Yum! Brands (YUM) is expected to release quarterly results on Wednesday
Yum! Brands (NYSE:YUM – Get Rating) will announce its results before the market opens on Wednesday, May 4. Analysts expect the company to report earnings of $1.08 per share for the quarter. Investors wishing to listen to the company’s conference call can do so using this link.
Yum! Brands (NYSE:YUM – Get Rating) last released its quarterly results on Wednesday, February 9. The restaurateur reported earnings per share (EPS) of $1.02 for the quarter, missing the consensus estimate of $1.08 per ($0.06). Yum! The brands had a net margin of 23.92% and a negative return on equity of 16.83%. The company posted revenue of $1.89 billion for the quarter, compared to analysts’ estimates of $1.87 billion. In the same quarter last year, the company posted earnings per share of $1.15. On average, analysts expect Yum! Brands will show EPS of $5 for the current fiscal year and EPS of $5 for the next fiscal year.
YUM shares opened at $116.69 on Wednesday. Yum! Brands has a 1-year low of $111.63 and a 1-year high of $139.85. The stock has a market capitalization of $33.63 billion, a PE ratio of 22.35, a growth price-earnings ratio of 2.20 and a beta of 1.10. The company’s fifty-day moving average is $120.16 and its 200-day moving average is $125.15.
The company also recently announced a quarterly dividend, which was paid on Friday, March 11. Investors of record on Friday, February 18 received a dividend of $0.57. This represents a dividend of $2.28 on an annualized basis and a dividend yield of 1.95%. Yum! The brand distribution rate is 43.68%.
A number of stock analysts have recently released reports on the company. Cowen improved Yum! The brands moved from a “market performer” rating to an “outperformer” rating and raised their target price for the stock from $134.00 to $143.00 in a report on Thursday, February 17. StockNews.com picked up coverage of Yum! Brands in a report Thursday, March 31. They have set a “holding” rating on the stock. Citigroup assumed coverage on Yum! Brands in a report on Tuesday, April 12. They have set a “buy” rating and a price target of $156.00 on the stock. Bank of America assumed coverage on Yum! Brands in a report on Tuesday, January 11. They set a “neutral” rating on the stock. Finally, Morgan Stanley lowered its price target on Yum! The marks $150.00 to $146.00 and established an “overweight” rating on the stock in a Thursday, April 14 report. Nine equity research analysts gave the stock a hold rating and ten gave the company a buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $139.76.
Several large investors have recently changed their positions in YUM. EverSource Wealth Advisors LLC has acquired a new stake in the shares of Yum! The fourth quarter marks are worth around $30,000. Bank Julius Baer & Co. Ltd Zurich has increased its shareholding in Yum! Marks of 198.0% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 301 shares of the restaurateur worth $42,000 after buying 200 more shares during the period. Carroll Investors Inc bought a new stock position of Yum! The fourth quarter brands are worth around $63,000. Albion Financial Group UT increased its stake in shares of Yum! Marks 70.7% in the fourth quarter. Albion Financial Group UT now owns 775 shares of the restaurateur worth $108,000 after purchasing 321 additional shares during the period. Finally, Camden National Bank bought a new position in shares of Yum! The fourth quarter marks are worth around $206,000. 80.39% of the shares are held by institutional investors.
Yum! Company Profile (Get an evaluation)
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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