YUM - YUM! Brands, Inc.
| Previous Close | 99.19 |
| Open | 99.16 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 98.74 - 99.70 |
| 52 Week Range | 77.09 - 101.39 |
| Volume | 1,033,406 |
| Avg. Volume | 1,938,752 |
| Market Cap | 30.326B |
| Beta (3Y Monthly) | 0.53 |
| PE Ratio (TTM) | 21.10 |
| EPS (TTM) | 4.69 |
| Earnings Date | May 1, 2019 |
| Forward Dividend & Yield | 1.68 (1.69%) |
| Ex-Dividend Date | 2019-02-13 |
| 1y Target Est | 97.65 |
- InvestorPlace•2 days ago
KFC Chicken & Waffles Is Back: 7 Things to Know
KFC (NYSE:YUM) is appeasing fans by bringing back one of its most popular items in recent times, arriving in the form of the classic Southern dish of fried chicken and waffles.Here are seven things to know about the move from the Louisville, Kentucky-based fast food chicken restaurant: * The chain said it is bringing back the Kentucky Fried Chicken & Waffles to a number of U.S. restaurants for about five weeks starting this Saturday. * The offering combines sweet and savory flavors as it has KFC's classic Extra Crispy fried chicken alongside Belgian waffles. * You can get the item as a basket meal or a sandwich until April 29 or while supplies last. * The last time that KFC offered its fried chicken product along with waffles for a limited time was last November, with some restaurants selling out in only two weeks, according to a statement from the company. * "We expected people would love Kentucky Fried Chicken & Waffles when we launched it in 2018," said KFC's U.S. chief marketing officer Andrea Zahumensky in a statement. "But we underestimated how much love there would be, so we're bringing it back just four months later. Too soon? Not a minute." * The brand added that the menu item was "specially formulated to perfectly pair with KFC's world-famous Extra Crispy fried chicken." * With syrup, the product starts at $5.99, or $7.99 for a combo.YUM stock is up 0.6% Thursday.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More From InvestorPlace * 5 Cloud Stocks to Help Your Portfolio Fly * 10 Stocks on the Rise Heading Into the Second Quarter * Top 7 Service Sector Stocks That Will Pay You to Own Them Compare Brokers The post KFC Chicken & Waffles Is Back: 7 Things to Knowi»¿ appeared first on InvestorPlace.
- InvestorPlace•3 days ago
Domino’s Pizza Stock Looks Too Cheap
Stocks like Domino's Pizza (NYSE:DPZ) don't go on sale very often. But to some investors, "on sale" might be an exaggeration.Source: Shutterstock Domino's Pizza stock, even after its recent selloff, is hardly cheap. Indeed, DPZ stock still trades at over 22 tines analysts' consensus earnings per share estimate. * 10 Stocks on the Rise Heading Into the Second Quarter That's a huge multiple for a relatively mature company. And given that DPZ stock has tanked lately in part due to its big Q4 earnings miss last month, it's a multiple that might not seem all that attractive.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut DPZ has plenty of room to grow into that multiple. Between the company's same-store-sales growth and the new stores it will open, its revenue should continue to increase nicely for years to come. Given its franchise model and the leverage on its balance sheet, its higher revenues will have an amplified effect on its earnings.DPZ is still facing risks. But those risks seem manageable, as Domino's is well-positioned to handle any challenges ahead. DPZ stock isn't cheap, but stocks like this shouldn't be, and they very rarely are. The Case for DPZ StockDPZ simply has come to dominate the pizza business. Yum! Brands' (NYSE:YUM) Pizza Hut's growth has stalled out in recent years. Papa John's (NASDAQ:PZZA) sales are collapsing. Yet Domino's keeps growing at impressive rates.Indeed, during the company's "disappointing" Q4, its U.S. same-store sales rose 5.6% year-over-year. Meanwhile, Pizza Hut's comparable-store sales were unchanged. Papa John's comps fell 8%. McDonald's (NYSE:MCD) same-store sales rose 2.3% in Q4, and most investors thought its results were good.No major chain's same-store sales are increasing as rapidly as those of DPZ. No major chain, in fact, is coming close. That trend should continue, and Domino's can benefit from opening new stores, as well.It's adding stores to U.S. metro areas. That's been a successful strategy despite fears that new stores might "cannibalize" existing stores. The company's overseas business continues to grow, in terms of both comparable stores and new opportunities.DPZ still expects its annual retail sales to rise 8%-12% over the