Brokerages Anticipate Yum! Brands (YUM) to Post $0.68 Earnings Per Share

Wall Street analysts expect Yum! Brands (NYSE:YUM) to post earnings per share (EPS) of $0.68 for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for Yum! Brands’ earnings. The lowest EPS estimate is $0.64 and the highest is $0.78. Yum! Brands reported earnings of $0.65 per share in the same quarter last year, which would indicate a positive year over year growth rate of 4.6%. The business is scheduled to announce its next quarterly earnings report on Wednesday, May 2nd.

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

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Yum! Brands (NYSE:YUM) last issued its earnings results on Thursday, February 8th. The restaurant operator reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.16. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.59 billion. Yum! Brands had a net margin of 22.80% and a negative return on equity of 17.27%. Yum! Brands’s revenue for the quarter was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.79 earnings per share.

A number of research firms recently issued reports on YUM. Instinet downgraded shares of Yum! Brands from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 30th. Zacks Investment Research downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Edward Jones raised shares of Yum! Brands from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Nomura downgraded shares of Yum! Brands from a “buy” rating to a “neutral” rating and set a $89.00 price target on the stock. in a research note on Tuesday, January 30th. Finally, Mizuho set a $82.00 price target on shares of Yum! Brands and gave the company a “hold” rating in a research note on Wednesday, April 4th. Thirteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $83.64.

Yum! Brands stock opened at $86.26 on Friday. The firm has a market cap of $28,403.27, a P/E ratio of 29.14, a price-to-earnings-growth ratio of 2.05 and a beta of 0.84. The company has a current ratio of 1.66, a quick ratio of 1.65 and a debt-to-equity ratio of -1.49. Yum! Brands has a 52-week low of $63.73 and a 52-week high of $86.93.

In related news, CEO Brian R. Niccol sold 945 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $79.90, for a total value of $75,505.50. Following the transaction, the chief executive officer now owns 10,785 shares of the company’s stock, valued at approximately $861,721.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $194,760.60. Following the completion of the transaction, the chief executive officer now directly owns 10,160 shares in the company, valued at approximately $862,584. The disclosure for this sale can be found here. Corporate insiders own 0.63% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Hall Capital Management Co. Inc. increased its stake in Yum! Brands by 5.1% in the 4th quarter. Hall Capital Management Co. Inc. now owns 12,820 shares of the restaurant operator’s stock worth $1,046,000 after buying an additional 625 shares during the period. MML Investors Services LLC increased its stake in Yum! Brands by 5.9% in the 4th quarter. MML Investors Services LLC now owns 11,622 shares of the restaurant operator’s stock worth $948,000 after buying an additional 644 shares during the period. Daiwa Securities Group Inc. increased its stake in Yum! Brands by 2.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 25,393 shares of the restaurant operator’s stock worth $2,072,000 after buying an additional 652 shares during the period. Iowa State Bank increased its stake in Yum! Brands by 3.1% in the 4th quarter. Iowa State Bank now owns 22,353 shares of the restaurant operator’s stock worth $1,824,000 after buying an additional 663 shares during the period. Finally, Advisory Services Network LLC increased its stake in Yum! Brands by 54.2% in the 4th quarter. Advisory Services Network LLC now owns 1,921 shares of the restaurant operator’s stock worth $157,000 after buying an additional 675 shares during the period. 74.94% of the stock is currently owned by institutional investors.

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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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