Yum! Brands (YUM) Projected to Post Earnings on Thursday

Yum! Brands (NYSE:YUM) is projected to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.60 per share and revenue of $2.34 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.44 EPS. On average, analysts expect Yum! Brands to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Yum! Brands Price Performance

Shares of Yum! Brands stock opened at $131.58 on Tuesday. The firm has a market cap of $36.72 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 2.14 and a beta of 1.11. Yum! Brands has a one year low of $122.13 and a one year high of $143.20. The stock’s 50-day moving average is $132.60 and its 200-day moving average is $133.61.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands’s payout ratio is presently 50.09%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on YUM. Citigroup reaffirmed a “neutral” rating and issued a $141.00 price objective (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Bank of America cut their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Oppenheimer upped their price target on shares of Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Finally, TD Cowen restated a “hold” rating and set a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $144.89.

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $137.06, for a total transaction of $522,883.90. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by insiders.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.