Bank of America Reiterates “Underperform” Rating for Papa John’s International (NASDAQ:PZZA)

Posted by Brenda Bartman on Jul 13th, 2026

Papa John’s International (NASDAQ:PZZA – Get Free Report)‘s stock had its “underperform” rating restated by equities research analysts at Bank of America in a report released on Monday,Benzinga reports. They currently have a $34.00 target price on the stock, down from their previous target price of $42.00. Bank of America‘s target price suggests a potential upside of 1.52% from the stock’s previous close.

Other analysts also recently issued reports about the company. Mizuho decreased their price target on Papa John’s International from $34.00 to $33.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Wall Street Zen upgraded Papa John’s International from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Piper Sandler reduced their target price on Papa John’s International from $32.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Weiss Ratings lowered shares of Papa John’s International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Finally, Benchmark lowered their price target on shares of Papa John’s International from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $36.50.

View Our Latest Stock Report on PZZA

Papa John’s International Price Performance

Shares of Papa John’s International stock opened at $33.49 on Monday. Papa John’s International has a 52-week low of $29.55 and a 52-week high of $55.74. The company’s 50-day simple moving average is $33.92 and its 200-day simple moving average is $34.87. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 40.35, a price-to-earnings-growth ratio of 1.86 and a beta of 1.12.

Papa John’s International (NASDAQ:PZZA – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). Papa John’s International had a net margin of 1.37% and a negative return on equity of 10.71%. The firm had revenue of $478.61 million during the quarter, compared to analyst estimates of $485.51 million. During the same quarter in the previous year, the business earned $0.36 EPS. Papa John’s International’s revenue for the quarter was down 7.7% on a year-over-year basis. Equities research analysts anticipate that Papa John’s International will post 1.51 EPS for the current year.

Institutional Trading of Papa John’s International

Large investors have recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of Papa John’s International by 6.5% in the 3rd quarter. Private Advisor Group LLC now owns 5,220 shares of the company’s stock worth $251,000 after buying an additional 319 shares in the last quarter. State of Alaska Department of Revenue increased its position in Papa John’s International by 1.8% during the fourth quarter. State of Alaska Department of Revenue now owns 18,642 shares of the company’s stock worth $716,000 after buying an additional 328 shares in the last quarter. Alliancebernstein L.P. increased its position in Papa John’s International by 0.8% during the 3rd quarter. Alliancebernstein L.P. now owns 42,662 shares of the company’s stock worth $2,054,000 after purchasing an additional 354 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Papa John’s International by 6.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,176 shares of the company’s stock worth $238,000 after buying an additional 367 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in Papa John’s International by 3.6% during the fourth quarter. Intech Investment Management LLC now owns 11,467 shares of the company’s stock worth $441,000 after acquiring an additional 397 shares during the last quarter.

Papa John’s International Company Profile

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Papa John’s International, Inc is a leading American pizza restaurant chain known for its focus on high-quality ingredients and consistent product offerings. Founded in 1984 by John Schnatter in Jeffersonville, Indiana, the company has grown to operate thousands of restaurants across the United States and in more than 40 international markets. Papa John’s restaurants are primarily franchised, supported by a network of corporate-owned outlets that together drive brand standards, operational guidance and marketing efforts.

The core menu at Papa John’s centers on a variety of hand-tossed and pan pizzas made with a signature stone-baked crust and topped with real cheese, vine-ripened tomato sauce and premium meats and vegetables.