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

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

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the company earned $1.44 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. 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 Stock Up 0.1 %

Yum! Brands stock opened at $129.31 on Thursday. Yum! Brands has a 12 month low of $122.13 and a 12 month high of $143.20. The company’s fifty day simple moving average is $132.84 and its 200-day simple moving average is $133.58. The stock has a market cap of $36.09 billion, a P/E ratio of 24.17, a P/E/G ratio of 2.02 and a beta of 1.11.

Yum! Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a $0.67 dividend. The ex-dividend date was Monday, December 2nd. This represents a $2.68 annualized dividend and a dividend yield of 2.07%. Yum! Brands’s payout ratio is 50.09%.

Analysts Set New Price Targets

A number of brokerages have recently commented on YUM. Loop Capital lowered their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. 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 note on Wednesday, November 6th. Bank of America dropped their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Sanford C. Bernstein cut shares of Yum! Brands from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $140.00 to $135.00 in a report on Wednesday, January 22nd. Finally, Oppenheimer lifted their price objective on Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Thirteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $144.89.

Insider Transactions at Yum! Brands

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

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.