Jefferies Financial Group Weighs in on Yum! Brands, Inc.’s Q1 2019 Earnings (YUM)

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Yum! Brands, Inc. (NYSE:YUM) – Investment analysts at Jefferies Financial Group decreased their Q1 2019 EPS estimates for Yum! Brands in a report issued on Thursday, February 7th. Jefferies Financial Group analyst A. Barish now anticipates that the restaurant operator will post earnings of $0.79 per share for the quarter, down from their previous forecast of $0.80. Jefferies Financial Group also issued estimates for Yum! Brands’ Q2 2019 earnings at $0.88 EPS, Q3 2019 earnings at $0.99 EPS, Q4 2019 earnings at $1.19 EPS and FY2019 earnings at $3.84 EPS.

A number of other equities research analysts have also commented on the stock. Goldman Sachs Group lowered shares of Yum! Brands from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $83.00 to $76.00 in a report on Friday, January 11th. Zacks Investment Research lowered shares of Yum! Brands from a “buy” rating to a “hold” rating in a report on Monday, January 14th. Cowen restated a “buy” rating and set a $100.00 price objective on shares of Yum! Brands in a report on Sunday, December 2nd. Stifel Nicolaus lowered shares of Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 price objective on the stock. in a report on Tuesday, October 23rd. Finally, Robert W. Baird raised their price objective on shares of Yum! Brands from $94.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, November 1st. One research analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. Yum! Brands currently has an average rating of “Hold” and an average target price of $92.29.

Shares of NYSE:YUM opened at $94.49 on Monday. Yum! Brands has a 12 month low of $76.32 and a 12 month high of $95.45. The firm has a market cap of $29.51 billion, a P/E ratio of 29.81, a P/E/G ratio of 1.98 and a beta of 0.60.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Thursday, February 7th. The restaurant operator reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.57). Yum! Brands had a negative return on equity of 14.19% and a net margin of 27.11%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the business earned $0.96 earnings per share. The company’s revenue was down 1.2% on a year-over-year basis.

A number of institutional investors have recently added to or reduced their stakes in the stock. GAM Holding AG acquired a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $283,000. AdvisorNet Financial Inc lifted its position in shares of Yum! Brands by 44.4% in the fourth quarter. AdvisorNet Financial Inc now owns 1,018 shares of the restaurant operator’s stock valued at $94,000 after buying an additional 313 shares during the last quarter. BlackRock Inc. lifted its position in shares of Yum! Brands by 2.4% in the fourth quarter. BlackRock Inc. now owns 21,595,217 shares of the restaurant operator’s stock valued at $1,985,033,000 after buying an additional 496,648 shares during the last quarter. Trillium Asset Management LLC acquired a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $212,000. Finally, Doyle Wealth Management acquired a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $108,000. 70.78% of the stock is owned by institutional investors and hedge funds.

In related news, CFO David W. Gibbs sold 19,436 shares of the firm’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $94.06, for a total value of $1,828,150.16. Following the completion of the transaction, the chief financial officer now owns 61,554 shares of the company’s stock, valued at $5,789,769.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Scott Catlett sold 745 shares of the firm’s stock in a transaction on Thursday, December 6th. The shares were sold at an average price of $90.00, for a total transaction of $67,050.00. Following the completion of the transaction, the general counsel now directly owns 5,188 shares of the company’s stock, valued at approximately $466,920. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,317 shares of company stock valued at $3,883,277. 0.63% of the stock is owned by insiders.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 8th. Investors of record on Thursday, February 14th will be given a $0.42 dividend. The ex-dividend date is Wednesday, February 13th. This represents a $1.68 dividend on an annualized basis and a yield of 1.78%. This is an increase from Yum! Brands’s previous quarterly dividend of $0.36. Yum! Brands’s dividend payout ratio (DPR) is 45.43%.

About Yum! Brands

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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