Yum! Brands (YUM) to Release Quarterly Earnings on Tuesday

Yum! Brands (NYSE:YUM) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 5th. Analysts expect Yum! Brands to post earnings of $1.42 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the company earned $1.41 earnings per share. On average, analysts expect Yum! Brands to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Yum! Brands Stock Performance

Shares of YUM opened at $132.34 on Friday. The stock has a 50-day moving average of $134.30 and a two-hundred day moving average of $134.89. The stock has a market cap of $37.21 billion, a P/E ratio of 24.24, a P/E/G ratio of 2.06 and a beta of 1.10. Yum! Brands has a one year low of $122.79 and a one year high of $143.20.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s payout ratio is 49.08%.

Analysts Set New Price Targets

A number of research firms have issued reports on YUM. Deutsche Bank Aktiengesellschaft raised their price target on shares of Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Bank of America reduced their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Stifel Nicolaus lowered their price target on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Finally, Morgan Stanley lowered their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 16th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Yum! Brands currently has an average rating of “Hold” and an average target price of $146.44.

Insiders Place Their Bets

In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of the firm’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total value of $9,745,355.16. Following the transaction, the chief executive officer now owns 68 shares in the company, valued at approximately $9,326.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total value of $9,745,355.16. Following the completion of the sale, the chief executive officer now owns 68 shares in the company, valued at approximately $9,326.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the transaction, the chief executive officer now owns 155,883 shares in the company, valued at approximately $20,955,351.69. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 101,673 shares of company stock worth $13,918,095. Corporate insiders own 0.31% of the company’s stock.

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.