next few years, with its global comparable sales increasing 3%-6% and its net store count rising 6%-8% annually. On the other hand, 8%-12% growth might not sound like much, since DPZ stock has a trailing-twelve month P/E ratio of 29.But because of DPZ's franchise model, 8%-12% revenue growth results in earnings and cash-flow growth that's much higher than that. Store-level costs are borne by franchisees, enabling DPZ's operating margins to rise faster than its revenue. And the leverage on Domino's balance sheet further boosts its net margins. For 2020, for instance, analysts' consensus estimate calls for a 9.8% increase in sales and an 18% increase in EPS. The Risks and Rewards of DPZ StockThe company's 8%-12% revenue-growth guidance, then, suggests that its earnings easily could increase 100% or more over the next four or five years. Even assuming that the P/E ratio of DPZ stock drops in several years as DPZ matures, investors will still have an easy path to double-digit annual returns, including dividends. Any outperformance - or a continued willingness by investors to pay up for DPZ stock - sets up a path for DPZ to reach $500 and beyond.But there are risks facing DPZ stock. The most obvious one is the potential for recession in the U.S. or in key international markets. Domino's struggled during the financial crisis: its same-store sales declined 4.9% in 2008. But it clearly has a better business ten years later, and its emphasis on low price points could mitigate the macro pressures on it, particularly domestically.There are two smaller concerns. The first is that on the whole there's much more competition in the pizza industry than ever before. The rise of online ordering services like GrubHub (NYSE:GRUB) and DoorDash has allowed thousands of restaurants to offer delivery services, breaking pizza's traditional dominance of that space. In turn, other chains now offer delivery, including casual dining giants like Brinker International (NYSE:EAT) and Dine Brands Global (NYSE:DIN).But as that trend has accelerated lately, Domino's sales don't appear to have suffered. The company's comp-sales growth has decelerated from 12% in 2015 to 6% in 2018. That's not necessarily a surprise, however, given the tougher competition. But 6% still is more than enough growth to leverage expense growth and expand margins. And it hardly suggests that the company's business model is facing an existential threat. The Best FranchiserThe final risk is one facing the entire industry. Companies like McDonald's and Burger King owner Restaurant Brands International (NYSE:QSR) have benefited from franchising more restaurants. That's benefited MCD stock, in particular, as rising labor and food costs become the problem of the franchisees , not that of the corporate parent.But as James Brumley pointed out last year, at some point franchisees won't be able to handle that pressure any more. Carrols Restaurant Group (NASDAQ:TAST), the largest Burger King franchisee, shows the problem. Over the past three years, QSR stock is up 63%, but TAST has declined by almost 25% during the same period.Domino's franchisees, however, are doing quite well. The company pointed out in a recent investor presentation that its franchisees' average EBITDA per store has soared in the past decade, rising from $49 million in 2008 to over $137 million in 2018. Franchise-level profits have stopped increasing lately, but they're still positive, and franchisees' margins still look quite healthy.So, purely from a business standpoint, Domino's looks like far and away the best pick among restaurant stocks. It has more opportunities to open additional stores than its large peers. DPZ can still take plenty of market share from its corporate rivals (and independent pizzerias). Its franchisees are happy. Since Domino's is doing an awful lot right at the moment, the owners of Domino's stock have little to complain about.Given DPZ's growth potential, DPZ stock is worth paying up for. With Domino's Pizza stock now 15% cheaper than it was just a few weeks ago, the shares may be expensive, but they're still attractive.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post Domino's Pizza Stock Looks Too Cheap appeared first on InvestorPlace.
- PR Newswire•3 days ago
KFC Is Bringing Back Chicken & Waffles For One Month Only - Get It While You Can!
Back by popular demand, Kentucky Fried Chicken & Waffles will make its return nationwide after selling out quickly last year LOUISVILLE, Ky. , March 21, 2019 /PRNewswire/ -- Kentucky Fried Chicken® will ...
