Yum China (NYSE:YUMC – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Monday, November 4th. Analysts expect Yum China to post earnings of $0.68 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.08. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The firm’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 EPS. On average, analysts expect Yum China to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Yum China Stock Performance
Shares of NYSE YUMC opened at $43.63 on Monday. Yum China has a 12 month low of $28.50 and a 12 month high of $53.42. The company has a market cap of $16.77 billion, a P/E ratio of 21.08, a P/E/G ratio of 1.62 and a beta of 0.35. The business’s 50 day moving average is $39.52 and its two-hundred day moving average is $36.15. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01.
Yum China Announces Dividend
Insider Activity
In other Yum China news, CEO Joey Wat bought 3,800 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average cost of $33.98 per share, for a total transaction of $129,124.00. Following the transaction, the chief executive officer now owns 272,944 shares in the company, valued at approximately $9,274,637.12. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO Joey Wat bought 3,800 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was acquired at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the transaction, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at $9,274,637.12. This represents 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 the SEC website. Also, insider Warton Wang purchased 3,700 shares of the stock in a transaction on Friday, August 16th. The stock was bought at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Several research firms have issued reports on YUMC. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and raised their price target for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.18.
Check Out Our Latest Stock Analysis on YUMC
About Yum China
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.
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