Yum! Brands, Inc. (NYSE:YUM) has earned an average rating of “Hold” from the twenty-one analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $126.33.
A number of equities analysts have recently commented on the stock. Cowen raised their price objective on shares of Yum! Brands from $117.00 to $134.00 and gave the company a “market perform” rating in a research report on Friday, July 30th. Guggenheim began coverage on shares of Yum! Brands in a research report on Monday, July 26th. They set a “buy” rating and a $135.00 price target for the company. BMO Capital Markets increased their price objective on Yum! Brands from $120.00 to $138.00 and gave the stock a “market perform” rating in a research report on Friday, July 30th. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating and set a $132.00 target price for the company. in a research report on Tuesday, September 28th. Finally, Loop Capital started coverage on Yum! Brands in a research note on Tuesday, October 5th. They issued a “hold” rating and a $120.00 target price on the stock.
In other news, COO Tracy L. Skeans sold 4,894 shares of the business’s stock in a transaction that occurred on Tuesday, July 27th. The stock was sold at an average price of $125.00, for a total value of $611,750.00. Following the sale, the chief operating officer now directly owns 19,050 shares of the company’s stock, valued at approximately $2,381,250. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Tracy L. Skeans sold 18,824 shares of Yum! Brands stock in a transaction dated Friday, July 30th. The stock was sold at an average price of $129.71, for a total value of $2,441,661.04. Following the completion of the transaction, the chief operating officer now directly owns 20,729 shares of the company’s stock, valued at approximately $2,688,758.59. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,735 shares of company stock valued at $3,984,227. Insiders own 0.37% of the company’s stock.
NYSE:YUM opened at $123.52 on Monday. Yum! Brands has a 1 year low of $92.22 and a 1 year high of $135.77. The stock’s fifty day moving average price is $129.03 and its two-hundred day moving average price is $122.12. The company has a market cap of $36.52 billion, a P/E ratio of 28.33, a P/E/G ratio of 2.44 and a beta of 1.09.
Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, July 28th. The restaurant operator reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.21. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Yum! Brands had a negative return on equity of 16.99% and a net margin of 21.21%. During the same quarter in the prior year, the firm posted $0.82 EPS. Equities analysts forecast that Yum! Brands will post 4.43 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 10th. Shareholders of record on Friday, August 27th were paid a $0.50 dividend. The ex-dividend date was Thursday, August 26th. This represents a $2.00 dividend on an annualized basis and a yield of 1.62%. Yum! Brands’s dividend payout ratio (DPR) is currently 55.25%.
Yum! Brands Company Profile
Yum! Brands, Inc operates as a service restaurant company. The firm engages in the development, operation, franchise, and licenses a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, Taco Bell Division, and Habit Burger Grill Division. The KFC Division segment comprises of all operations of the KFC concept.
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