Papa John's International had its Relative Strength (RS) Rating upgraded from 65 to 74 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
Can You Really Time The Stock Market?
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Papa John's International can continue to show renewed price strength and clear that threshold.
Papa John's International is not currently showing a potential buy point. See if the stock goes on to build a promising consolidation that could launch a new move.
Earnings growth dropped in the company's latest report from -31% to -46%, but sales rose from -7% to 1%. The next quarterly results are expected on or around Aug. 7.
The company earns the No. 29 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Brinker International and Shake Shack Cl A are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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