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Published: Fri, February 10, 2017
Economy | By Melissa Porter

Yum Sales Slip As Consumers Shy Away From Pizza Hut

Yum Sales Slip As Consumers Shy Away From Pizza Hut

Brands had a net margin of 12.62% and a negative return on equity of 589.18%. During the same quarter in the prior year, the firm posted $0.68 EPS.

After three decades in the country, Yum Brands in October split its $6.9 billion operations as the fast-food industry faces sluggish sales growth with consumers increasingly turning to upmarket dining options. The company has a market capitalization of $24.33 billion, a PE ratio of 17.06 and a beta of 0.76. Yum! The current share price indicate that stock is -0.43% away from its one year high and is moving 46.52% ahead of its 52-week low. The stock's 50 day moving average is $64.65 and its 200 day moving average is $63.74.

The company also recently declared a quarterly dividend, which was paid on Friday, February 3rd. The ex-dividend date of this dividend was Wednesday, January 11th. Yum! Brands's payout ratio is now 30.53%. Brands from $88.00 to $65.00 and set a "hold" rating for the company in a report on Tuesday, November 1st. Instinet restated a "buy" rating and issued a $69.00 price objective (down from $70.00) on shares of Yum! Brands in a report on Wednesday, October 5th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $76.00 price target on shares of Yum! Brands in a report on Friday, January 6th. The stock now has an average rating of "Hold" and an average target price of $83.47. Finally, Zacks Investment Research raised Yum! The original version of this article can be viewed at https://www.com-unik.info/2017/02/08/yum-brands-inc-yum-given-average-rating-of-hold-by-brokerages.html. The consensus price target was last revised on 2017-02-06.

TRADEMARK VIOLATION NOTICE: "Yum!"

Yum Brands Inc. said Thursday that Pizza Hut's sales slid 4 percent at established US locations in the last three months of 2016. If you are viewing this news story on another site, it was stolen and reposted in violation of United States and worldwide copyright law.

These results are the first since Yum Brands spun off its China business. KFC's same-store sales grew 1 percent in the fourth quarter while those of Pizza Hut shed 3 percent, while system-wide revenue added 4 percent.

"KFC and Taco Bell had relatively strong performance in December, despite hard USA industry conditions", said the chief financial officer David Gibbs.

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