On Nov 09, major Wall Street analysts update their ratings for $Papa John's (PZZA.US)$, with price targets ranging from $56 to $73.
UBS analyst Dennis Geiger maintains with a hold rating, and adjusts the target price from $47 to $56.
Loop Capital analyst Alton Stump maintains with a buy rating, and adjusts the target price from $76 to $73.
Oppenheimer analyst Brian Bittner maintains with a hold rating.
KeyBanc analyst Eric Gonzalez maintains with a buy rating, and adjusts the target price from $50 to $62.
Wedbush analyst Nick Setyan maintains with a buy rating, and adjusts the target price from $51 to $60.
Furthermore, according to the comprehensive report, the opinions of $Papa John's (PZZA.US)$'s main analysts recently are as follows:
Papa John's Q3 results have shown ongoing pressures on same-store sales, with the earnings call focusing on strategic initiatives aimed at enhancing outcomes through 2025. It is suggested that for potential upside, there needs to be an uplift in same-store sales growth along with clearer insight into unit expansion.
Papa John's has exhibited an in-line performance for Q3 earnings, complemented by a moderate recovery in both domestic and international same-store sales (SSS) during October. It is anticipated that SSS growth and earnings have potential for improvement going forward.
Here are the latest investment ratings and price targets for $Papa John's (PZZA.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
