Analysts predict that Yum! Brands (NYSE:YUM) will report earnings per share (EPS) of $0.68 for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Yum! Brands’ earnings, with estimates ranging from $0.64 to $0.78. Yum! Brands posted earnings of $0.65 per share in the same quarter last year, which suggests a positive year over year growth rate of 4.6%. The business is expected to announce its next quarterly earnings results on Wednesday, May 2nd.

On average, analysts expect that Yum! Brands will report full year earnings of $3.27 per share for the current financial year, with EPS estimates ranging from $3.20 to $3.40. For the next fiscal year, analysts anticipate that the company will report earnings of $3.85 per share, with EPS estimates ranging from $3.72 to $4.05. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Yum! Brands.

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Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, February 8th. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.16. Yum! Brands had a negative return on equity of 17.27% and a net margin of 22.80%. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the business posted $0.79 earnings per share. Yum! Brands’s revenue was down 16.4% compared to the same quarter last year.

A number of research analysts have recently weighed in on YUM shares. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Saturday, January 13th. Barclays restated an “equal weight” rating and issued a $84.00 price target (up previously from $79.00) on shares of Yum! Brands in a research report on Tuesday, January 16th. Edward Jones upgraded Yum! Brands from a “hold” rating to a “buy” rating in a research report on Friday, January 26th. Instinet cut Yum! Brands from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 30th. Finally, Nomura cut Yum! Brands from a “buy” rating to a “neutral” rating and set a $89.00 price target for the company. in a research report on Tuesday, January 30th. Thirteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Yum! Brands currently has a consensus rating of “Buy” and an average target price of $83.64.

In other Yum! Brands news, CEO Brian R. Niccol sold 2,294 shares of the firm’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $84.90, for a total value of $194,760.60. Following the sale, the chief executive officer now directly owns 10,160 shares of the company’s stock, valued at approximately $862,584. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Brian R. Niccol sold 945 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $79.90, for a total value of $75,505.50. Following the completion of the sale, the chief executive officer now directly owns 10,785 shares in the company, valued at $861,721.50. The disclosure for this sale can be found here. Company insiders own 0.63% of the company’s stock.

A number of large investors have recently modified their holdings of YUM. Renaissance Technologies LLC acquired a new stake in Yum! Brands in the 4th quarter worth about $58,931,000. Magellan Asset Management Ltd boosted its stake in Yum! Brands by 4.1% in the 4th quarter. Magellan Asset Management Ltd now owns 16,076,881 shares of the restaurant operator’s stock worth $1,312,034,000 after buying an additional 632,560 shares during the last quarter. American Century Companies Inc. acquired a new stake in Yum! Brands in the 4th quarter worth about $33,729,000. Amundi Pioneer Asset Management Inc. boosted its stake in Yum! Brands by 19.6% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 2,128,020 shares of the restaurant operator’s stock worth $173,670,000 after buying an additional 349,120 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Yum! Brands by 28.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,236,678 shares of the restaurant operator’s stock worth $100,925,000 after buying an additional 271,210 shares during the last quarter. 74.94% of the stock is currently owned by hedge funds and other institutional investors.

Shares of YUM stock opened at $86.26 on Friday. Yum! Brands has a fifty-two week low of $63.73 and a fifty-two week high of $86.93. The firm has a market capitalization of $28,403.27, a PE ratio of 29.14, a PEG ratio of 2.05 and a beta of 0.84. The company has a debt-to-equity ratio of -1.49, a current ratio of 1.66 and a quick ratio of 1.65.

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About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Earnings History and Estimates for Yum! Brands (NYSE:YUM)

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