Yum! Brands, Inc. Forecasted to Post Q2 2022 Earnings of $1.10 Per Share (NYSE:YUM)

Yum! Brands, Inc. (NYSE:YUMGet Rating) – Research analysts at Oppenheimer reduced their Q2 2022 earnings per share (EPS) estimates for Yum! Brands in a report released on Wednesday, May 4th. Oppenheimer analyst B. Bittner now forecasts that the restaurant operator will earn $1.10 per share for the quarter, down from their previous estimate of $1.22.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets lowered their target price on shares of Yum! Brands from $140.00 to $130.00 in a research note on Thursday. Cowen upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $134.00 to $143.00 in a research report on Thursday, February 17th. Bank of America assumed coverage on shares of Yum! Brands in a report on Tuesday, January 11th. They issued a “neutral” rating for the company. Credit Suisse Group cut their target price on shares of Yum! Brands from $137.00 to $130.00 in a research note on Thursday. Finally, StockNews.com initiated coverage on shares of Yum! Brands in a research note on Thursday, March 31st. They set a “hold” rating for the company. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $139.31.

Shares of YUM stock opened at $115.62 on Friday. The firm has a market cap of $33.32 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 2.06 and a beta of 1.04. The company’s 50 day moving average is $119.21 and its 200 day moving average is $124.79. Yum! Brands has a 52-week low of $111.63 and a 52-week high of $139.85.

Yum! Brands (NYSE:YUMGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The restaurant operator reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.02). The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.59 billion. Yum! Brands had a negative return on equity of 16.83% and a net margin of 23.92%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.07 EPS.

Institutional investors have recently added to or reduced their stakes in the company. Moors & Cabot Inc. grew its position in Yum! Brands by 222.8% in the 3rd quarter. Moors & Cabot Inc. now owns 25,000 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 17,255 shares in the last quarter. CVA Family Office LLC purchased a new stake in Yum! Brands during the fourth quarter valued at about $27,000. EverSource Wealth Advisors LLC purchased a new stake in Yum! Brands during the fourth quarter valued at about $30,000. Cornerstone Advisory LLC purchased a new stake in shares of Yum! Brands in the fourth quarter worth approximately $31,000. Finally, Riverview Trust Co purchased a new stake in shares of Yum! Brands in the first quarter worth approximately $31,000. Institutional investors and hedge funds own 79.23% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 11th. Shareholders of record on Friday, February 18th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.97%. Yum! Brands’s dividend payout ratio (DPR) is 43.68%.

About Yum! Brands (Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company 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.

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Earnings History and Estimates for Yum! Brands (NYSE:YUM)

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