Yum! Brands (YUM) Scheduled to Post Quarterly Earnings on Wednesday

Yum! Brands (NYSE:YUM) is set to release its earnings data before the market opens on Wednesday, May 1st. Analysts expect Yum! Brands to post earnings of $1.21 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.31 EPS. 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 Trading Up 0.7 %

Yum! Brands stock opened at $140.10 on Wednesday. The company has a market capitalization of $39.44 billion, a P/E ratio of 25.06, a P/E/G ratio of 2.19 and a beta of 1.10. The firm’s fifty day simple moving average is $137.56 and its 200-day simple moving average is $130.54. Yum! Brands has a 1-year low of $115.53 and a 1-year high of $143.24.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on YUM shares. Barclays cut their price target on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, February 8th. JPMorgan Chase & Co. raised their price target on shares of Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a report on Tuesday, March 19th. Argus restated a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Guggenheim raised their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $135.00 target price on shares of Yum! Brands in a report on Thursday, January 4th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $144.75.

Insider Activity

In other news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the sale, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $136.34, for a total transaction of $963,514.78. Following the sale, the chief executive officer now directly owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the sale, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,064 shares of company stock worth $3,228,698. Corporate 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.