Yum! Brands (NYSE:YUM) Posts Earnings Results, Misses Expectations By $0.05 EPS

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

Yum! Brands Stock Down 0.2 %

YUM traded down $0.28 during trading hours on Thursday, reaching $135.05. 1,661,824 shares of the company’s stock traded hands, compared to its average volume of 1,991,575. The firm has a 50-day moving average price of $138.30 and a 200 day moving average price of $131.40. Yum! Brands has a 52-week low of $115.53 and a 52-week high of $143.20. The firm has a market capitalization of $38.02 billion, a PE ratio of 24.33, a PEG ratio of 2.22 and a beta of 1.07.

Analyst Ratings Changes

A number of analysts have recently issued reports on YUM shares. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price objective on the stock in a report on Friday, January 5th. BMO Capital Markets upped their price objective on shares of Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a research report on Thursday. Guggenheim upped their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Barclays increased their price target on Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $144.44.

Insider Buying and Selling at Yum! Brands

In other news, VP David Eric Russell sold 9,919 shares of the business’s 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 completion of the transaction, the vice president now directly owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Yum! Brands news, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $138.37, for a total transaction of $979,382.86. Following the transaction, the chief executive officer now owns 172,128 shares in the company, valued at $23,817,351.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David Eric Russell sold 9,919 shares of the stock in a transaction that occurred 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. Insiders sold a total of 24,064 shares of company stock valued at $3,228,698 in the last ninety days. 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.