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Papa John's (PZZA) in Focus: Stock Moves 6.2% Higher

Zacks Equity Research

Papa John's International, Inc. PZZA was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 18.9% in the past one-month time frame.

The move came after the company announced that former NBA star Shaquille O'Neal will join its board of directors and also become an investor in nine Papa John’s restaurants in the Atlanta, GA.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Papa John's currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Papa John's International, Inc. Price

Papa John's International, Inc. Price | Papa John's International, Inc. Quote

Investors interested in the Retail - Restaurants industry may consider Brinker International, Inc. EAT, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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