Smarter Analyst

Tigress Financial Believes Yum! Brands (YUM) Won’t Stop Here

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Yum! Brands (YUM). The company’s shares opened today at $111.42, close to its 52-week high of $111.82.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 16.6% and a 70.0% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Cisco Systems Inc, USANA Health, and Garmin Ltd.

Currently, the analyst consensus on Yum! Brands is a Moderate Buy with an average price target of $106.90.

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Based on Yum! Brands’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.25 billion and net profit of $262 million. In comparison, last year the company earned revenue of $1.37 billion and had a net profit of $321 million.

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Yum! Brands, Inc. is a quick service restaurant company, which engages in the development, operation, franchise, and licenses a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, and Taco Bell Division. The KFC Division segment comprises of all operations of the KFC concept.