Media stories about Yum! Brands (NYSE:YUM) have trended somewhat positive recently, according to Alpha One. The research group, a subsidiary of Accern, ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yum! Brands earned a media sentiment score of 0.06 on Alpha One’s scale. Alpha One also gave media headlines about the restaurant operator an impact score of 20 out of 100, indicating that recent press coverage is very unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected AlphaOne Sentiment Analysis’s scoring:
- BMO Capital Markets Reaffirms Hold Rating for Yum! Brands, Inc. (YUM) (cote-ivoire.com)
- L Brands to Present at the Oppenheimer Conference (feeds.benzinga.com)
- Yum! Brands, Inc. (YUM) Short Interest Update (americanbankingnews.com)
- Why Yum! Brands, Inc. Stock Jumped 10.5% in May – Motley Fool (fool.com)
- Royal Bank Of Canada Reiterates Buy Rating for Yum! Brands, Inc. (YUM) (americanbankingnews.com)
A number of research analysts have recently commented on YUM shares. Evercore ISI upgraded Yum! Brands from an “in-line” rating to an “outperform” rating in a research note on Friday, March 10th. Citigroup Inc. increased their price objective on Yum! Brands from $67.00 to $71.00 and gave the company a “neutral” rating in a report on Tuesday, April 11th. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Wednesday, April 12th. BMO Capital Markets started coverage on Yum! Brands in a report on Friday, April 21st. They set a “market perform” rating and a $66.00 price target for the company. Finally, Cowen and Company reiterated an “outperform” rating and set a $75.00 price target on shares of Yum! Brands in a report on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $77.70.
Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, May 3rd. The restaurant operator reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. Yum! Brands had a net margin of 15.44% and a negative return on equity of 37.63%. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the company posted $0.95 EPS. The business’s revenue was down 1.8% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Friday, July 14th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, July 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.62%. Yum! Brands’s payout ratio is currently 31.17%.
In other news, CFO David W. Gibbs sold 8,125 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $68.83, for a total value of $559,243.75. Following the completion of the sale, the chief financial officer now owns 39,181 shares in the company, valued at approximately $2,696,828.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian R. Niccol sold 1,471 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $72.64, for a total transaction of $106,853.44. Following the completion of the sale, the chief executive officer now owns 6,712 shares of the company’s stock, valued at approximately $487,559.68. The disclosure for this sale can be found here. Company insiders own 0.65% of the company’s stock.
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Yum! Brands Company Profile
YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.
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