Wall Street analysts expect Yum! Brands, Inc. (NYSE:YUM) to report sales of $1.28 billion for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Yum! Brands’ earnings, with estimates ranging from $1.26 billion to $1.29 billion. Yum! Brands posted sales of $1.37 billion during the same quarter last year, which would indicate a negative year over year growth rate of 6.6%. The company is scheduled to announce its next quarterly earnings report before the market opens on Thursday, August 1st.

According to Zacks, analysts expect that Yum! Brands will report full-year sales of $5.52 billion for the current year, with estimates ranging from $5.48 billion to $5.60 billion. For the next year, analysts forecast that the firm will report sales of $5.79 billion, with estimates ranging from $5.72 billion to $5.83 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow Yum! Brands.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.02. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the business earned $0.90 EPS. Yum! Brands’s revenue was down 8.5% compared to the same quarter last year.

A number of analysts recently weighed in on the stock. Longbow Research restated a “hold” rating on shares of Snap-on in a report on Monday, July 1st. Robert W. Baird restated an “outperform” rating and issued a $48.00 price target (down from $54.00) on shares of Archer Daniels Midland in a research report on Monday, April 29th. Edward Jones lowered shares of Yum! Brands from a “buy” rating to a “hold” rating in a research report on Monday, July 1st. Evercore ISI initiated coverage on shares of Mondelez International in a research report on Tuesday, June 11th. They issued an “outperform” rating and a $62.00 price target on the stock. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of in a research report on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $103.94.

Yum! Brands stock traded down $1.22 during mid-day trading on Friday, hitting $112.88. 620,059 shares of the stock were exchanged, compared to its average volume of 1,116,634. The firm’s fifty day moving average price is $110.87. The firm has a market capitalization of $34.89 billion, a PE ratio of 35.61, a price-to-earnings-growth ratio of 2.44 and a beta of 0.58. Yum! Brands has a 12 month low of $78.22 and a 12 month high of $114.37.

In other Yum! Brands news, Director Robert D. Walter sold 2,780 shares of the company’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $100.61, for a total transaction of $279,695.80. Following the sale, the director now directly owns 3,629 shares of the company’s stock, valued at $365,113.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tracy L. Skeans sold 6,049 shares of the company’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $110.00, for a total transaction of $665,390.00. Following the sale, the insider now directly owns 9,106 shares in the company, valued at $1,001,660. The disclosure for this sale can be found here. Insiders have sold 58,458 shares of company stock worth $6,203,386 over the last ninety days. Insiders own 0.67% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Howe & Rusling Inc. acquired a new position in Yum! Brands in the 1st quarter valued at about $25,000. Bogart Wealth LLC boosted its holdings in Yum! Brands by 70.0% during the 1st quarter. Bogart Wealth LLC now owns 340 shares of the restaurant operator’s stock valued at $33,000 after acquiring an additional 140 shares during the period. Liberty Wealth Management LLC boosted its holdings in Yum! Brands by 302.1% during the 2nd quarter. Liberty Wealth Management LLC now owns 386 shares of the restaurant operator’s stock valued at $43,000 after acquiring an additional 290 shares during the period. Motco boosted its holdings in Yum! Brands by 74.6% during the 1st quarter. Motco now owns 468 shares of the restaurant operator’s stock valued at $47,000 after acquiring an additional 200 shares during the period. Finally, Advisory Alpha LLC purchased a new stake in shares of Yum! Brands in the 1st quarter worth $50,000. 74.83% of the stock is currently owned by hedge funds and other institutional investors.

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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