Shares of Yum! Brands Inc. (NYSE:YUM) traded at a new 52-week high today of $113.63. Approximately 490,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
Yum! Brands Inc. (NYSE:YUM) defies analysts with a current price ($113.63) 3.5% above its average consensus price target of $109.66.
In the past 52 weeks, shares of Yum! Brands Inc. have traded between a low of $66.47 and a high of $113.63 and is now at $113.63, which is 71% above that low price.
As the parent company for more than 50,100 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems. Concepts include KFC (24,600 units), Pizza Hut (17,800), Taco Bell (7,400), and The Habit (280). Yum Brands generated $53 billion in system sales in 2019 (53% KFC, 25% Pizza Hut, 22% Taco Bell). In November 2016, Yum China was spun out as a stand-alone company, but it is paying 3% of systemwide sales to Yum Brands annually as a trademark franchisee. Franchisees operated 98% of Yum Brand locations as of September 2020.
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