The stock of Yum! Brands Inc. (NYSE:YUM) last traded at $128.27, down -1.80% from the previous session.
Data from the available sources indicates that Yum! Brands Inc. (NYSE:YUM) is covered by 30 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $160.00 and a low of $120.00, we find $133.15. Given the previous closing price of $130.62, this indicates a potential upside of 1.94 percent. YUM stock price is now 9.39% away from the 50-day moving average and 9.61% away from the 200-day moving average. The market capitalization of the company currently stands at $36.00B.
In total, 16 analysts have assigned it a hold rating, and 10 have given it a buy rating. Brokers who have rated the stock have averaged $135.20 as their price target over the next twelve months.
With the price target maintained at $142, Argus recently Upgraded its rating from Hold to Buy for Yum! Brands Inc. (NYSE: YUM). On September 08, 2022, Bernstein recently initiated its ‘Outperform’ rating on the stock quoting a target price of $144, while ‘Argus’ rates the stock as ‘Hold’.
In other news, GRADDICK WEIR MIRIAN M, Director sold 1,215 shares of the company’s stock on Aug 12. The stock was sold for $143,734 at an average price of $118.30. Upon completion of the transaction, the Director now directly owns 1,233 shares in the company, valued at $0.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 10, Vice President, Controller Russell David Eric sold 4,454 shares of the business’s stock. A total of $527,888 was realized by selling the stock at an average price of $118.52. This leaves the insider owning 17,266 shares of the company worth $2.21 million. Insiders disposed of 51,264 shares of company stock worth roughly $6.58 million over the past 1 year. A total of 0.11% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in YUM stock. A new stake in Yum! Brands Inc. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $2,325,177,000. TWINBEECH CAPITAL LP invested $19,276,000 in shares of YUM during the first quarter. In the first quarter, LA FINANCIERE DE L’ECHIQUIER acquired a new stake in Yum! Brands Inc. valued at approximately $10,127,000. QUANTBOT TECHNOLOGIES LP acquired a new stake in YUM for approximately $9,697,000. AMALGAMATED FINANCIAL CORP. purchased a new stake in YUM valued at around $9,492,000 in the second quarter. In total, there are 1,422 active investors with 80.10% ownership of the company’s stock.
During the past 12 months, Yum! Brands Inc. has had a low of $103.96 and a high of $139.85. The fifty day moving average price for YUM is $117.66 and a two-hundred day moving average price translates $117.05 for the stock.
The latest earnings results from Yum! Brands Inc. (NYSE: YUM) was released for Jun, 2022. According to the Restaurants Company, earnings per share came in at $1.05, missing analysts’ expectations of $1.09 by -0.04. This compares to $1.75 EPS in the same period last year. The net profit margin was 19.10% and return on equity was -15.10% for YUM. The company reported revenue of $1.64 billion for the quarter, compared to $1.61 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.12 percent. For the current quarter, analysts expect YUM to generate $1.63B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/09/2022. Investors who held shares on 11/25/2022 were paid a $0.57 dividend. On an annualized basis, this represents a $2.28 dividend and a 1.78% percent yield. There was an ex-dividend date of 11/23/2022 for this dividend. In terms of dividend payout ratio, YUM is presently at 49.70%.
Yum! Brands Inc.(YUM) Company Profile
YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products. As of December 31, 2021, it had 26,934 KFC units; 18,381 Pizza Hut units; 7,791 Taco Bell units; and 318 The Habit Burger Grill units in approximately 157 countries and territories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was incorporated in 1997 and is headquartered in Louisville, Kentucky.