Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Yum! Brands (NYSE:YUM) Share Price
News coverage about Yum! Brands (NYSE:YUM) has trended somewhat positive on Thursday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yum! Brands earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 47.0461484262315 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- This Is the Big Reason McDonald’s Wants to Have 4500 Restaurants in China – TheStreet.com (thestreet.com)
- Thai Beverage to buy KFC restaurants in fast-food push (businessmirror.com.ph)
- McDonald’s Hungry for Store Expansions After China Spinoff (caixinglobal.com)
- Taco Bell’s star begins to fade at Yum as sales underwhelm (myajc.com)
- Form 4 YUM BRANDS INC For: Jul 13 (streetinsider.com)
Several analysts have recently weighed in on the company. BMO Capital Markets restated a “market perform” rating and set a $77.00 price target (up from $66.00) on shares of Yum! Brands in a report on Wednesday. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating in a report on Wednesday. Barclays PLC restated an “equal weight” rating and set a $74.00 price target (up from $72.00) on shares of Yum! Brands in a report on Friday, August 4th. UBS AG upped their target price on Yum! Brands from $76.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $83.00 target price on shares of Yum! Brands in a report on Friday, August 4th. Fifteen analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $78.64.
Yum! Brands (NYSE:YUM) opened at 75.07 on Thursday. The stock’s 50 day moving average price is $74.25 and its 200-day moving average price is $68.76. The firm has a market capitalization of $26.14 billion, a price-to-earnings ratio of 18.90 and a beta of 0.82. Yum! Brands has a 12 month low of $59.57 and a 12 month high of $76.62.
Yum! Brands (NYSE:YUM) last released its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.07. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. Equities analysts anticipate that Yum! Brands will post $2.81 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, August 4th. Shareholders of record on Friday, July 14th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend was Wednesday, July 12th. Yum! Brands’s dividend payout ratio (DPR) is 33.15%.
In other Yum! Brands news, CEO Brian R. Niccol sold 1,471 shares of the business’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $72.64, for a total value of $106,853.44. Following the sale, the chief executive officer now directly owns 6,712 shares of the company’s stock, valued at $487,559.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Brian R. Niccol sold 1,487 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $73.82, for a total value of $109,770.34. Following the completion of the sale, the chief executive officer now directly owns 6,719 shares in the company, valued at $495,996.58. The disclosure for this sale can be found here. Insiders own 0.65% of the company’s stock.
WARNING: This story was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.thecerbatgem.com/2017/08/10/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-yum-brands-nyseyum-share-price.html.
Yum! Brands Company Profile
YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.
Receive News & Stock Ratings for Yum! Brands Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands Inc. and related stocks with our FREE daily email newsletter.