Headlines about Yum! Brands (NYSE:YUM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Yum! Brands earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the restaurant operator an impact score of 46.0360421755074 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Yum! Brands, Inc. (NYSE:YUM) – In Play Stock Characteristics – Nasdaq Journal (nasdaqjournal.com)
- Form 4/A YUM BRANDS INC For: Feb 05 Filed by: Skeans Tracy L – StreetInsider.com (streetinsider.com)
- Zacks: Analysts Anticipate Yum! Brands, Inc. (YUM) Will Announce Quarterly Sales of $1.61 Billion (americanbankingnews.com)
- Stock’s Technical Analysis: Yum! Brands Inc (NYSE: YUM) – Alpha Beta Stock (alphabetastock.com)
- Yum! Brands Enters Oversold Territory (YUM) – Nasdaq (nasdaq.com)
Shares of Yum! Brands (NYSE:YUM) opened at $80.13 on Thursday. The company has a debt-to-equity ratio of -1.55, a quick ratio of 1.41 and a current ratio of 1.42. Yum! Brands has a 1 year low of $62.85 and a 1 year high of $86.93. The stock has a market cap of $27,000.00, a PE ratio of 46.86, a price-to-earnings-growth ratio of 1.91 and a beta of 0.95.
Yum! Brands announced that its board has initiated a stock repurchase plan on Friday, November 17th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.
A number of research analysts recently commented on the company. Instinet cut Yum! Brands from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 30th. Nomura cut Yum! Brands from a “buy” rating to a “neutral” rating and set a $89.00 target price on the stock. in a research note on Tuesday, January 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $89.00 target price (down previously from $92.00) on shares of Yum! Brands in a research note on Friday, February 2nd. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Finally, Robert W. Baird reissued a “hold” rating and issued a $78.00 target price on shares of Yum! Brands in a research note on Thursday, October 12th. Fourteen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $81.95.
In other Yum! Brands news, CEO Brian R. Niccol sold 1,104 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $82.37, for a total transaction of $90,936.48. Following the completion of the sale, the chief executive officer now directly owns 5,509 shares in the company, valued at $453,776.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Brian R. Niccol sold 927 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $83.46, for a total transaction of $77,367.42. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,325 shares of company stock valued at $363,065. Company insiders own 0.65% of the company’s stock.
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About Yum! Brands
YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.
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