ideas in restaurants
PZZA Papa John's
$88.22 /

-3.93 (-4.26%)

PZZA Papa John's
$88.22 /

-3.93 (-4.26%)

Recommendations
Papa John's price target raised to $130 from $125 at BTIG » 07:16
08/17/22
08/17
07:16
08/17/22
07:16
PZZA

Papa John's

$93.44 /

-2.675 (-2.78%)

BTIG analyst Peter Saleh…

BTIG analyst Peter Saleh raised the firm's price target on Papa John's to $130 from $125 and keeps a Buy rating on the shares after meeting with its management team. The discussion has left him confident that the company has the right strategy in place to differentiate the brand amid slower industry sales, improve franchise unit economics and accelerate development next year to the highest level in a decade, the analyst tells investors in a research note. Saleh further states that he sees the worst of commodity inflation being in the rearview, with cheese and wheat prices beginning to moderate in recent weeks.

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PZZA Papa John's
$93.44 /

-2.675 (-2.78%)

PZZA Papa John's
$93.44 /

-2.675 (-2.78%)

07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
07/18/22 Deutsche Bank
Papa John's price target lowered to $92 from $109 at Deutsche Bank
07/08/22 Wedbush
Wedbush sees Dine Brands, Wingsstop, Wendy's as Best Ideas in restaurants
06/30/22 KeyBanc
Papa John's price target lowered to $110 from $120 at KeyBanc
PZZA Papa John's
$93.44 /

-2.675 (-2.78%)

  • 20
    Aug
PZZA Papa John's
$93.44 /

-2.675 (-2.78%)

Conference/Events
Papa John's management to meet virtually with BTIG » 04:55
08/15/22
08/15
04:55
08/15/22
04:55
PZZA

Papa John's

$92.80 /

+2.63 (+2.92%)

Restaurants Analyst Saleh…

Restaurants Analyst Saleh holds a virtual meeting with management on August 15 hosted by BTIG.

ShowHide Related Items >><<
PZZA Papa John's
$92.80 /

+2.63 (+2.92%)

PZZA Papa John's
$92.80 /

+2.63 (+2.92%)

07/21/22 OTR Global
Papa John's view downgraded to Mixed from Positive at OTR Global
07/18/22 Deutsche Bank
Papa John's price target lowered to $92 from $109 at Deutsche Bank
07/08/22 Wedbush
Wedbush sees Dine Brands, Wingsstop, Wendy's as Best Ideas in restaurants
06/30/22 KeyBanc
Papa John's price target lowered to $110 from $120 at KeyBanc
PZZA Papa John's
$92.80 /

+2.63 (+2.92%)

  • 20
    Aug
PZZA Papa John's
$92.80 /

+2.63 (+2.92%)

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