- InvestorPlace•3 days ago
The Future of GRUB Stock Will Come Down to Market Share
From a valuation perspective, GrubHub (NYSE:GRUB) is one of the cheapest growth stocks in the market. On an absolute basis, GRUB stock certainly isn't cheap, at nearly 50x 2019 EPS estimates. But given torrid revenue growth and still-strong EBITDA margins, that multiple is reasonable. A valuation of ~5x 2019 revenue guidance looks downright cheap compared to other platform plays.Source: Shutterstock And GRUB certainly is much cheaper than it was, having dropped by more than 50% from September highs. If the company can keep growing, there's an obvious path to solid upside here, particularly in a market where many similar plays have valuation worries.At the moment, however, that seems like a big "if," 2019 guidance given with Q4 results last month was notably disappointing. Costs are rising faster than revenue, leading to lower margins. And there's an increasing amount of commentary suggesting that GrubHub is losing market share despite that spend.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Cloud Stocks to Help Your Portfolio Fly If that share erosion continues, GRUB stock probably isn't cheap enough - and maybe not close. But if GrubHub can even stabilize share, GrubHub stock can rebound sharply. Disappointing 2019 GuidanceA number of high-multiple platform stocks stumbled in the fourth quarter, including GRUB, Square (NYSE:SQ), and Shopify (NYSE:SHOP). In a stronger market in 2019, SQ and SHOP have rallied; GRUB has not.One key reason is that Q4 earnings disappointed, particularly in terms of 2019 guidance. The revenue outlook still looks reasonably strong, with GrubHub projecting 31-41% growth on the top line. But costs are soaring, leading to pressure on margins. EBITDA is guided to increase just 1-13% from 2018 levels. EBITDA margins are guided to just 18.3% - against a 26.9% figure back in 2017.That in and of itself isn't fatal to the bull case for GrubHub stock. The company is investing behind the business: sales and marketing spend nearly doubled between 2016 and 2018, for instance. But that spend should drive further revenue and profits.Operations and support spend has risen even faster, climbing 165% over the past two years. Some of that spend, however, comes as GrubHub enters new markets - which create new costs before revenues kick in.Still, there are worries that margins are going in the wrong direction, when the point of a platform business is that those margins expand as the business scales. GRUB management said on the Q4 conference call that the rate of spending increase would slow as the year went on, presumably allowing for a return to expense leverage in 2019. But the performance of GrubHub stock of late shows that investors remain somewhat skeptical. Market Share and GRUB StockThe concern at the moment is that GrubHub is making all these investments and yet still losing market share. Last week, Edison Trends reported that privately held DoorDash had passed GrubHub in market share. On Wednesday, analysts at KeyBanc Capital Markets raised more market share worries. GrubHub stock dropped 8.4% on that report.The move on Wednesday shows that investors are taking these concerns seriously. And they should. GrubHub is spending now to build out its business - and yet market share is declining. Is GrubHub giving up margin simply to run in place - at best?If that's the case, that's a problem for GRUB stock - even 50%+ off the highs. Competition isn't going anywhere. DoorDash likely will go public at some point in the near future. Uber, operator of UberEats, will execute its IPO this year. Amazon.com (NASDAQ:AMZN) whose moves have tanked GRUB stock in the past still looms.To be sure, GrubHub shouldn't be written off just yet. The company recently added Yum! Brands (NYSE:YUM) concept Taco Bell as a customer, a nice get. New markets should provide growth in the second half of 2019 and beyond. It's unlikely that growth is going to be come to a screeching halt and if it doesn't, GRUB stock really isn't as expensive as it looks. Can GrubHub Stock Rally Again?A 50x multiple to 2019 EPS estimates hardly looks cheap. But if GrubHub management is right, and spend will pull back in 2020, GRUB can get reasonably valued in a hurry. Right now, 2020 estimates are for $2.22 in EPS, suggesting 50%+ growth and a 32x multiple. Assuming growth returns that year and continues going forward, GRUB can back to $100+ in a hurry.35x 2021 EPS estimates around $3 does the trick. And even with KeyBanc's caution, the Street remains bullish: the average target price for GRUB stock remains over $100, suggesting 50%+ upside.So there is a path for GrubHub stock to provide superior returns. That will require costs to come down as scheduled in 2020 - without an attendant loss in market share. Given the potential upside, betting on GrubHub to pull that off certainly seems intriguing, at least.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post The Future of GRUB Stock Will Come Down to Market Share appeared first on InvestorPlace.
- Market Realist•3 days ago
Yum! Brands’ Stock Falls after Mizuho’s Downgrade
Mizuho Downgrades Yum! Brands from 'Neutral' to 'Underperform'(Continued from Prior Part)Stock performance Mizuho’s downgrade appears to have led to a fall in Yum! Brands’ (YUM) stock price. Today, at 2:20 PM ET, the company was trading ~0.5%
- Market Realist•3 days ago
Mizuho Downgrades Yum! Brands from ‘Neutral’ to ‘Underperform’
Mizuho Downgrades Yum! Brands from 'Neutral' to 'Underperform'Yum! Brands’ downgrade Mizuho downgraded Yum! Brands (YUM) from “neutral” to “underperform” while keeping its 12-month price unchanged at $84, which represents a fall of 15.4%
- Market Realist•4 days ago
Domino’s Stock Rises after J.P. Morgan’s Upgrade
Domino’s Stock Rises after J.P. Morgan’s UpgradeThe upgrade Today, J.P. Morgan upgraded Domino’s Pizza (DPZ) from “neutral” to “overweight” while keeping its 12-month price target at $270. Of the 22 analysts who cover Domino’s
- Benzinga•5 days ago
JPMorgan Now Prefers Domino's Over Taco Bell
JPMorgan hosted its annual "Gaming, Lodging, Restaurant & Leisure Management Access Forum," which included C-level presentations and participation from some of the biggest restaurant chains. ...
