7. Yum! Brands ( YUM), a quick service restaurant company, has more than 37,000 units in more than 110 countries and territories. The company operates through five concepts -- KFC, Pizza Hut, Taco Bell, Long John Silver's and A&W All-American Food Restaurants. The company will announce its third-quarter results on Oct 4. Net income for the quarter is estimated at $397.25 million on sales of $3.09 billion, higher than net income of $356 million recorded on $2.86 billion sales for the same period in 2010, as per analysts polled by Bloomberg. Earnings per share are forecast at 82 cents for the quarter, as compared to 73 cents registered in 2010 first quarter. Meanwhile, dividend per share is seen coming in at 26 cents as compared to 25 cents in the year ago period. In early August, the company paid a quarterly cash dividend of 25 cents per common share. Currently, the company has a dividend yield of 3%. Of the 22 analysts covering the stock, 59% recommend a buy, while 36% rate a hold. Analysts polled by Bloomberg expect the stock to gain an average 20.6% to $59.76 from current levels over the next 12 months.
Investors considering a purchase of K12 Inc stock, but cautious about paying the going market price of $10.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $7.50 strike, which has a bid at the time of this writing of 25 cents.