Yum China (NYSE:YUMC) Announces Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Yum China (NYSE:YUMC) announced its quarterly earnings data on Monday. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.09, Briefing.com reports. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 earnings per share.

Yum China Price Performance

NYSE:YUMC opened at $48.36 on Wednesday. Yum China has a 52 week low of $28.50 and a 52 week high of $51.68. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $18.59 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36. The stock’s 50-day moving average price is $41.22 and its 200-day moving average price is $36.56.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.32%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Insider Activity

In other Yum China news, Director Robert Blaine Aiken, Jr. bought 3,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were purchased at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the transaction, the director now directly owns 12,088 shares of the company’s stock, valued at approximately $407,849.12. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Warton Wang acquired 3,700 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the acquisition, the insider now owns 25,023 shares in the company, valued at approximately $867,547.41. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average price of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the acquisition, the director now owns 12,088 shares in the company, valued at $407,849.12. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 18,400 shares of company stock worth $619,671 in the last ninety days. Company insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on YUMC. Citigroup upgraded Yum China to a “strong-buy” rating in a report on Monday, September 30th. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $35.50 to $60.00 in a report on Tuesday. Finally, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and increased their price objective for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $51.68.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.