Zacks: Analysts Anticipate Yum! Brands, Inc. (NYSE:YUM) to Post $0.95 EPS

Equities analysts predict that Yum! Brands, Inc. (NYSE:YUM) will report earnings per share (EPS) of $0.95 for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Yum! Brands’ earnings. The lowest EPS estimate is $0.93 and the highest is $0.99. Yum! Brands reported earnings per share of $1.04 during the same quarter last year, which indicates a negative year over year growth rate of 8.7%. The company is scheduled to announce its next earnings report on Wednesday, October 30th.

According to Zacks, analysts expect that Yum! Brands will report full-year earnings of $3.87 per share for the current financial year, with EPS estimates ranging from $3.83 to $3.95. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.24 per share, with EPS estimates ranging from $4.06 to $4.35. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Yum! Brands.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.06. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.28 billion. Yum! Brands had a net margin of 24.29% and a negative return on equity of 13.02%. The company’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 earnings per share.

A number of brokerages have weighed in on YUM. Longbow Research downgraded shares of Yum! Brands from a “neutral” rating to an “underperform” rating and set a $91.00 price objective for the company. in a research report on Monday, July 1st. Evercore ISI reissued a “buy” rating and set a $130.00 target price on shares of Yum! Brands in a research note on Tuesday, August 13th. Citigroup set a $138.00 target price on shares of Yum! Brands and gave the stock a “hold” rating in a research note on Monday, August 12th. MKM Partners initiated coverage on shares of Yum! Brands in a research note on Tuesday, August 13th. They set a “neutral” rating and a $125.00 target price for the company. Finally, Stifel Nicolaus boosted their target price on shares of Yum! Brands from $100.00 to $110.00 and gave the stock a “hold” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, thirteen 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 a consensus target price of $110.65.

In related news, CFO David W. Gibbs sold 1,577 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $111.29, for a total transaction of $175,504.33. Following the completion of the sale, the chief financial officer now owns 43,867 shares of the company’s stock, valued at approximately $4,881,958.43. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Scott Catlett sold 1,015 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $116.63, for a total transaction of $118,379.45. Following the sale, the general counsel now directly owns 5,376 shares of the company’s stock, valued at approximately $627,002.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,953 shares of company stock valued at $2,653,229. 0.67% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System grew its stake in Yum! Brands by 3.4% during the 2nd quarter. Arizona State Retirement System now owns 94,152 shares of the restaurant operator’s stock valued at $10,420,000 after acquiring an additional 3,093 shares in the last quarter. Calton & Associates Inc. purchased a new stake in Yum! Brands during the 2nd quarter valued at about $212,000. Skandinaviska Enskilda Banken AB publ grew its stake in Yum! Brands by 6.6% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 64,839 shares of the restaurant operator’s stock valued at $7,176,000 after acquiring an additional 3,997 shares in the last quarter. Ellington Management Group LLC grew its stake in Yum! Brands by 27.5% during the 2nd quarter. Ellington Management Group LLC now owns 8,800 shares of the restaurant operator’s stock valued at $974,000 after acquiring an additional 1,900 shares in the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in Yum! Brands by 58.2% during the 2nd quarter. HBK Sorce Advisory LLC now owns 3,352 shares of the restaurant operator’s stock valued at $278,000 after acquiring an additional 1,233 shares in the last quarter. 75.26% of the stock is owned by institutional investors.

Shares of Yum! Brands stock traded up $0.98 during trading hours on Tuesday, reaching $114.66. The stock had a trading volume of 1,200,373 shares, compared to its average volume of 1,851,301. The stock’s 50 day moving average is $114.99 and its 200 day moving average is $108.52. The firm has a market capitalization of $34.59 billion, a PE ratio of 36.17, a PEG ratio of 2.40 and a beta of 0.50. Yum! Brands has a twelve month low of $84.53 and a twelve month high of $119.72.

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 19th were paid a dividend of $0.42 per share. The ex-dividend date was Friday, August 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.47%. Yum! Brands’s dividend payout ratio is currently 53.00%.

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.

Featured Story: Leveraged Buyout (LBO)

Get a free copy of the Zacks research report on Yum! Brands (YUM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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.