Yum! Brands (NYSE:YUM) Posts Quarterly Earnings Results

Yum! Brands (NYSE:YUM) posted its quarterly earnings data on Wednesday. The restaurant operator reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05), Briefing.com reports. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the business earned $1.06 EPS. Yum! Brands’s revenue was down 2.9% compared to the same quarter last year.

Yum! Brands Stock Up 0.6 %

NYSE YUM traded up $0.82 during trading hours on Thursday, hitting $136.15. The company’s stock had a trading volume of 1,243,758 shares, compared to its average volume of 1,987,436. Yum! Brands has a twelve month low of $115.53 and a twelve month high of $143.20. The firm has a market capitalization of $38.33 billion, a P/E ratio of 24.31, a PEG ratio of 2.22 and a beta of 1.07. The stock has a fifty day moving average of $138.30 and a 200 day moving average of $131.40.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Barclays decreased their price objective on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a research note on Thursday, February 8th. Guggenheim raised their target price on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. 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 report on Tuesday, April 23rd. BMO Capital Markets lifted their price objective on Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a research note on Thursday. Finally, Argus reiterated a “hold” rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and an average price target of $144.19.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $138.37, for a total transaction of $979,382.86. Following the completion of the transaction, the chief executive officer now directly owns 172,128 shares in the company, valued at approximately $23,817,351.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO David W. Gibbs sold 7,078 shares of Yum! Brands stock in a transaction on Monday, April 15th. The shares were sold at an average price of $138.37, for a total transaction of $979,382.86. Following the transaction, the chief executive officer now directly owns 172,128 shares of the company’s stock, valued at $23,817,351.36. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction dated 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 $23,910,900.18. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,064 shares of company stock valued at $3,228,698. Company 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.