Yum! Brands, Inc. Forecasted to Post Q2 2022 Earnings of $1.10 Per Share (NYSE:YUM)

Yum! Brands, Inc. (NYSE:YUMGet Rating) – Stock analysts at Oppenheimer dropped their Q2 2022 earnings per share estimates for Yum! Brands in a research note issued on Wednesday, May 4th. Oppenheimer analyst B. Bittner now anticipates that the restaurant operator will post earnings per share of $1.10 for the quarter, down from their previous estimate of $1.22.

Yum! Brands (NYSE:YUMGet Rating) last posted its earnings results on Wednesday, May 4th. The restaurant operator reported $1.05 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.02). Yum! Brands had a negative return on equity of 16.83% and a net margin of 23.92%. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. Yum! Brands’s quarterly revenue was up 4.1% compared to the same quarter last year.

Several other brokerages have also commented on YUM. BMO Capital Markets lowered their price objective on Yum! Brands from $140.00 to $130.00 in a research report on Thursday. Credit Suisse Group dropped their price target on Yum! Brands from $137.00 to $130.00 in a research note on Thursday. Bank of America initiated coverage on Yum! Brands in a report on Tuesday, January 11th. They set a “neutral” rating on the stock. StockNews.com assumed coverage on Yum! Brands in a report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, Morgan Stanley decreased their price target on Yum! Brands from $150.00 to $146.00 and set an “overweight” rating on the stock in a report on Thursday, April 14th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $139.31.

NYSE YUM opened at $115.62 on Friday. Yum! Brands has a 1-year low of $111.63 and a 1-year high of $139.85. The firm has a market cap of $33.32 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 2.06 and a beta of 1.04. The stock has a 50-day moving average of $119.21 and a 200-day moving average of $124.79.

Several hedge funds have recently bought and sold shares of the company. Camden National Bank purchased a new position in Yum! Brands in the fourth quarter worth $206,000. Lincoln National Corp grew its holdings in Yum! Brands by 27.2% in the 3rd quarter. Lincoln National Corp now owns 2,399 shares of the restaurant operator’s stock valued at $294,000 after buying an additional 513 shares during the period. Moors & Cabot Inc. grew its holdings in shares of Yum! Brands by 222.8% during the 3rd quarter. Moors & Cabot Inc. now owns 25,000 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 17,255 shares during the period. Advisory Services Network LLC grew its holdings in shares of Yum! Brands by 5.0% during the 3rd quarter. Advisory Services Network LLC now owns 7,162 shares of the restaurant operator’s stock worth $876,000 after purchasing an additional 340 shares during the period. Finally, Mission Wealth Management LP purchased a new stake in shares of Yum! Brands during the 3rd quarter worth about $208,000. 79.23% of the stock is owned by institutional investors and hedge funds.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 11th. Investors of record on Friday, February 18th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.97%. Yum! Brands’s dividend payout ratio (DPR) is 43.68%.

Yum! Brands Company Profile (Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company 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.

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