Equities analysts expect that Yum! Brands, Inc. (NYSE:YUM) will report earnings of $0.65 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have made estimates for Yum! Brands’ earnings, with estimates ranging from $0.59 to $0.72. Yum! Brands reported earnings per share of $1.09 during the same quarter last year, which indicates a negative year-over-year growth rate of 40.4%. The business is scheduled to announce its next earnings results on Wednesday, October 4th.

According to Zacks, analysts expect that Yum! Brands will report full year earnings of $2.80 per share for the current year, with EPS estimates ranging from $2.72 to $2.87. For the next fiscal year, analysts forecast that the company will report earnings of $3.18 per share, with EPS estimates ranging from $3.10 to $3.25. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Yum! Brands.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. Yum! Brands’s revenue was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 earnings per share.

A number of analysts have recently weighed in on YUM shares. Royal Bank Of Canada reissued an “outperform” rating and set a $83.00 price objective on shares of Yum! Brands in a research note on Monday, September 11th. BidaskClub raised shares of Yum! Brands from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 2nd. Argus reissued a “buy” rating and issued a $88.00 price target (up previously from $80.00) on shares of Yum! Brands in a report on Wednesday, August 23rd. Cowen and Company reissued a “buy” rating and issued a $85.00 price target on shares of Yum! Brands in a report on Friday, September 8th. Finally, Robert W. Baird restated a “hold” rating and issued a $78.00 price objective on shares of Yum! Brands in a research report on Friday, September 8th. Fourteen research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $79.64.

In other news, CFO David W. Gibbs sold 8,336 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $74.00, for a total value of $616,864.00. Following the completion of the sale, the chief financial officer now directly owns 39,664 shares in the company, valued at approximately $2,935,136. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.65% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Yum! Brands by 3.3% in the second quarter. Vanguard Group Inc. now owns 22,604,873 shares of the restaurant operator’s stock worth $1,667,335,000 after buying an additional 711,910 shares in the last quarter. BlackRock Inc. raised its stake in shares of Yum! Brands by 2,392.9% in the first quarter. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator’s stock worth $1,281,452,000 after buying an additional 19,249,564 shares during the period. Magellan Asset Management Ltd raised its stake in shares of Yum! Brands by 2.0% in the second quarter. Magellan Asset Management Ltd now owns 15,446,852 shares of the restaurant operator’s stock worth $1,139,360,000 after buying an additional 308,387 shares during the period. Loomis Sayles & Co. L P raised its stake in shares of Yum! Brands by 0.3% in the first quarter. Loomis Sayles & Co. L P now owns 6,379,688 shares of the restaurant operator’s stock worth $407,662,000 after buying an additional 17,799 shares during the period. Finally, Morgan Stanley raised its stake in shares of Yum! Brands by 82.4% in the first quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator’s stock worth $303,987,000 after buying an additional 2,148,751 shares during the period. Institutional investors own 72.06% of the company’s stock.

Shares of Yum! Brands (YUM) traded up 0.19% on Monday, reaching $73.75. The company had a trading volume of 2,154,956 shares. Yum! Brands has a one year low of $59.57 and a one year high of $78.14. The company’s 50-day moving average is $76.04 and its 200-day moving average is $71.06. The company has a market capitalization of $25.43 billion, a PE ratio of 19.58 and a beta of 0.81.

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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.

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

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