Analysts predict that Yum! Brands, Inc. (NYSE:YUM) will post $1.38 billion in sales for the current quarter, according to Zacks. Five analysts have provided estimates for Yum! Brands’ earnings, with estimates ranging from $1.36 billion to $1.40 billion. Yum! Brands posted sales of $1.44 billion in the same quarter last year, which suggests a negative year-over-year growth rate of 4.2%. The business is scheduled to issue its next earnings results on Thursday, November 1st.

On average, analysts expect that Yum! Brands will report full year sales of $5.72 billion for the current financial year, with estimates ranging from $5.63 billion to $5.78 billion. For the next fiscal year, analysts forecast that the company will report sales of $5.66 billion per share, with estimates ranging from $5.53 billion to $5.88 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Yum! Brands.

Yum! Brands (NYSE:YUM) last released its earnings results on Thursday, August 2nd. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.08. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.36 billion. Yum! Brands had a negative return on equity of 17.36% and a net margin of 27.95%. The company’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share.

YUM has been the topic of a number of recent research reports. ValuEngine lowered Yum! Brands from a “buy” rating to a “hold” rating in a report on Friday, June 1st. BMO Capital Markets reissued a “hold” rating and issued a $88.00 target price on shares of Yum! Brands in a report on Friday, August 3rd. UBS Group set a $91.00 target price on Yum! Brands and gave the company a “buy” rating in a report on Wednesday, May 30th. BTIG Research raised Yum! Brands from a “neutral” rating to a “buy” rating in a report on Wednesday, June 27th. They noted that the move was a valuation call. Finally, Citigroup boosted their target price on Yum! Brands from $80.00 to $87.00 and gave the company a “neutral” rating in a report on Tuesday, June 19th. Eleven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Yum! Brands has an average rating of “Buy” and an average target price of $86.76.

Shares of NYSE:YUM traded down $0.23 during trading on Wednesday, reaching $89.30. The company had a trading volume of 1,409,800 shares, compared to its average volume of 2,077,129. The firm has a market cap of $28.41 billion, a P/E ratio of 30.17, a PEG ratio of 2.00 and a beta of 0.86. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of -1.33. Yum! Brands has a fifty-two week low of $72.61 and a fifty-two week high of $89.85.

Yum! Brands declared that its Board of Directors has authorized a share buyback program on Friday, August 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the restaurant operator to buy up to 7.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 7th. Investors of record on Monday, August 20th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Friday, August 17th. Yum! Brands’s dividend payout ratio is presently 48.65%.

In related news, CFO David W. Gibbs sold 6,369 shares of the company’s stock in a transaction on Monday, September 17th. The stock was sold at an average price of $87.83, for a total transaction of $559,389.27. Following the transaction, the chief financial officer now owns 47,701 shares of the company’s stock, valued at $4,189,578.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.63% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Bruderman Asset Management LLC acquired a new position in Yum! Brands during the first quarter worth $176,000. Cerebellum GP LLC purchased a new stake in Yum! Brands during the second quarter worth $172,000. Gables Capital Management Inc. purchased a new stake in Yum! Brands during the first quarter worth $196,000. Ostrum Asset Management purchased a new stake in Yum! Brands during the first quarter worth $197,000. Finally, Qube Research & Technologies Ltd purchased a new stake in Yum! Brands during the second quarter worth $199,000. 71.36% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Company Profile

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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