Yum! Brands (YUM) to Release Earnings on Tuesday

Yum! Brands (NYSE:YUM) is scheduled to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $1.42 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the business earned $1.41 earnings per share. 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 0.9 %

NYSE YUM opened at $132.34 on Monday. Yum! Brands has a 52 week low of $122.79 and a 52 week high of $143.20. The company has a market capitalization of $37.21 billion, a P/E ratio of 24.24, a price-to-earnings-growth ratio of 2.06 and a beta of 1.10. The stock’s 50-day moving average price is $134.30 and its 200-day moving average price is $134.87.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s payout ratio is 49.08%.

Insider Activity

In related news, CEO Sabir Sami sold 71,051 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the sale, the chief executive officer now owns 68 shares in the company, valued at approximately $9,326.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total transaction of $974,956.48. Following the transaction, the chief executive officer now owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sabir Sami sold 71,051 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total value of $9,745,355.16. Following the sale, the chief executive officer now directly owns 68 shares of the company’s stock, valued at $9,326.88. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,673 shares of company stock valued at $13,918,095 in the last ninety days. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on YUM shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Morgan Stanley lowered their price objective on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Robert W. Baird increased their target price on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Bank of America lowered their price target on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Finally, TD Cowen lowered shares of Yum! Brands from a “buy” rating to a “hold” rating and cut their price objective for the company from $156.00 to $145.00 in a report on Wednesday, October 16th. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $146.44.

Yum! Brands Company Profile

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.