Can YUM! Brands, Inc. (YUM)’s Tomorrow be Different? The Stock Formed a Bullish Double Top

May 23, 2018 - By Marguerite Chambers

YUM! Brands, Inc. (NYSE:YUM) Logo

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.01, from 0.99 in 2017Q3. It is negative, as 48 investors sold YUM! Brands, Inc. shares while 251 reduced holdings. 88 funds opened positions while 205 raised stakes. 235.88 million shares or 1.51% less from 239.50 million shares in 2017Q3 were reported.
Mai Capital Mngmt owns 12,519 shares for 0.06% of their portfolio. Atria Investments Limited Co holds 0.02% of its portfolio in YUM! Brands, Inc. (NYSE:YUM) for 5,293 shares. Gotham Asset Management Lc invested 0.42% in YUM! Brands, Inc. (NYSE:YUM). Sun Life reported 739 shares. Burke & Herbert National Bank & Trust holds 6,127 shares. 113,000 are owned by State Of New Jersey Common Pension Fund D. Godshalk Welsh Cap Mngmt Inc reported 6,975 shares. Oarsman Cap holds 0.1% of its portfolio in YUM! Brands, Inc. (NYSE:YUM) for 2,920 shares. Invesco holds 0.05% or 1.58 million shares. Martingale Asset Mgmt Lp reported 0.31% in YUM! Brands, Inc. (NYSE:YUM). 5,010 were reported by Bradley Foster And Sargent Ct. 5,951 are owned by Reliance Trust Of Delaware. Profit Inv Management Lc holds 2,970 shares or 0.18% of its portfolio. 47,454 are owned by Citigroup. Colorado-based Paragon Cap Management Limited has invested 0.12% in YUM! Brands, Inc. (NYSE:YUM).

Since January 22, 2018, it had 0 insider buys, and 2 insider sales for $5.33 million activity. 61,683 shares valued at $5.14M were sold by Eaton Roger G. on Thursday, May 17.

The chart of YUM! Brands, Inc. (YUM) shows a double top with $85.68 target or 4.00 % above today’s $82.38 share price. The 8 months chart pattern indicates low risk for the $26.63B company. It was reported on May, 23 by Finviz.com. If the $85.68 price target is reached, the company will be worth $1.07 billion more. Double tops are rare but powerful chart patterns.

The stock decreased 0.37% or $0.31 during the last trading session, reaching $82.38. About 2.37 million shares traded or 5.17% up from the average. YUM! Brands, Inc. (NYSE:YUM) has risen 32.07% since May 23, 2017 and is uptrending. It has outperformed by 20.52% the S&P500.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on August, 2. They expect $0.73 earnings per share, up 7.35 % or $0.05 from last year’s $0.68 per share. YUM’s profit will be $235.95 million for 28.21 P/E if the $0.73 EPS becomes a reality. After $0.90 actual earnings per share reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts -18.89 % negative EPS growth.

YUM! Brands, Inc. (NYSE:YUM) Ratings Coverage

Among 15 analysts covering Yum! Brands (NYSE:YUM), 6 have Buy rating, 0 Sell and 9 Hold. Therefore 40% are positive. Yum! Brands has $94 highest and $80.0 lowest target. $87.46’s average target is 6.17% above currents $82.38 stock price. Yum! Brands had 21 analyst reports since December 22, 2017 according to SRatingsIntel. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Hold” rating given on Tuesday, January 16 by Barclays Capital. The rating was maintained by Deutsche Bank with “Hold” on Monday, February 12. BMO Capital Markets maintained YUM! Brands, Inc. (NYSE:YUM) on Thursday, May 3 with “Market Perform” rating. The company was upgraded on Friday, January 26 by Edward Jones. The firm earned “Hold” rating on Tuesday, January 2 by Robert W. Baird. The company was downgraded on Tuesday, January 30 by Instinet. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, May 3. The firm has “Buy” rating by Cowen & Co given on Wednesday, April 18. The rating was downgraded by Nomura to “Hold” on Tuesday, January 30. The company was maintained on Friday, February 9 by Wells Fargo.

More news for YUM! Brands, Inc. (NYSE:YUM) were recently published by: Bizjournals.com, which released: “Jimmy John’s imports new top execs from Gatorade and Taco Bell” on May 22, 2018. Bizjournals.com‘s article titled: “Here are the Louisville companies on the 2018 Fortune 500 list” and published on May 22, 2018 is yet another important article.

YUM! Brands, Inc., through its subsidiaries, develops, operates, and franchises quick service restaurants. The company has market cap of $26.63 billion. The firm operates in three divisions: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. It has a 21.85 P/E ratio. The Company’s restaurants prepare, package, and sell a menu of food items.

YUM! Brands, Inc. (NYSE:YUM) Institutional Positions Chart

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