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Added to YB: 2026-05-27

Pitch date: 2026-05-25

PZZA [neutral]

Papa John's International, Inc.

-1.8%

current return

Author Info

Company Info

Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa Johns trademark in the United States, Canada, and internationally.

Market Cap

$1.1B

Pitch Price

$33.30

Price Target

60.00 (+80%)

Dividend

5.51%

EV/EBITDA

8.17

P/E

39.95

EV/Sales

1.00

Sector

Hotels, Restaurants and Leisure

Category

special_situation

Show full summary:
Monday brief - Some events to pay attention to and additional AI musings ($PZZA)

PZZA (watchlist): Subject to 4 bids past year, all failing. Now Irth (10% owner) partners w/ Bajwa (largest US franchisee, 10% domestic restaurants) for buyout—Bajwa's 'significant investment' signals confidence despite poor N.A. franchised store performance. Trades 9x EBITDA vs peers at 11-12x. Deal at ~$47/share (11-12x FY26 EBITDA) vs $30 downside. Market implies <20% deal odds despite improved structure.

Read full article (2 min)