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

Yum! Brands (NYSE:YUM) issued its quarterly 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. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.71 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 EPS.

Yum! Brands Stock Performance

NYSE YUM traded up $0.82 on Thursday, reaching $136.15. 1,243,758 shares of the stock traded hands, compared to its average volume of 1,987,436. The company has a fifty day moving average price of $138.30 and a 200-day moving average price of $131.40. The company has a market cap of $38.33 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 2.22 and a beta of 1.07. Yum! Brands has a 12 month low of $115.53 and a 12 month high of $143.20.

Analyst Ratings Changes

A number of brokerages have weighed in on YUM. Citigroup reduced their target price on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a report on Tuesday, April 23rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $135.00 target price on shares of Yum! Brands in a report on Thursday, January 4th. Guggenheim raised their target price on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. BMO Capital Markets increased their price target on Yum! Brands from $133.00 to $135.00 and gave the company a “market perform” rating in a research note on Thursday. Finally, Barclays lowered their target price on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a research report on Thursday, February 8th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $144.19.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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. Also, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the sale, the chief executive officer now owns 172,128 shares in the company, valued at approximately $23,817,351.36. 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.