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

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

Yum China Trading Up 3.3 %

Shares of NYSE YUMC traded up $1.66 during mid-day trading on Thursday, hitting $51.49. The company’s stock had a trading volume of 1,487,019 shares, compared to its average volume of 3,248,971. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The stock has a market cap of $19.79 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36. The company’s fifty day simple moving average is $41.55 and its 200-day simple moving average is $36.65. Yum China has a one year low of $28.50 and a one year high of $51.99.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.24%. Yum China’s dividend payout ratio (DPR) is currently 28.32%.

Analysts Set New Price Targets

Several brokerages have issued reports on YUMC. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a research note on Tuesday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $51.68.

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai purchased 3,900 shares of Yum China stock in a transaction on Tuesday, August 13th. The stock was purchased at an average price of $32.72 per share, with a total value of $127,608.00. Following the transaction, the insider now directly owns 3,900 shares in the company, valued at $127,608. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CTO Leila Zhang purchased 4,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was bought at an average cost of $33.36 per share, for a total transaction of $133,440.00. Following the purchase, the chief technology officer now owns 41,339 shares of the company’s stock, valued at approximately $1,379,069.04. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff Kuai bought 3,900 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the transaction, the insider now owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 18,400 shares of company stock valued at $619,671. Corporate insiders own 0.30% of the company’s stock.

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.