Yum! Brands Given Consensus Rating of “Hold” by Analysts (NYSE:YUM)
Shares of Yum! Brands (NYSE:YUM) have received an average rating of “Hold” from the twenty ratings firms that are presently covering the stock, AR Network reports. Eleven equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $81.88.
Shares of Yum! Brands (NYSE:YUM) opened at 77.42 on Tuesday. Yum! Brands has a 1-year low of $64.08 and a 1-year high of $83.58. The stock’s 50-day moving average is $80.5 and its 200-day moving average is $75.9. The company has a market cap of $34.065 billion and a P/E ratio of 30.72. Yum! Brands also was the recipient of unusually large options trading on Wednesday. Stock investors bought 15,900 put options on the company. This is an increase of 856% compared to the typical volume of 1,663 put options.
Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.72 by $0.01. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts predict that Yum! Brands will post $3.73 earnings per share for the current fiscal year.
YUM has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Yum! Brands in a research note on Friday. They now have a $81.00 price target on the stock. Separately, analysts at Telsey Advisory Group cut their price target on shares of Yum! Brands from $90.00 to $85.00 in a research note on Friday. They now have a “not rated” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Yum! Brands from $81.00 to $80.00 in a research note on Friday.
YUM! Brands, Inc (NYSE:YUM) is a quick service restaurant company based on number of system units, with over 39,000 units in more than 125 countries and territories.
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