Yum! Brands (NYSE:YUM) Posts Earnings Results, Misses Expectations By $0.04 EPS

Yum! Brands (NYSE:YUM) announced its quarterly earnings data on Tuesday. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04), Briefing.com reports. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. Yum! Brands’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.44 earnings per share.

Yum! Brands Trading Up 0.7 %

YUM stock traded up $0.95 during trading on Friday, reaching $138.01. The stock had a trading volume of 201,751 shares, compared to its average volume of 1,942,264. Yum! Brands has a 1-year low of $123.60 and a 1-year high of $143.20. The firm has a fifty day moving average price of $134.23 and a 200 day moving average price of $134.81. The company has a market capitalization of $38.80 billion, a P/E ratio of 25.62, a PEG ratio of 2.13 and a beta of 1.10.

Yum! Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.94%. Yum! Brands’s dividend payout ratio is currently 50.09%.

Insider Activity at Yum! Brands

In other Yum! Brands news, insider Scott Catlett sold 8,234 shares of the stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the transaction, the insider now directly owns 29,159 shares in the company, valued at $4,017,818.61. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total transaction of $974,956.48. Following the completion of the transaction, the chief executive officer now directly owns 159,132 shares in the company, valued at $21,947,485.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott Catlett sold 8,234 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the transaction, the insider now directly owns 29,159 shares of the company’s stock, valued at approximately $4,017,818.61. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,622 shares of company stock valued at $4,172,740. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on YUM shares. Morgan Stanley reduced their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. TD Cowen reaffirmed a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price objective on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday. Robert W. Baird upped their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, Bank of America dropped their price target on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $145.94.

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.