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Papa John's International Inc Stock Research

PZZA

80.35USD+2.34(+3.00%)Market Closed

Market Summary

USD80.35+2.34
Market Closed
3.00%

PZZA Stock Price

PZZA RSI Chart

PZZA Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

41.14

Price/Sales (Trailing)

1.33

Price/Free Cashflow

70.73

PZZA Price/Sales (Trailing)

PZZA Profitability

Return on Assets

7.84%

Free Cashflow Yield

1.41%

PZZA Fundamentals

PZZA Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

-0.5%

Revenue Q/Q

3.08%

PZZA Earnings

Earnings (TTM)

67.8M

Earnings Y/Y

-4.5%

Earnings Q/Q

182.25%

Price Action

52 Week Range

66.38106.98
(Low)(High)

Last 7 days

-3.0%

Last 30 days

-13.7%

Last 90 days

-5.1%

Trailing 12 Months

-17.3%

PZZA Financial Health

Current Ratio

0.95

PZZA Investor Care

Dividend Yield

1.92%

Dividend/Share (TTM)

1.54

Buy Backs (1Y)

3.54%

Diluted EPS (TTM)

1.89

Peers (Alternatives to Papa John International)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.7B
23.2B
0.05% 16.44%
31.69
8.44
-0.17% -18.13%
114.1B
32.9B
-8.46% 21.74%
34.36
3.47
8.41% -24.41%
44.2B
8.6B
-1.45% 6.51%
49.14
5.12
14.41% 37.69%
35.8B
6.8B
-4.07% 12.49%
27.03
5.23
3.92% -15.87%
18.0B
10.0B
-0.05% 22.19%
19.85
1.81
16.23% -1.35%
MID-CAP
8.7B
17.0B
-13.89% -5.83%
38.71
0.52
27.66% 584.49%
7.0B
4.0B
2.32% 33.62%
25.99
1.75
15.91% 10.00%
5.2B
357.5M
7.11% 60.53%
98.8
14.63
26.56% 24.12%
4.4B
2.1B
-8.69% -3.72%
24.86
2.1
10.46% -11.49%
2.2B
900.5M
-2.39% -11.52%
-90.43
2.42
21.70% -178.35%
SMALL-CAP
1.6B
1.7B
-22.36% -14.62%
13.28
0.94
61.79% 371.82%
686.3M
1.3B
-8.26% 9.24%
168.38
0.53
18.11% 213.03%
628.0M
422.2M
5.25% 31.31%
30.11
1.49
6.49% -30.89%
608.1M
456.4M
-11.70% -23.65%
8.14
1.33
14.63% -4.30%
546.7M
505.9M
0.65% -21.38%
14.16
1.08
17.88% -8.64%

Financials for Papa John International

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-0.1%2,1022,1052,1072,0992,068
  S&GA Expenses-2.5%217223219228212
Costs and Expenses0.0%1,9811,9821,9661,9521,900
EBITDA-85.00----
EBITDA Margin-0.04*----
EBT Margin-0.01*----
Interest Expenses2.9%27.0026.0019.00--
Net Income-1.6%68.0069.0090.0097.00120
Net Income Margin-1.5%0.03*0.03*0.04*0.05*-
Free Cahsflow589.6%39.00-8.0524.0075.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.2%864830836886886
  Current Assets4.8%251240240286255
    Cash Equivalents29.4%47.0037.0052.0081.0071.00
  Inventory-2.5%41.0042.0038.0039.0035.00
  Net PPE8.2%250231225216224
  Goodwill1.6%71.0069.0071.0072.0081.00
Liabilities4.3%1,1341,0871,0691,0891,053
  Current Liabilities0.5%265264250279287
    LT Debt, Non Current8.8%597549536528481
  Retained Earnings4.6%196187194181183
  Additional Paid-In Capital1.2%450445442436445
Accumulated Depreciation2.2%526515526--
Shares Outstanding-1.1%35.0035.0035.0036.0036.00
Minority Interest0.5%16.0016.0016.0016.0015.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations74.3%11868.00102147185
  Share Based Compensation-1.4%18.0019.0018.0017.0017.00
Cashflow From Investing-19.5%-62.79-52.55-56.57-65.53-63.51
Cashflow From Financing7.8%-76.24-82.68-88.33-171-180
  Dividend Payments4.1%55.0053.0051.0046.0040.00
  Buy Backs-14.9%12514714010472.00

Risks for PZZA

What is the probability of a big loss on PZZA?

92.3%


Probability that Papa John International stock will be more than 20% underwater in next one year

50.4%


Probability that Papa John International stock will be more than 30% underwater in next one year.

