Yum! Brands (YUM) Scheduled to Post Quarterly Earnings on Wednesday

Yum! Brands (NYSE:YUM) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.21 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the prior year, the business earned $1.31 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. 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 Up 0.7 %

NYSE YUM opened at $140.10 on Wednesday. Yum! Brands has a 52-week low of $115.53 and a 52-week high of $143.24. The business’s 50-day moving average price is $137.56 and its 200 day moving average price is $130.54. The firm has a market cap of $39.44 billion, a P/E ratio of 25.06, a P/E/G ratio of 2.19 and a beta of 1.10.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the transaction, the chief executive officer now directly owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the transaction, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,067 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares of the company’s stock, valued at $23,910,900.18. The disclosure for this sale can be found here. Insiders sold 24,064 shares of company stock worth $3,228,698 in the last ninety days. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

YUM has been the topic of a number of analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $135.00 price objective on shares of Yum! Brands in a report on Thursday, January 4th. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target for the company in a research report on Friday, January 5th. JPMorgan Chase & Co. lifted their price target on shares of Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. Royal Bank of Canada reduced their price target on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research report on Friday, February 9th. Finally, TD Cowen reiterated a “buy” rating and set a $160.00 price target on shares of Yum! Brands in a research report on Wednesday, April 10th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $144.75.

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.