Yum! Brands (NYSE:YUM) Issues Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Yum! Brands (NYSE:YUM) posted its quarterly earnings results on Tuesday. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04), Briefing.com reports. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. Yum! Brands’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.

Yum! Brands Stock Down 0.5 %

YUM stock opened at $136.37 on Friday. The business’s fifty day simple moving average is $134.23 and its two-hundred day simple moving average is $134.81. Yum! Brands has a twelve month low of $123.60 and a twelve month high of $143.20. The firm has a market cap of $38.34 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 2.13 and a beta of 1.10.

Yum! Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a yield of 1.97%. Yum! Brands’s payout ratio is 50.09%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Morgan Stanley decreased their target price on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 16th. JPMorgan Chase & Co. lifted their price target on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Stifel Nicolaus cut their price target on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. Evercore ISI cut shares of Yum! Brands from an “outperform” rating to an “inline” rating and cut their price target for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $145.94.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now owns 152,634 shares of the company’s stock, valued at approximately $20,518,588.62. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Yum! Brands news, insider Scott Catlett sold 8,234 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $137.79, for a total value of $1,134,562.86. Following the completion of the sale, the insider now owns 29,159 shares of the company’s stock, valued at approximately $4,017,818.61. This trade represents a 0.00 % 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 the SEC website. Also, CEO David W. Gibbs sold 7,005 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 152,634 shares of the company’s stock, valued at approximately $20,518,588.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,622 shares of company stock worth $4,172,740 over the last quarter. Company insiders own 0.31% of the company’s stock.

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.