19.6%


Probability that Papa John International stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PZZA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Papa John International was unfortunately bought at previous high price.

Drawdowns

Returns for PZZA

Cumulative Returns on PZZA

11.7%


10-Year Cumulative Returns

6.7%


7-Year Cumulative Returns

7.9%


5-Year Cumulative Returns

18.8%


3-Year Cumulative Returns

What are the long-term rolling returns for PZZA?

FIve years rolling returns for Papa John International.

Annualized Returns

Which funds bought or sold PZZA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
48.96
447,057
1,041,060
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-23.25
-3,000
18,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
153,686
1,030,690
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
66,000
437,000
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-28.64
-572,000
2,724,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-14.78
1,330
275,330
-%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-35.97
-80,128
244,872
0.01%
2023-02-17
TRUIST FINANCIAL CORP
added
2.22
46,343
276,343
-%
2023-02-15
Steward Partners Investment Advisory, LLC
unchanged
-
1,173
6,173
-%
2023-02-15
Vestcor Inc
reduced
-66.22
-2,972,000
1,957,000
0.07%

1–10 of 47

Latest Funds Activity

Are funds buying PZZA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PZZA
No. of Funds

Papa John International News

Best Stocks

Alliancebernstein L.P. acquires shares of Papa John's International ....

Best Stocks,
29 hours ago

Stock Traders Daily

Zacks Investment Research

Proactive Investors USA

Schedule 13G FIlings of Papa John International

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 03, 2023
starboard value lp
1.7%
582,432
SC 13D/A
Feb 14, 2023
t. rowe price investment management, inc.
10.1%
3,574,293
SC 13G/A
Feb 09, 2023
vanguard group inc
8.67%
3,062,920
SC 13G/A
Jan 23, 2023
blackrock inc.
12.0%
4,232,941
SC 13G/A
Mar 10, 2022
price t rowe associates inc /md/
10.3%
3,721,456
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
9.9%
3,626,420
SC 13G/A
Feb 11, 2022
jackson square partners, llc
2.84%
1,033,384
SC 13G/A
Feb 10, 2022
vanguard group inc
9.39%
3,415,750
SC 13G/A
Jan 27, 2022
blackrock inc.
11.1%
4,041,787
SC 13G/A
Jan 26, 2022
blackrock inc.
11.1%
4,041,787
SC 13G/A

PZZA Fair Value

Papa John International fair value in different scenarios

The table shows the Fair Value estimates for Papa John International for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

11.64

-85.51%

19.56

-75.66%

32.89

-59.07%

47.59

-40.77%

59.94

-25.40%
Current Inflation

10.63

-86.77%

17.35

-78.41%

28.69

-64.29%

41.17

-48.76%

51.59

-35.79%
Very High Inflation

9.31

-88.41%

14.61

-81.82%

23.67

-70.54%

33.64

-58.13%

41.88

-47.88%

Historical Papa John International Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Papa John International

View All Filings
Date Filed Form Type Document
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
SC 13D/A
13D - Major Acquisition
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 02, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for PZZA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Clark Amanda
sold (taxes)
-19,341
85.96
-225
chief intl & devt officer
2023-03-01
Smith Jeffrey C
back to issuer
-77,367,800
82.52
-937,564
-
2023-03-01
Smith Jeffrey C
back to issuer
-8,190,850
82.52
-99,259
-
2023-03-01
Smith Jeffrey C
back to issuer
-14,485,900
82.52
-175,544
-
2023-03-01
Oyler Caroline Miller
sold (taxes)
-14,957
85.96
-174
chief legal & risk officer
2023-03-01
Smith Jeffrey C
back to issuer
-10,913,500
82.52
-132,253
-
2023-03-01
Smith Jeffrey C
back to issuer
-25,505,300
82.52
-309,080
-
2023-03-01
GUGINO ANN B
sold (taxes)
-27,507
85.96
-320
chief financial officer
2023-03-01
Smith Jeffrey C
back to issuer
-35,453,100
82.52
-429,630
-
2023-03-01
Wetzel Christopher Maxwell
sold (taxes)
-31,375
85.96
-365
evp, chief operating officer

1–10 of 50

Robert M. Lynch
14000
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations. The company also operates dine-in and delivery restaurants under the Papa John's trademark internationally. As of December 26, 2021, it operated 5,650 Papa John's restaurants, which included 600 company-owned and 5,050 franchised restaurants in 50 countries and territories. The company was founded in 1984 and is based in Louisville, Kentucky.

