Yum Brands Inc. (NYSE:YUM) does about 1.93M shares in volume on a normal day but saw 2227615 shares change hands in Monday’s trading. The company now has a market cap of 39.52B USD. Its current market price is $140.47, marking an increase of 1.31% compared to the previous close of $138.65. The 52 week high reached by this stock is $143.24 whilst the lowest price level in 52 weeks is $115.53.
Yum Brands Inc. (YUM) has a 20-day trading average at $137.93 and the current price is -1.94% off the 52-week high compared with 21.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $134.74 and its 200-day simple moving average is $130.37. If we look at the stock’s price movements over the week, volatility stands at 1.18%, which increases to 1.21% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.48 to suggest the stock is neutral.
The consensus objective for the share price is $144.95, suggesting that the stock has a potential upside of 3.09% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 11, 2024 when Wells Fargo downgraded the stock to “Equal Weight” and issued a price target of between $150 and $135. Oppenheimer upgraded the stock to “Outperform” from Perform on January 05, 2024 at a price target of $154. Stifel downgraded its price target at $135.
Yum Brands Inc. (YUM) stock is up 3.11% over the week and 1.48% over the past month. Its price is 7.51% year-to-date and 9.39% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $1.26 below consensus estimates by -$0.14. YUM’s earnings per share are forecast to grow by 12.00% this year and 12.40% over next year. Expected sales for next quarter are $1.83 billion, which analysts say will come at $7.78 billion for the current fiscal year and next year at $8.3 billion. In addition, estimates put the company’s current quarterly revenue at an average of $1.71 billion.
To reach the target analysts have set, the stock logically needs to grow 3.09 percent from here.
Outstanding shares total 281.00M with insiders holding 0.15% of the shares and institutional holders owning 84.48% of the company’s common stock. The company has a return on investment of 39.52%. The price to earnings ratio (P/E ratio) amounts to 25.11 while the forward price to earnings ratio is 21.58. The beta has a value of 1.10. Price to sales ratio is 5.59.
