Yum! Brands (NYSE:YUM) Issues Quarterly Earnings Results

Yum! Brands (NYSE:YUM) posted its quarterly earnings data 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. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter last year, the firm earned $1.44 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis.

Yum! Brands Price Performance

NYSE:YUM traded down $0.56 during trading hours on Wednesday, reaching $134.16. 1,396,988 shares of the stock were exchanged, compared to its average volume of 1,939,885. The stock has a market cap of $37.72 billion, a PE ratio of 24.49, a PEG ratio of 2.09 and a beta of 1.10. Yum! Brands has a twelve month low of $123.60 and a twelve month high of $143.20. The firm has a 50 day moving average of $134.26 and a 200 day moving average of $134.81.

Yum! Brands Announces Dividend

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 $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.00%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s payout ratio is 49.08%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on YUM. TD Cowen reissued a “hold” rating and set a $145.00 price objective on shares of Yum! Brands in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Robert W. Baird increased their price target on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Finally, Morgan Stanley decreased their price objective on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research note on Tuesday, July 16th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $145.94.

Insiders Place Their Bets

In related news, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total transaction of $974,956.48. Following the transaction, the chief executive officer now directly owns 159,132 shares in the company, valued at approximately $21,947,485.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now owns 155,883 shares in the company, valued at approximately $20,955,351.69. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 7,069 shares of Yum! Brands stock in a transaction 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 directly owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 30,622 shares of company stock valued at $4,172,740 in the last three months. 0.31% of the stock is currently owned by corporate insiders.

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.