PZZA Income Statement

2022-12-25
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 25, 2022
Dec. 26, 2021
Dec. 27, 2020
Revenues:   
Total revenues$ 2,102,103$ 2,068,421$ 1,813,234
Costs and expenses:   
General and administrative expenses217,412212,265204,242
Depreciation and amortization52,03248,81649,705
Total costs and expenses1,981,0081,900,1801,722,981
Refranchising and impairment loss(12,065)00
Operating income109,030168,24190,253
Net interest expense(25,261)(17,293)(14,891)
Income before income taxes83,769150,94875,362
Income tax expense14,42025,99314,748
Net income before attribution to noncontrolling interests69,349124,95560,614
Net income attributable to noncontrolling interests(1,577)(4,939)(2,682)
Net income attributable to the Company67,772120,01657,932
Calculation of net income for earnings per share:   
Net income attributable to the Company67,772120,01657,932
Dividends on redemption of Series B Convertible Preferred Stock0(109,852)0
Dividends paid to participating securities(306)(6,091)(14,059)
Net income attributable to participating securities(104)0(2,136)
Net income attributable to common shareholders$ 67,362$ 4,073$ 41,737
Basic earnings per common share (in dollars per share)$ 1.90$ 0.12$ 1.29
Diluted earnings per common share (in dollars per share)$ 1.89$ 0.12$ 1.28
Basic weighted average common shares outstanding (in shares)35,49735,00732,421
Diluted weighted average common shares outstanding (in shares)35,71735,33732,717
Dividends declared per common share (in dollars per share)$ 1.54$ 1.15$ 0.90
Domestic Company-owned restaurants   
Revenues:   
Total revenues$ 708,389$ 778,323$ 700,757
Costs and expenses:   
Operating costs (excluding depreciation and amortization shown separately below):585,307621,871563,799
North America franchising   
Revenues:   
Total revenues137,399129,31096,732
North America commissaries   
Revenues:   
Total revenues869,634761,305680,793
Costs and expenses:   
Operating costs (excluding depreciation and amortization shown separately below):811,446703,622630,937
International   
Revenues:   
Total revenues129,903150,771123,963
Costs and expenses:   
Operating costs (excluding depreciation and amortization shown separately below):76,00187,28673,994
All others   
Revenues:   
Total revenues256,778248,712210,989
Costs and expenses:   
Operating costs (excluding depreciation and amortization shown separately below):$ 238,810$ 226,320$ 200,304

PZZA Balance Sheet

2022-12-25
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 25, 2022
Dec. 26, 2021
Current assets:  
Cash and cash equivalents$ 47,373$ 70,610
Accounts receivable (less allowance for credit losses of $6,718 in 2022 and $2,364 in 2021)102,53381,370
Notes receivable, current portion6,84812,352
Income tax receivable8,7809,386
Inventories41,38234,981
Prepaid expenses and other current assets44,12346,310
Total current assets251,039255,009
Property and equipment, net249,793223,856
Finance lease right-of-use assets, net24,94120,907
Operating lease right-of-use assets172,425176,256
Notes receivable, less current portion (less allowance for credit losses of $14,499 in 2022 and $1,500 in 2021)21,24835,504
Goodwill70,61680,632
Deferred income taxes1,9205,156
Other assets72,24588,384
Total assets864,227885,704
Current liabilities:  
Accounts payable62,31628,092
Income and other taxes payable8,76619,996
Accrued expenses and other current liabilities142,535190,116
Current deferred revenue21,27221,700
Current finance lease liabilities6,8504,977
Current operating lease liabilities23,41822,543
Total current liabilities265,157287,424
Deferred revenue23,20413,846
Long-term finance lease liabilities19,02216,580
Long-term operating lease liabilities160,905160,672
Long-term debt, net597,069480,730
Deferred income taxes0258
Other long-term liabilities68,31793,154
Total liabilities1,133,6741,052,664
Redeemable noncontrolling interests1,2175,498
Stockholders’ deficit:  
Common stock ($0.01 par value per share; issued 49,138 at December 25, 2022 and 49,002 at December 26, 2021)491490
Additional paid-in capital449,829445,126
Accumulated other comprehensive loss(10,135)(9,971)
Retained earnings195,856183,157
Treasury stock (14,402 shares at December 25, 2022 and 13,205 shares at December 26, 2021, at cost)(922,434)(806,472)
Total stockholders’ deficit(286,393)(187,670)
Noncontrolling interests in subsidiaries15,72915,212
Total Stockholders’ deficit(270,664)(172,458)
Total Liabilities, Redeemable noncontrolling interests and Stockholders’ deficit$ 864,227$ 885,704