Papa John's International, Inc. (PZZA, Financial) experienced a significant stock price drop of 5.08%, with shares trading at $40.18. The trading volume reached 645,137 shares, reflecting a turnover rate of 1.98% and a price fluctuation of 5.07%.
Recent financial reports reveal Papa John's generated $507 million in revenue, with a net profit of $41.81 million, translating to an earnings per share (EPS) of $1.28. The company's gross profit stood at $78.78 million, and it holds a price-to-earnings (P/E) ratio of 13.95.
In terms of institutional ratings, 47% of the 19 analysts covering the stock recommend a buy, while 53% suggest holding. No analysts have issued a sell rating.
Within the restaurant industry, the overall decline was 0.84%. Notable gainers included BT Brands, Inc., Champs International, and Noodles & Company. Active stocks in the sector were Champs International, Dine Brands Global Inc, and Shake Shack, Inc., with turnover rates of 7.70%, 4.14%, and 2.44%, respectively. Stocks with significant price swings included Ark Restaurants Corp., Champs International, and Pinstripes Holdings, Inc., with fluctuations of 13.94%, 9.86%, and 9.64% respectively.
Papa John's operates thousands of pizza delivery and carryout restaurants worldwide. In North America, franchisees manage over half of the company's restaurants, paying a 5% royalty fee. The company operates in four segments: domestic company-owned restaurants, North American franchising, North American commissaries, and international operations. The majority of its revenue is derived from the U.S.
