Recent Research Analysts’ Ratings Changes for Yum Brands (YUM)
Yum Brands (NYSE: YUM) recently received a number of ratings updates from brokerages and research firms:
- 9/19/2016 – Yum Brands was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Yum! Brands China division posted flat comps in second quarter of 2016 after recording positive comps in the last three quarters, suggesting that a complete recovery will take more time. Moreover, sales in China, especially Pizza Hut Casual Dining, continue to decline. Additionally, slowdown in some of the emerging markets has been denting the company’s top-line growth. Estimates too have been going down ahead of the company’s third-quarter 2016 earnings release. Nonetheless, the company’s efforts to revive the U.S. business along with various sales and digital initiatives bode well. Moreover, the company has mostly positive record of earnings surprises in recent quarters. However, negative currency translation remains a concern given the company’s significant international presence.”
- 9/9/2016 – Yum Brands had its price target raised by analysts at Citigroup Inc. from $88.00 to $96.00. They now have a “neutral” rating on the stock.
- 9/7/2016 – Yum Brands had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $92.00 price target on the stock.
- 9/4/2016 – Yum Brands had its “hold” rating reaffirmed by analysts at BTIG Research.
Shares of Yum Brands Inc. (NYSE:YUM) traded up 0.89% on Wednesday, hitting $89.60. The stock had a trading volume of 1,332,363 shares. Yum Brands Inc. has a one year low of $64.58 and a one year high of $91.99. The company’s 50 day moving average is $89.33 and its 200 day moving average is $84.26. The stock has a market cap of $34.93 billion, a PE ratio of 27.00 and a beta of 0.81.
Yum Brands (NYSE:YUM) last announced its earnings results on Wednesday, July 13th. The restaurant operator reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.01. Yum Brands had a net margin of 10.97% and a return on equity of 213.02%. The business earned $3.01 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities research analysts predict that Yum Brands Inc. will post $3.69 EPS for the current fiscal year.
In other news, CEO Roger G. Eaton sold 26,282 shares of the stock in a transaction dated Thursday, June 23rd. The shares were sold at an average price of $85.55, for a total transaction of $2,248,425.10. Following the completion of the sale, the chief executive officer now owns 110,418 shares in the company, valued at $9,446,259.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tracy L. Skeans sold 1,793 shares of the stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of $90.02, for a total transaction of $161,405.86. The disclosure for this sale can be found here. Insiders own 7.38% of the company’s stock.
YUM! Brands, Inc (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept.
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