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Papa John’s International, Inc. (PZZA) Volatility At 2.82%, Should You Add A Position?

Papa John’s International, Inc. (NASDAQ: PZZA) is -32.93% lower on its value in year-to-date trading and has touched a low of $39.90 and a high of $78.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PZZA stock was last observed hovering at around $49.64 in the last trading session, with the day’s gains setting it 1.48%.

Currently trading at $51.12, the stock is 3.74% and 10.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 2.99% at the moment leaves the stock -12.99% off its SMA200. PZZA registered -24.25% loss for a year compared to 6-month loss of -22.84%. The firm has a 50-day simple moving average (SMA 50) of $46.3012 and a 200-day simple moving average (SMA200) of $58.66505.

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The stock witnessed a 6.13% gain in the last 1 month and extending the period to 3 months gives it a 9.71%, and is -1.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 3.42% over the month.

Papa John’s International, Inc. (PZZA) has around 13200 employees, a market worth around $1.67B and $2.12B in sales. Current P/E ratio is 24.39 and Fwd P/E is 19.89. Profit margin for the company is 3.25%. Distance from 52-week low is 28.13% and -35.01% from its 52-week high. The company has generated returns on investments over the last 12 months (14.83%).

The EPS is expected to shrink by -16.00% this year

335.0 institutions hold shares in Papa John’s International, Inc. (PZZA), with institutional investors hold 125.90% of the company’s shares. The shares outstanding are 32.49M, and float is at 32.08M with Short Float at 16.33%. Institutions hold 123.91% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 5.16 million shares valued at $242.48 million. The investor’s holdings represent 15.811 of the PZZA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.85 million shares valued at $180.71 million to account for 11.7831 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 3.02 million shares representing 9.2485 and valued at over $141.84 million, while EARNEST PARTNERS LLC holds 6.6504 of the shares totaling 2.17 million with a market value of $101.99 million.

Papa John’s International, Inc. (PZZA) Insider Activity

The most recent transaction is an insider purchase by Coleman Christopher L., the company’s Director. SEC filings show that Coleman Christopher L. bought 2,250 shares of the company’s common stock on Aug 14 ’24 at a price of $44.75 per share for a total of $0.1 million. Following the purchase, the insider now owns 35069.0 shares.

Papa John’s International, Inc. disclosed in a document filed with the SEC on May 14 ’24 that Thanawala Ravi (Interim CEO, and CFO) bought a total of 1,900 shares of the company’s common stock. The trade occurred on May 14 ’24 and was made at $52.41 per share for $99579.0. Following the transaction, the insider now directly holds 38920.0 shares of the PZZA stock.

Still, SEC filings show that on Mar 07 ’24, KOELLNER LAURETTE T (Director) disposed off 2,886 shares at an average price of $70.21 for $0.2 million. The insider now directly holds 18,804 shares of Papa John’s International, Inc. (PZZA).

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