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

Yum! Brands (NYSE:YUM) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.60 per share and revenue of $2.34 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.44 EPS. 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 0.0 %

NYSE YUM opened at $131.51 on Wednesday. The company has a 50 day moving average price of $132.49 and a two-hundred day moving average price of $133.63. Yum! Brands has a 12-month low of $122.13 and a 12-month high of $143.20. The stock has a market capitalization of $36.70 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 2.14 and a beta of 1.11.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands’s dividend payout ratio is presently 50.09%.

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of Yum! Brands stock in a transaction on Friday, November 15th. The stock was sold at an average price of $135.94, for a total transaction of $959,600.46. Following the completion of the transaction, the chief executive officer now directly owns 149,385 shares of the company’s stock, valued at approximately $20,307,396.90. This trade represents a 4.51 % 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 this link. 0.31% of the stock is owned by company insiders.

Analyst Ratings Changes

YUM has been the subject of a number of analyst reports. Citigroup reaffirmed a “neutral” rating and issued a $141.00 price target (down previously from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. TD Cowen restated a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th. Oppenheimer increased their price target on Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Argus upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research note on Tuesday, December 31st. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $140.00 target price (down from $158.00) on shares of Yum! Brands in a research note on Tuesday, January 21st. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $144.89.

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.