News stories about Yum! Brands (NYSE:YUM) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Yum! Brands earned a news impact score of 0.22 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 46.0111724767945 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Cowen and Company Reiterates Buy Rating for Yum! Brands, Inc. (YUM) (americanbankingnews.com)
- Yum! Brands’ (YUM) Hold Rating Reiterated at Robert W. Baird (americanbankingnews.com)
- CIBC Boosts Yum! Brands, Inc. (YUM) Price Target to $85.00 (americanbankingnews.com)
- Yum! Brands, Inc. (YUM) Price Target Increased to $85.00 by Analysts at Oppenheimer Holdings, Inc. (americanbankingnews.com)
- A Technical Strategy for Toll Brothers, Inc. (TOL), Yum! Brands, Inc. (YUM) – AllStockNews (allstocknews.com)
Yum! Brands (YUM) traded up 0.01% on Friday, reaching $76.48. 1,376,166 shares of the company’s stock traded hands. The firm’s 50-day moving average is $75.72 and its 200 day moving average is $70.44. Yum! Brands has a 12 month low of $59.43 and a 12 month high of $77.48. The firm has a market cap of $26.37 billion, a PE ratio of 20.30 and a beta of 0.83.
Yum! Brands (NYSE:YUM) last issued its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.07. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.42 billion. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. Yum! Brands’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Equities analysts predict that Yum! Brands will post $2.82 EPS for the current year.
YUM has been the topic of a number of analyst reports. Argus upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and increased their price objective for the stock from $69.95 to $80.00 in a research note on Tuesday, May 16th. BMO Capital Markets reiterated a “hold” rating and set a $66.00 price objective on shares of Yum! Brands in a research note on Monday, May 22nd. Instinet reiterated a “buy” rating and set a $78.00 price objective on shares of Yum! Brands in a research note on Sunday, May 28th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $78.00 price objective (up from $75.00) on shares of Yum! Brands in a research note on Tuesday, May 30th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $71.00 price objective (up from $68.00) on shares of Yum! Brands in a research note on Tuesday, May 30th. Fifteen equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $80.31.
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In other news, CFO David W. Gibbs sold 8,336 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $74.00, for a total transaction of $616,864.00. Following the completion of the sale, the chief financial officer now owns 39,664 shares of the company’s stock, valued at $2,935,136. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total value of $109,770.34. Following the sale, the chief executive officer now directly owns 6,719 shares of the company’s stock, valued at approximately $495,996.58. The disclosure for this sale can be found here. Corporate insiders own 7.38% of the company’s stock.
About Yum! Brands
YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.
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