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Papa John's (PZZA) Stock Falls -1.07%; Same Store Sales Up 28% During Quarter 2

Tuesday, June 30, 2020 01:21 PM | Neal Farmer

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Papa John's (PZZA) Stock Falls -1.07%; Same Store Sales Up 28% During Quarter 2

Papa John’s Int’l, Inc. (PZZA) is down -1.07% today after reports that same store sales are up 28% in North America during Q2 with it being up 24% in June alone. Sales are up 5% internationally for Papa Johns. Additionally, PZZA’s price target was raised to $95 by BTIG and the company announced the launch of Shaq-a-Roni pizza today. And you guessed it, the pizza is a collaboration with board member, Shaquille O’Neal.

PZZA stock has risen 72.39% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary scoring system, gives PZZA stock a score of 66 out of a possible 100.

That score is influenced by a short-term technical score of 99. PZZA’s score also includes a long-term technical score of 91. The fundamental score for PZZA is 7. In addition to the average rating from Wall Street analysts, PZZA stock has a mean target price of 78.583. This means analysts expect the stock to rise 1.35% over the next 12 months.

What’s Happening with PZZA Stock Today

Papa John’s Int’l, Inc. (PZZA) stock is lower by -1.07% while the S&P 500 has risen 0.56% as of 1:11 PM on Tuesday, Jun 30. PZZA is lower by -$0.84 from the previous closing price of $78.38 on volume of 391,703 shares. Over the past year the S&P 500 is up 3.57% while PZZA has risen 72.39%. PZZA earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2356.73.

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