Analysts Expect Yum! Brands, Inc. (NYSE:YUM) to Announce $1.13 EPS

Equities research analysts expect Yum! Brands, Inc. (NYSE:YUM) to announce earnings of $1.13 per share for the current quarter, according to Zacks. Seven analysts have made estimates for Yum! Brands’ earnings. The lowest EPS estimate is $1.03 and the highest is $1.20. Yum! Brands posted earnings per share of $0.40 during the same quarter last year, which would suggest a positive year-over-year growth rate of 182.5%. The company is scheduled to announce its next earnings report on Thursday, February 6th.

On average, analysts expect that Yum! Brands will report full-year earnings of $3.73 per share for the current financial year, with EPS estimates ranging from $3.59 to $3.89. For the next financial year, analysts anticipate that the firm will report earnings of $4.16 per share, with EPS estimates ranging from $4.05 to $4.31. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Yum! Brands.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.14). Yum! Brands had a negative return on equity of 11.69% and a net margin of 20.88%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the firm earned $1.04 earnings per share. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis.

A number of research analysts have issued reports on YUM shares. Robert W. Baird decreased their target price on Yum! Brands from $127.00 to $120.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. ValuEngine cut Yum! Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Evercore ISI reissued a “buy” rating and issued a $130.00 target price on shares of Yum! Brands in a research note on Tuesday, August 13th. BTIG Research boosted their target price on Yum! Brands to $130.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Stifel Nicolaus decreased their target price on Yum! Brands from $110.00 to $105.00 and set a “hold” rating for the company in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $112.88.

In other news, President David W. Gibbs sold 1,578 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $110.48, for a total value of $174,337.44. Following the sale, the president now directly owns 42,928 shares in the company, valued at $4,742,685.44. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President David W. Gibbs sold 1,521 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $98.63, for a total value of $150,016.23. Following the completion of the sale, the president now owns 43,279 shares in the company, valued at $4,268,607.77. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,071 shares of company stock worth $1,835,534. Corporate insiders own 0.67% of the company’s stock.

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Several institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Yum! Brands by 13.3% in the second quarter. BlackRock Inc. now owns 25,133,613 shares of the restaurant operator’s stock valued at $2,781,538,000 after purchasing an additional 2,947,074 shares in the last quarter. Vanguard Group Inc. raised its holdings in Yum! Brands by 2.0% during the second quarter. Vanguard Group Inc. now owns 23,449,609 shares of the restaurant operator’s stock worth $2,595,169,000 after acquiring an additional 452,824 shares in the last quarter. Sustainable Growth Advisers LP raised its holdings in Yum! Brands by 0.4% during the second quarter. Sustainable Growth Advisers LP now owns 4,525,321 shares of the restaurant operator’s stock worth $500,817,000 after acquiring an additional 18,214 shares in the last quarter. Northern Trust Corp raised its holdings in Yum! Brands by 1.0% during the second quarter. Northern Trust Corp now owns 3,954,878 shares of the restaurant operator’s stock worth $437,687,000 after acquiring an additional 39,444 shares in the last quarter. Finally, APG Asset Management N.V. raised its holdings in Yum! Brands by 41.3% during the second quarter. APG Asset Management N.V. now owns 3,505,024 shares of the restaurant operator’s stock worth $340,623,000 after acquiring an additional 1,024,300 shares in the last quarter. Institutional investors own 76.07% of the company’s stock.

NYSE:YUM traded down $0.10 on Friday, reaching $98.18. The company’s stock had a trading volume of 578,231 shares, compared to its average volume of 2,684,818. Yum! Brands has a 1-year low of $86.10 and a 1-year high of $119.72. The firm has a market cap of $29.73 billion, a PE ratio of 30.97, a PEG ratio of 2.16 and a beta of 0.48. The business’s 50-day moving average price is $107.23 and its two-hundred day moving average price is $109.71.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 21st will be issued a $0.42 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.71%. Yum! Brands’s dividend payout ratio (DPR) is 53.00%.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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