Yum! Brands (YUM) Set to Announce Quarterly Earnings on Wednesday

Yum! Brands (NYSE:YUM) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.21 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The company’s revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm earned $1.31 EPS. On average, analysts expect Yum! Brands to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Yum! Brands Trading Up 0.1 %

NYSE YUM opened at $141.77 on Monday. The company’s 50-day moving average price is $137.98 and its 200-day moving average price is $131.01. The stock has a market cap of $39.91 billion, a PE ratio of 25.36, a PEG ratio of 2.23 and a beta of 1.10. Yum! Brands has a 12 month low of $115.53 and a 12 month high of $143.24.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on YUM. TD Cowen restated a “buy” rating and issued a $160.00 price target on shares of Yum! Brands in a report on Wednesday, April 10th. Citigroup decreased their price target on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Argus reissued a “hold” rating on shares of Yum! Brands in a research report on Wednesday, April 10th. Stifel Nicolaus reissued a “hold” rating and set a $135.00 price target on shares of Yum! Brands in a research report on Thursday, January 4th. Finally, Barclays decreased their price target on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a research report on Thursday, February 8th. Ten analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and a consensus target price of $144.75.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the transaction, the vice president now owns 18,661 shares in the company, valued at approximately $2,419,025.43. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,064 shares of company stock worth $3,228,698. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Company Profile

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