YUM! Brands, Inc. (YUM) Key Levels On The Short-Term Frame

YUM! Brands, Inc. (NYSE:YUM) is now worth $29.1B thanks to 0.9% gain in recent trade and currently has a price tag of $91.5. The shares traded as low as $89.59 and had $92 an intraday high earlier Thursday. Trading activity significantly improved as the volume at ready counter increased to 3,687,745 shares versus 2,348,605 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 2,096,061 shares. The stock is now 20.59% above against its bear-market low of $75.88 on February 08, 2018. It has retreated -1.9% since it’s 52-week high of $93.24 reached in December. Now the market price is up 10.11% on the year and up 12.12% YTD.

YUM’s 50 day simple moving average (SMA 50) price is $89.2 and its 200-day simple moving average (SMA 200) price is $84.59. The company’s stock currently has a total float of 311.82M shares. Its weekly volatility is hovering around 1.95% and felt 1.7% volatility in price over a month. On the upside, the share price will test short term resistance at around $92.47. On a downside, the stock is likely to find some support, which begins at $90.06. The failure to get near-term support could push it to $88.62.

Separately, it has been reported that multiple insider activity took place at YUM! Brands, Inc. (YUM). President, CFO Gibbs David W sold 6,391 shares for $39,266 in transaction occurred on 2018/11/15. After making this transaction, the President, CFO owns a direct stake of 563,814 shares, worth $3,592,839, as per the last closing price. On 2018/11/08 Eaton Roger G., CEO, KFC at YUM, dumped 44,823 shares at an average price of $90.54 per share. The selling total is valued at $3,674,823.

Chief People Officer, Skeans Tracy L had divested 1,681 shares for $4,493 through a trade on 2018/11/01. Following this activity, the insider holds 148,617 shares worth $411,110 as of recent close. Wall Street’s most bullish YUM! Brands, Inc. (NYSE:YUM) analysts are predicting the share price to blow past $105 per share during the next 12 months. The current median share price forecast by them is $93, suggesting that the stock could increase 1.64% in that time frame. The average price target of $94.05 calls for a nearly 2.79% increase in the stock price.

It had seen a new analyst call from Gordon Haskett, which initiated the stock at Hold on October 19. Analysts at Evercore ISI, shed their positive views on October 18 by lowering it fromOutperform to In-line. Analysts at KeyBanc Capital Mkts, made their first call about the stock on October 04, recommending it is Sector Weight. Robert W. Baird analysts came out with bullish views on May 03 when the call was made. They think the stock is now Outperform compared to to their prior call for Neutral.

When looking at valuations, YUM! Brands, Inc. (YUM) has a cheap P/E of 15.33x as compared to industry average of 83.81x. Moreover, it trades for 24.08 times the next 12 months of expected earnings. It’s also very liquid in the near term, with a current ratio of 1. The stock has a debt/capital of 0.

Shares of YUM! Brands, Inc. (YUM) have gained 4.9% since the company’s last earnings report. Over the past 12 fiscal quarters, YUM! Brands, Inc. (NYSE:YUM) has topped consensus earnings estimates in 11 quarters (91%), missed earnings in 0 quarters (0%), whereas at 1 occasion EPS met analyst expectations. YUM last reported earnings on October 31, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $1.04 per share, -95.92% change on the same period last year. That was better than consensus for $0.83. Revenue for the recent quarter stood at $1.39 billion, down -3% on last year and above the $1.38 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.54 billion to $1.64 billion, which should be compared with $1.27 billion generated last year. EPS is seen in a range of $0.93 to $1.05, against the $0.96 reported a year ago.