Yum! Brands (NYSE:YUM) Releases Earnings Results

Yum! Brands (NYSE:YUM) announced its earnings results on Tuesday. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04), Briefing.com reports. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis.

Yum! Brands Stock Up 2.0 %

Shares of YUM stock traded up $2.69 during trading on Thursday, reaching $137.06. The company’s stock had a trading volume of 2,206,126 shares, compared to its average volume of 1,950,322. The business has a fifty day moving average price of $134.23 and a 200-day moving average price of $134.81. The company has a market cap of $38.54 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.09 and a beta of 1.10. Yum! Brands has a one year low of $123.60 and a one year high of $143.20.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio is presently 50.09%.

Insider Transactions at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the sale, the chief executive officer now directly owns 152,634 shares in the company, valued at $20,518,588.62. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,622 shares of company stock valued at $4,172,740 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on YUM shares. Stifel Nicolaus dropped their target price on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Loop Capital lowered their price target on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday. Evercore ISI cut shares of Yum! Brands from an “outperform” rating to an “inline” rating and lowered their price target for the stock from $160.00 to $145.00 in a research report on Tuesday, July 16th. Bank of America lowered their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and a consensus price target of $145.94.

About Yum! Brands

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.