🍕📈 PAPA JOHN’S ANALYSIS

in #stocks • 3 years ago

1
Papa John's reported 3rd Quarter September 2021 earnings of $0.83 per share on revenue of $512.8 million. The consensus earnings estimate was $0.69 per share on revenue of $496.6 million. Revenue grew 8.4% on a year-over-year basis.

Papa John's operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark “Papa John’s”.

2
Since 04.11.2021 the stock is consolidating within an area ranging from $140.68 - $129.40.

WHAT DO I EXPECT NEXT?

3
I can imagine that the Papa John’s stock will continue to consolidate within the range and might break out of its consolidation channel as soon as the entire market has strength. If the stock moves above $140.68 with higher than average volume, it might be beneficial to buy the stock. When the stock price closes below its temporary low at $129.40 the trading scenario is invalid.

What are your thoughts? Leave a comment down below 👇

🚫 No investment advice, I am just displaying my personal opinion which might be wrong!

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#blog #analysis #investing #trading
3 years ago in #stocks by
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