Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Trade-Ideas LLC identified Papa John's International ( PZZA) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Papa John's International as such a stock due to the following factors:
- PZZA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $19.0 million.
- PZZA has traded 16,500 shares today.
- PZZA is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in PZZA with the Ticky from Trade-Ideas. See the FREE profile for PZZA NOW at Trade-Ideas More details on PZZA: Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark worldwide. The company also operates dine-in and delivery restaurants in certain international markets. The stock currently has a dividend yield of 0.9%. PZZA has a PE ratio of 34.3. Currently there are 2 analysts that rate Papa John's International a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for Papa John's International has been 319,400 shares per day over the past 30 days. Papa John's International has a market cap of $2.2 billion and is part of the services sector and leisure industry. The stock has a beta of 0.19 and a short float of 6.2% with 4.67 days to cover. Shares are up 17% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Papa John's International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 5.4%. Since the same quarter one year prior, revenues slightly increased by 5.6%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 79.52% over the past year, a rise that has exceeded that of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, PZZA should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- PAPA JOHNS INTERNATIONAL INC has improved earnings per share by 10.8% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, PAPA JOHNS INTERNATIONAL INC increased its bottom line by earning $1.55 versus $1.29 in the prior year. This year, the market expects an improvement in earnings ($1.72 versus $1.55).
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Hotels, Restaurants & Leisure industry and the overall market, PAPA JOHNS INTERNATIONAL INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- Net operating cash flow has significantly increased by 176.15% to $26.53 million when compared to the same quarter last year. In addition, PAPA JOHNS INTERNATIONAL INC has also vastly surpassed the industry average cash flow growth rate of -51.97%.
- You can view the full Papa John's International Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.