Yum! Brands (NYSE:YUM) Receiving Somewhat Favorable Press Coverage, Analysis Shows
News stories about Yum! Brands (NYSE:YUM) have trended somewhat positive on Thursday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yum! Brands earned a news impact score of 0.23 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 47.0461484262315 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- This Is the Big Reason McDonald’s Wants to Have 4500 Restaurants in China – TheStreet.com (thestreet.com)
- Thai Beverage to buy KFC restaurants in fast-food push (businessmirror.com.ph)
- McDonald’s Hungry for Store Expansions After China Spinoff (caixinglobal.com)
- Taco Bell’s star begins to fade at Yum as sales underwhelm (myajc.com)
- Form 4 YUM BRANDS INC For: Jul 13 (streetinsider.com)
Shares of Yum! Brands (NYSE YUM) opened at 75.07 on Thursday. Yum! Brands has a one year low of $59.57 and a one year high of $76.62. The stock has a 50 day moving average price of $74.25 and a 200 day moving average price of $68.76. The stock has a market capitalization of $26.14 billion, a P/E ratio of 18.90 and a beta of 0.82.
Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the firm posted $0.75 earnings per share. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. Equities analysts forecast that Yum! Brands will post $2.81 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date was Wednesday, July 12th. Yum! Brands’s dividend payout ratio is presently 33.15%.
YUM has been the subject of a number of recent analyst reports. Zacks Investment Research raised Yum! Brands from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Wednesday, April 12th. BMO Capital Markets initiated coverage on Yum! Brands in a research note on Friday, April 21st. They issued a “market perform” rating and a $66.00 price objective for the company. Cowen and Company reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of Yum! Brands in a research note on Tuesday, April 25th. Royal Bank Of Canada upped their price objective on Yum! Brands from $72.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) raised Yum! Brands from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $57.00 to $65.00 in a research note on Thursday, May 11th. Fifteen investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $78.64.
In related news, CEO Brian R. Niccol sold 1,487 shares of the company’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 value of $109,770.34. Following the transaction, the chief executive officer now directly owns 6,719 shares in the company, valued at $495,996.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Brian R. Niccol sold 1,471 shares of the company’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 value of $106,853.44. Following the completion of the transaction, the chief executive officer now owns 6,712 shares in the company, valued at $487,559.68. The disclosure for this sale can be found here. Corporate insiders own 0.65% of the company’s stock.
Yum! Brands Company Profile
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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