Yum! Brands (NYSE: YUM) recently received a number of ratings updates from brokerages and research firms:

  • 8/9/2017 – Yum! Brands was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Yum! Brands’ second-quarter 2017 adjusted earnings per share of $0.68 beat the Zacks Consensus Estimate by 11.5% and rose 21% year over year (y/y). Total revenue of $1.45 billion fell 4% year over year but topped the consensus mark by nearly 3%. Notably, the company has performed quite well in the domestic and many key international markets. Following China business spin-off, Yum! Brands’ endeavors to drive growth by employing greater focus on the development of its three iconic global brands, increasing its franchise ownership, and creating a leaner, more efficient cost structure, bodes well. In fact, its shares have outpaced the industry ever since the separation. Increased focus on bold restaurant development should also drive growth. Yet, continual underperformance of Pizza Hut U.S. division, macroeconomic concerns and negative currency translation raise concern.”
  • 8/9/2017 – Yum! Brands had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $77.00 price target on the stock, up previously from $66.00.
  • 8/8/2017 – Yum! Brands was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $84.00 price target on the stock. According to Zacks, “Yum! Brands’ second-quarter 2017 adjusted earnings per share of $0.68 beat the Zacks Consensus Estimate by 11.5% and rose 21% year over year (y/y). Total revenue of $1.45 billion fell 4% year over year but topped the consensus mark by nearly 3%. Notably, the company has performed quite well in the domestic and many key international markets. Following China business spin-off, Yum! Brands’ endeavors to drive growth by employing greater focus on the development of its three iconic global brands, increasing its franchise ownership, and creating a leaner, more efficient cost structure, bodes well. In fact, its shares have outpaced the industry ever since the separation. Increased focus on bold restaurant development should also drive growth. Yet, continual underperformance of Pizza Hut U.S. division, macroeconomic concerns and negative currency translation raise concern.”
  • 8/4/2017 – Yum! Brands had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $83.00 price target on the stock.
  • 8/4/2017 – Yum! Brands had its price target raised by analysts at UBS AG from $76.00 to $83.00. They now have a “buy” rating on the stock.
  • 8/4/2017 – Yum! Brands had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $74.00 price target on the stock, up previously from $72.00.
  • 8/3/2017 – Yum! Brands had its price target raised by analysts at BMO Capital Markets from $66.00 to $77.00. They now have a “market perform” rating on the stock.
  • 8/2/2017 – Yum! Brands was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/1/2017 – Yum! Brands was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $85.00 price target on the stock. According to Zacks, “Yum! Brands has performed relatively well in the domestic and many key international markets. The strategic transformation plan of employing greater focus on the development of its three iconic global brands, increasing franchise ownership and creating a leaner, more efficient cost structure post the spin-off of its China division bodes well. In fact, the company’s efforts have started to reap benefits as shares have outpaced the industry, post separation. Enhanced focus on bold restaurant development and increased investments in technology-based initiatives should further drive growth. Notably, the company has positive record of earnings surprises in recent quarters while estimates have been stable ahead of its second-quarter earnings release. Yet, macroeconomic concerns and negative currency translation raise concern while refranchising efforts is likely to take time to play out.”
  • 7/27/2017 – Yum! Brands was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Yum! Brands has performed relatively well in the domestic and many key international markets. The strategic transformation plan of employing greater focus on the development of its three iconic global brands, increasing franchise ownership and creating a leaner, more efficient cost structure post the spin-off of its China division bodes well. In fact, the company’s efforts have started to reap benefits as shares have outpaced the industry, post separation. Enhanced focus on bold restaurant development and increased investments in technology-based initiatives should further drive growth. Notably, the company has positive record of earnings surprises in recent quarters while estimates have been stable ahead of its second-quarter earnings release. Yet, macroeconomic concerns and negative currency translation raise concern while refranchising efforts is likely to take time to play out.”
  • 7/25/2017 – Yum! Brands had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $80.00 price target on the stock.
  • 7/20/2017 – Yum! Brands was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $83.00 price target on the stock. According to Zacks, “Yum! Brands has performed relatively well in the domestic and many key international markets. The strategic transformation plan of employing greater focus on the development of its three iconic global brands, increasing franchise ownership and creating a leaner, more efficient cost structure post the spin-off of its China division bodes well. In fact, the company’s efforts have started to reap benefits as shares have outpaced the Zacks classified Retail–Restaurants industry, post separation. Enhanced focus on bold restaurant development and increased investments in technology-based initiatives should further drive growth. Notably, the company has positive record of earnings surprises in recent quarters while estimates have been stable ahead of its second-quarter earnings release. Yet, macroeconomic concerns and negative currency translation raise concern while refranchising efforts is likely to take time to play out.”
  • 7/10/2017 – Yum! Brands had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $75.00 price target on the stock, up previously from $71.00.
  • 7/3/2017 – Yum! Brands had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 7/1/2017 – Yum! Brands was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/24/2017 – Yum! Brands was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 6/15/2017 – Yum! Brands had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $75.00 price target on the stock.
  • 6/13/2017 – Yum! Brands had its “neutral” rating reaffirmed by analysts at Bank of America Corporation. They now have a $78.00 price target on the stock, up previously from $72.00.

Shares of Yum! Brands, Inc. (YUM) traded up 0.39% during trading on Thursday, reaching $75.36. 2,259,621 shares of the company traded hands. Yum! Brands, Inc. has a 12 month low of $59.57 and a 12 month high of $76.62. The firm has a market capitalization of $26.00 billion, a PE ratio of 20.01 and a beta of 0.82. The firm has a 50-day moving average price of $74.35 and a 200-day moving average price of $69.02.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping the consensus estimate of $0.61 by $0.07. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.75 earnings per share. Equities research analysts anticipate that Yum! Brands, Inc. will post $2.81 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend was Wednesday, July 12th. Yum! Brands’s dividend payout ratio is currently 33.15%.

In related news, CEO Brian R. Niccol sold 1,471 shares of the firm’s stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $72.64, for a total transaction of $106,853.44. Following the completion of the sale, the chief executive officer now directly owns 6,712 shares in the company, valued at $487,559.68. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $73.82, for a total transaction of $109,770.34. Following the sale, the chief executive officer now owns 6,719 shares of the company’s stock, valued at $495,996.58. The disclosure for this sale can be found here. Company insiders own 7.38% of the company’s stock.

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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