Yum! Brands (NYSE:YUM) PT lowered to $142.00
Yum! Brands (NYSE:YUM – Get a Rating) saw its price target lowered by Morgan Stanley stock research analysts from $146.00 to $142.00 in a report on Monday, reports The Fly. Morgan Stanley’s price target points to a potential upside of 20.19% from the stock’s previous close.
Several other equity research analysts have also recently released reports on the stock. Credit Suisse Group has lowered its price target on shares of Yum! Marks $137.00-$130.00 in a research note from Thursday, May 5. Deutsche Bank Aktiengesellschaft lowered its price target on shares of Yum! Marks $142.00 to $136.00 in a Thursday, May 5 report. Barclays lowered its price target on shares of Yum! Marks $124.00 to $120.00 and established an “equal weight” rating for the company in a Thursday, June 9 report. StockNews.com has started covering shares of Yum! Brands in a report Thursday, March 31. They set a “hold” rating for the company. Finally, BMO Capital Markets lowered its price target on shares of Yum! Marks from $140.00 to $130.00 in a Thursday, May 5 report. Seven research analysts gave the stock a hold rating and eleven gave the company a buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.00.
Yum! Brand price performance
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Yum! Shares of Brands opened at $118.15 on Monday. Yum! Brands has a 12-month low of $108.37 and a 12-month high of $139.85. The company has a market capitalization of $33.69 billion, a price-to-earnings ratio of 21.44, a growth price-to-earnings ratio of 2.17 and a beta of 1.02. The company’s fifty-day moving average price is $114.73 and its 200-day moving average price is $119.72.
Yum! Brands (NYSE:YUM – Get Rating) last released its quarterly results on Wednesday, May 4. The restaurateur reported earnings per share (EPS) of $1.05 for the quarter, missing the consensus estimate of $1.07 per ($0.02). Yum! The brands had a negative return on equity of 16.34% and a net margin of 24.80%. The company posted revenue of $1.55 billion for the quarter, versus $1.59 billion for analysts. During the same period last year, the company achieved EPS of $1.07. The company’s quarterly revenue increased 4.1% year over year. Analysts predict that Yum! The brands will post 4.65 earnings per share for the current fiscal year.
Institutional trading of Yum! Brands
A number of hedge funds and other institutional investors have recently changed their positions in YUM. BlackRock Inc. increased its stock holdings of Yum! Marks 28.4% during the fourth quarter. BlackRock Inc. now owns 24,554,583 shares of the restaurant owner valued at $3,409,651,000 after acquiring an additional 5,430,918 shares during the period. State Street Corp increased its position in Yum! 3.3% marks in the fourth quarter. State Street Corp now owns 12,660,880 shares of the restaurateur valued at $1,758,090,000 after purchasing an additional 399,872 shares last quarter. Capital World Investors added to its position in Yum! Marks 19.6% in the first quarter. Capital World Investors now owns 5,507,237 shares of the restaurateur worth $652,773,000 after acquiring 901,181 additional shares last quarter. Capital International Investors increased its position in Yum! Marks 1.6% in the first quarter. Capital International Investors now owns 4,365,517 shares of the restaurateur worth $517,792,000 after acquiring 67,468 additional shares last quarter. Finally, Victory Capital Management Inc. increased its position in Yum! Marks 15.9% in the first quarter. Victory Capital Management Inc. now owns 4,066,497 shares of the restaurateur worth $481,372,000 after acquiring an additional 558,053 shares last quarter. 79.23% of the shares are currently held by institutional investors.
About Yum! Brands
(Get a rating)
YUM! Brands, Inc., together with its subsidiaries, develops, operates and franchises quick service restaurants worldwide. It operates through four segments: KFC Division, Taco Bell Division, Pizza Hut Division and Habit Burger Grill Division. The Company operates restaurants under the KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands, which specialize in chicken, pizza, grilled-to-order burgers, sandwiches, Mexican-style food categories and diners. other food products.
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