Yum! Brands (YUM) Expected to Announce Quarterly Earnings on Thursday

Yum! Brands (NYSE:YUM) will likely be issuing 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm 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%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 earnings per share. 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 Price Performance

NYSE:YUM opened at $131.58 on Tuesday. The firm’s 50-day moving average price is $132.60 and its 200-day moving average price is $133.61. The company has a market capitalization of $36.72 billion, a PE ratio of 24.59, a P/E/G ratio of 2.14 and a beta of 1.11. Yum! Brands has a 1-year low of $122.13 and a 1-year high of $143.20.

Yum! Brands Announces Dividend

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

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,059 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $135.94, for a total value 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 represents a 4.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on YUM shares. TD Cowen reiterated a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a research note on Wednesday, November 6th. Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Bank of America decreased their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft cut their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Finally, Oppenheimer upped 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. Thirteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $144.89.

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.