The stock of Yum! Brands Inc. (NYSE:YUM) last traded at $130.26, down -0.47% from the previous session.
Data from the available sources indicates that Yum! Brands Inc. (NYSE:YUM) is covered by 26 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $172.00 and a low of $132.00, we find $147.50. Given the previous closing price of $130.87, this indicates a potential upside of 12.71 percent. YUM stock price is now -3.03% away from the 50-day moving average and 4.23% away from the 200-day moving average. The market capitalization of the company currently stands at $36.53B.
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In total, 14 analysts have assigned it a hold rating, and 8 have given it a buy rating. Brokers who have rated the stock have averaged $147.65 as their price target over the next twelve months.
In other news, Gibbs David W, Chief Executive Officer sold 3,920 shares of the company’s stock on May 15. The stock was sold for $544,488 at an average price of $138.90. Upon completion of the transaction, the Chief Executive Officer now directly owns 57,325 shares in the company, valued at $7.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 28, Chief Legal &Franchise Officer Catlett Scott sold 2,553 shares of the business’s stock. A total of $357,420 was realized by selling the stock at an average price of $140.00. This leaves the insider owning 11,724 shares of the company worth $1.53 million. Insiders disposed of 101,839 shares of company stock worth roughly $13.27 million over the past 1 year. A total of 0.10% 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 OFI INVEST ASSET MANAGEMENT during the first quarter worth $5,764,913,000. CANDLESTICK CAPITAL MANAGEMENT LP invested $65,871,000 in shares of YUM during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Yum! Brands Inc. valued at approximately $53,412,000. SUVRETTA CAPITAL MANAGEMENT, LLC acquired a new stake in YUM for approximately $51,589,000. ABEILLE ASSET MANAGEMENT SA purchased a new stake in YUM valued at around $43,127,000 in the second quarter. In total, there are 1,542 active investors with 80.10% ownership of the company’s stock.
With an opening price of $130.69 on Thursday morning, Yum! Brands Inc. (NYSE: YUM) set off the trading day. During the past 12 months, Yum! Brands Inc. has had a low of $103.96 and a high of $143.24. According to the stock market information, the enterprise value for the company is $52.31B, which is based on a 30.56 price-to-earnings ratio, a 2.18 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for YUM is $134.40 and a two-hundred day moving average price translates $125.04 for the stock.
The latest earnings results from Yum! Brands Inc. (NYSE: YUM) was released for Mar, 2023. According to the Restaurants Company, earnings per share came in at $1.06, missing analysts’ expectations of $1.13 by -0.07. This compares to $1.36 EPS in the same period last year. The net profit margin was 17.70% and return on equity was -14.10% for YUM. The company reported revenue of $1.65 billion for the quarter, compared to $1.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.33 percent. For the current quarter, analysts expect YUM to generate $1.75B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/09/2023. Investors who held shares on 05/30/2023 were paid a $0.605 dividend. On an annualized basis, this represents a $2.42 dividend and a 1.86% percent yield. There was an ex-dividend date of 05/26/2023 for this dividend. In terms of dividend payout ratio, YUM is presently at 53.50%.
Yum! Brands Inc.(YUM) Company Profile
Yum! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. It 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. 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.
