Yum Brands Inc. (NYSE:YUM) traded at $142.21 at last check on Tuesday, April 30, made a downward move of -0.68% on its previous day’s price.
Looking at the stock we see that its previous close was $143.19. The company has a trailing 12-month PE ratio of 25.43. In terms of its 52-week price range, YUM has a high of $143.24 and a low of $115.53. The company’s stock has gained about 1.24% over that past 30 days.
Yum Brands Inc. has a market cap of $40.01 billion. With its Forward Dividend at 2.48 and a yield of 1.75%, the company’s investors could be anxious for the YUM stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.2, with the EPS growth for the year raised at $5.77 for 2024 and $6.49 for next year. These figures represent 11.60% and 12.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.71 billion, with a low of $1.66 billion and a high of $1.75 billion. The median projection represents growth squeezing down to 5.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $7.77 billion, or 9.90% up from figures reported last year.
On the other hand, looking at the outlook for the YUM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the YUM stock currently stands at 1.96, and the most recent price level today is 2.47% off its SMA20 and 3.00% from its 50-day simple moving average. The RSI (14) is pointing at 64.48 while the volatility over the past week is 1.45% and jumps to 1.48% over the past one month. The beta value is 1.08, while the average true range (ATR) is currently pointing at 2.05.
Coming back to Yum Brands Inc. (NYSE:YUM), we note that the average 3-month trading volume was 2.07 million. Current shares outstanding are 281.00 million.
The insiders hold 0.16% of the company’s shares while institutions hold 85.84%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 8.84% up in year-to-date price movement.
