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

Yum! Brands (NYSE:YUM) issued its quarterly earnings results 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. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the prior year, the company posted $1.44 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis.

Yum! Brands Trading Up 0.7 %

NYSE YUM traded up $0.95 during trading on Friday, hitting $138.01. 201,751 shares of the company traded hands, compared to its average volume of 1,942,264. Yum! Brands has a 12 month low of $123.60 and a 12 month high of $143.20. The business has a fifty day simple moving average of $134.23 and a 200 day simple moving average 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 firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.94%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s payout ratio is 50.09%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Yum! Brands

In other news, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $137.92, for a total value of $974,956.48. Following the transaction, the chief executive officer now directly owns 159,132 shares of the company’s stock, valued at $21,947,485.44. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,622 shares of company stock worth $4,172,740. 0.31% of the stock is owned by corporate insiders.

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.