The stock analysts working at Oppenheimer have reduced the EPS estimate for FY2022 of PZZA in a research report that was published to investors and clients on the 6th of January. B. Bittner is of the opinion that the company is going to post an EPS of $2.60 for this year- a minor reduction from its earlier estimate of $2.61. Currently, the brokerage firm has given a rating of outperform for the company, with a target price set at $96.
The Quarterly Earnings Of PZZA
The EPS reported by PZZA this quarter was $0.35, which was considerably more than the consensus estimate of around $0.32. The net margin of the Pizzeria is 1.32%, with a return on its equity at -15.73%. The revenue earned by the company is $472.90 million, which is more than the consensus estimate of $466.15 million. The previous year saw the company earning an EPS of $0.21, which is indicative of an annual growth rate of 17.1%.
There are quite a few research analysts who have commented on the stocks of the firm. Zacks Investment Research has already decreased the rating of PZZA from a strong-buy to a rating of hold, with a price objective of $95 set on the company. MKM Partners has also gone the same route, with the price objective decreased from $93 to $91.
BidaskClub has, on the other hand, increased the rating of the company from a rating of sell, to a rating of hold in a 16th December research report. KeyCorp has given the stocks a price rating of $94, with a rating of overweight. Stephens has increased the price target on the firm from $95 to $99, along with an overweight rating on the stock.
There are five investment analysts who have presented the stock with a rating of hold, while thirteen have given it a rating of buy. The stocks of PZZA currently have a rating of Buy, with a price target set at $95.76.
