Professional
Added to YB: 2024-11-27
Pitch date: 2024-11-11
PZZA [bullish]
Papa John's International, Inc.
-16.84%
current return
Author Info
No bio for this author
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
$1.4B
Pitch Price
$49.80
Price Target
67.00 (+62%)
Dividend
4.37%
EV/EBITDA
9.29
P/E
37.03
EV/Sales
1.11
Sector
Hotels, Restaurants and Leisure
Category
value
Papa John's Focus on Franchise Profits and Healthier Growth Abroad Should Drive Solid Results
PZZA: Premium pizza chain w/ 18% ROI & 5.7% comp sales growth 2019-23. Strong US franchisee returns, int'l expansion focus. Lowered build cost 20-25%, targeting 8% commissary margins. FVE $67. Risks: competition, consumer health, macro factors. 3.9% annual unit growth, 10.3% op margin by 2033 expected.
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