- Barrons.com•5 days ago
JPMorgan Upgrades Domino’s Pizza, Downgrades Yum! Brands
While there have been a few big notable exceptions, like (CMG) (CMG), most fast-food and fast-casual restaurants have struggled to keep pace with the broader market this year, and Domino’s and Yum fall into this category. Domino’s is down 0.7% in 2019, while Yum, whose brands include Pizza Hut and Taco Bell, has risen 7.9%. JPMorgan’s John Ivankoe upgraded Domino’s to Overweight with a $270 price target on Tuesday, and downgraded Yum to Neutral.
- CNBC•5 days ago
Here are the biggest analyst calls of the day: Domino's, Yum Brands, Booking Holdings, & more
Here are the biggest calls on Wall Street on Tuesday
- PR Newswire•6 days ago
Pizza Hut Announces Ultimate NCAA® March Madness® Comeback: Fan-Favorite P'ZONE® Returns To The Starting Lineup
PLANO, Texas, March 18, 2019 /PRNewswire/ -- Pizza Hut is returning as the Official Pizza of NCAA March Madness - a tournament filled with happiness and heartbreak, nail-biters and epic comebacks. This year, Pizza Hut is feeding into fans' excitement by launching the ultimate comeback: 17 years after its debut, the cult-favorite P'ZONE® is back, returning to Pizza Hut menus nationwide! A perfect addition to any March Madness watch party, customers can choose from Pepperoni, Meaty and Supremo recipes.
- Zacks•9 days ago
Forget BJ's Restaurants, Buy These 3 Restaurant Stocks Instead
Demand for restaurant services depends on consumer spending. In a fiercely competitive industry, these three restaurant stocks stand to gain.
- Zacks•10 days ago
Papa John's Partners With DoorDash, Strengthens Delivery
In order to revive sales Papa John's (PZZA) have been expanding its digital ordering capabilities.
- Zacks•10 days ago
Cracker Barrel Down 3% in a Year: Can Efforts Aid Revival?
While Cracker Barrel's (CBRL) menu innovation, unit growth and seasonal promotions are encouraging, high costs of operations continue to hurt profits.
- Market Realist•10 days ago
Papa John’s Partners with DoorDash for Delivery
Papa John’s Partners with DoorDash for DeliveryThe announcementOn March 13, Papa John’s (PZZA) announced it had formed a national partnership with DoorDash for delivery service at more than 1,400 of its restaurants. To celebrate the partnership,
- Skift Table•11 days ago
Is Pizza Delivery as We Know It Over?
Today, Papa John’s officially announced a deal with delivery service DoorDash to deliver pizza at 1,400 locations as briefly noted in the company’s fourth quarter earnings report in February. Last month, Grubhub said it was piloting Pizza Hut delivery at some of its stores, working to expand to “several hundred” locations over the next few months. Pizza […]
- Markit•12 days ago
See what the IHS Markit Score report has to say about Yum! Brands Inc.
Yum! Brands Inc NYSE:YUMView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for YUM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting YUM. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold YUM had net inflows of $2.72 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. YUM credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•15 days ago
Yum (YUM) Up 2.2% Since Last Earnings Report: Can It Continue?
Yum (YUM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- American City Business Journals•15 days ago
Outback Steakhouse parent company has a new CEO
The new chief executive is a veteran of the restaurant industry, having held C-level positions at Pizza Hut and Yum Brands.
Investor's Business Daily•16 days agoIBD Stock Of The Day: Starbucks Holds Bullishly In Buy Range Amid Market Pullback
Starbucks is holding in a buy zone, trading tightly amid the current stock market pullback. That's just one reason why it's IBD Stock Of The Day.
- Market Realist•17 days ago
Papa John’s EPS: Analysts’ Expectations in 2019
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Analysts’ expectations For 2019, Papa John’s (PZZA) management has set an EPS guidance of $0–$0.50. However, removing special items, the company expects the adjusted
- Market Realist•17 days ago
Analysts Expect Papa John’s Revenues to Fall in 2019
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Analysts’ expectationsFor 2019, analysts expect Papa John’s (PZZA) to post revenues of $1.52 billion—a fall of 3.6% from $1.57 billion in 2018. In 2019, the
- Market Realist•17 days ago
Papa John’s Valuation Multiple Compared to Its Peers
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Valuation multipleThe optimism surrounding Papa John’s (PZZA) initiatives to drive its sales appears to have increased investors’ confidence, which led to a rise in the
- Yahoo Finance Video•4 days ago
Call of the day: JPMorgan upgrades Domino’s to overweight
JPMorgan upgraded Domino's to overweight from neutral with a $270 dollar price target. Yahoo Finance's Myles Udland, Seana Smith and Melody Hahm discuss the call of the day.
