Papa John's Int'l, Inc. (NASDAQ:PZZA) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 24,583 put options on the company. This is an increase of approximately 1,243% compared to the typical volume of 1,830 put options.
Papa John's Int'l (PZZA) opened at $57.74 on Thursday. The company has a market cap of $1,890.22, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 1.53 and a beta of 0.54. The company has a quick ratio of 1.01, a current ratio of 1.21 and a debt-to-equity ratio of -8.26. Papa John's Int'l has a 1-year low of $54.00 and a 1-year high of $85.20.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend was Friday, February 9th. Papa John's Int'l’s dividend payout ratio is presently 31.03%.
A number of research firms have recently weighed in on PZZA. Zacks Investment Research raised shares of Papa John's Int'l from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. BTIG Research downgraded shares of Papa John's Int'l from a “buy” rating to a “neutral” rating in a report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $60.00 price objective on shares of Papa John's Int'l in a report on Friday, November 3rd. BidaskClub downgraded shares of Papa John's Int'l from a “sell” rating to a “strong sell” rating in a report on Thursday, February 8th. Finally, Nomura reaffirmed a “hold” rating and issued a $58.00 price objective on shares of Papa John's Int'l in a report on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. Papa John's Int'l currently has a consensus rating of “Hold” and an average price target of $76.60.
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About Papa John's Int'l
Papa John’s International, Inc (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units.
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