Yum! Brands (NYSE:YUM) Receives New Coverage from Analysts at Evercore ISI

Analysts at Evercore ISI initiated coverage on shares of Yum! Brands (NYSE:YUM) in a research report issued on Tuesday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $120.00 price target on the restaurant operator’s stock. Evercore ISI’s target price indicates a potential upside of 10.15% from the stock’s previous close.

YUM has been the topic of a number of other research reports. Citigroup dropped their price target on Yum! Brands from $104.00 to $103.00 and set a “neutral” rating on the stock in a research report on Thursday, April 4th. Zacks Investment Research downgraded Yum! Brands from a “buy” rating to a “hold” rating in a research report on Saturday, February 16th. JPMorgan Chase & Co. downgraded Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 price target on the stock. in a research report on Tuesday, March 19th. Mizuho downgraded Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research report on Wednesday, March 20th. Finally, Robert W. Baird reissued an “outperform” rating and set a $112.00 price target on shares of Yum! Brands in a research report on Monday, April 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. Yum! Brands presently has a consensus rating of “Hold” and an average price target of $101.00.

YUM opened at $108.94 on Tuesday. Yum! Brands has a 12-month low of $77.09 and a 12-month high of $109.63. The firm has a market cap of $33.39 billion, a PE ratio of 34.37, a PEG ratio of 2.33 and a beta of 0.55.



Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company earned $0.90 EPS. The business’s revenue was down 8.5% compared to the same quarter last year. On average, research analysts forecast that Yum! Brands will post 3.81 earnings per share for the current fiscal year.

In related news, CFO David W. Gibbs sold 1,531 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $99.54, for a total transaction of $152,395.74. Following the sale, the chief financial officer now owns 41,345 shares of the company’s stock, valued at $4,115,481.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David Eric Russell sold 5,872 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $100.00, for a total value of $587,200.00. Following the sale, the vice president now directly owns 23,653 shares in the company, valued at approximately $2,365,300. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 58,200 shares of company stock worth $6,085,268. 0.67% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Belpointe Asset Management LLC boosted its holdings in Yum! Brands by 12.2% in the first quarter. Belpointe Asset Management LLC now owns 5,682 shares of the restaurant operator’s stock worth $567,000 after acquiring an additional 619 shares in the last quarter. Meridian Wealth Management LLC acquired a new stake in Yum! Brands in the first quarter worth about $125,000. Rehmann Capital Advisory Group boosted its holdings in Yum! Brands by 7.7% in the first quarter. Rehmann Capital Advisory Group now owns 8,325 shares of the restaurant operator’s stock worth $831,000 after acquiring an additional 597 shares in the last quarter. Diversified Trust Co acquired a new stake in Yum! Brands in the first quarter worth about $203,000. Finally, Cerebellum GP LLC boosted its holdings in Yum! Brands by 24.0% in the first quarter. Cerebellum GP LLC now owns 3,461 shares of the restaurant operator’s stock worth $345,000 after acquiring an additional 669 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors.

About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Analyst Recommendations for Yum! Brands (NYSE:YUM)

Receive News & Ratings for Yum! Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands and related companies with MarketBeat.com's FREE daily email newsletter.

Yum! Brands (NYSE:YUM) Receives New Coverage from Analysts at Evercore ISI

Analysts at Evercore ISI initiated coverage on shares of Yum! Brands (NYSE:YUM) in a research report issued on Tuesday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $120.00 price target on the restaurant operator’s stock. Evercore ISI’s target price indicates a potential upside of 10.15% from the stock’s previous close.

YUM has been the topic of a number of other research reports. Citigroup dropped their price target on Yum! Brands from $104.00 to $103.00 and set a “neutral” rating on the stock in a research report on Thursday, April 4th. Zacks Investment Research downgraded Yum! Brands from a “buy” rating to a “hold” rating in a research report on Saturday, February 16th. JPMorgan Chase & Co. downgraded Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 price target on the stock. in a research report on Tuesday, March 19th. Mizuho downgraded Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research report on Wednesday, March 20th. Finally, Robert W. Baird reissued an “outperform” rating and set a $112.00 price target on shares of Yum! Brands in a research report on Monday, April 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. Yum! Brands presently has a consensus rating of “Hold” and an average price target of $101.00.

YUM opened at $108.94 on Tuesday. Yum! Brands has a 12-month low of $77.09 and a 12-month high of $109.63. The firm has a market cap of $33.39 billion, a PE ratio of 34.37, a PEG ratio of 2.33 and a beta of 0.55.



Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company earned $0.90 EPS. The business’s revenue was down 8.5% compared to the same quarter last year. On average, research analysts forecast that Yum! Brands will post 3.81 earnings per share for the current fiscal year.

In related news, CFO David W. Gibbs sold 1,531 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $99.54, for a total transaction of $152,395.74. Following the sale, the chief financial officer now owns 41,345 shares of the company’s stock, valued at $4,115,481.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David Eric Russell sold 5,872 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $100.00, for a total value of $587,200.00. Following the sale, the vice president now directly owns 23,653 shares in the company, valued at approximately $2,365,300. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 58,200 shares of company stock worth $6,085,268. 0.67% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Belpointe Asset Management LLC boosted its holdings in Yum! Brands by 12.2% in the first quarter. Belpointe Asset Management LLC now owns 5,682 shares of the restaurant operator’s stock worth $567,000 after acquiring an additional 619 shares in the last quarter. Meridian Wealth Management LLC acquired a new stake in Yum! Brands in the first quarter worth about $125,000. Rehmann Capital Advisory Group boosted its holdings in Yum! Brands by 7.7% in the first quarter. Rehmann Capital Advisory Group now owns 8,325 shares of the restaurant operator’s stock worth $831,000 after acquiring an additional 597 shares in the last quarter. Diversified Trust Co acquired a new stake in Yum! Brands in the first quarter worth about $203,000. Finally, Cerebellum GP LLC boosted its holdings in Yum! Brands by 24.0% in the first quarter. Cerebellum GP LLC now owns 3,461 shares of the restaurant operator’s stock worth $345,000 after acquiring an additional 669 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors.

About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Analyst Recommendations for Yum! Brands (NYSE:YUM)

Receive News & Ratings for Yum! Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands and related companies with MarketBeat.com's FREE daily email newsletter.