Shares of Yum China Holdings Inc (NYSE:YUMC) have earned a consensus recommendation of “Buy” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $51.64.
A number of research analysts recently issued reports on YUMC shares. ValuEngine downgraded shares of Yum China from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Zacks Investment Research upgraded shares of Yum China from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Saturday, September 14th. Finally, Jefferies Financial Group initiated coverage on shares of Yum China in a research report on Monday, October 28th. They issued a “buy” rating and a $54.60 price objective on the stock.
In other news, insider Aiken Yuen sold 2,081 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $44.03, for a total transaction of $91,626.43. Following the completion of the transaction, the insider now directly owns 2,690 shares of the company’s stock, valued at approximately $118,440.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.44% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in YUMC. Edge Wealth Management LLC acquired a new stake in Yum China during the 3rd quarter worth $27,000. Griffin Asset Management Inc. acquired a new position in Yum China in the second quarter valued at $32,000. Westside Investment Management Inc. purchased a new position in shares of Yum China during the second quarter worth about $34,000. Usca Ria LLC purchased a new position in shares of Yum China during the third quarter worth about $34,000. Finally, HM Payson & Co. acquired a new stake in shares of Yum China during the second quarter worth about $37,000. 81.55% of the stock is currently owned by institutional investors.
Shares of NYSE YUMC opened at $44.73 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.37 and a quick ratio of 1.18. The company has a market cap of $16.74 billion, a price-to-earnings ratio of 29.24, a price-to-earnings-growth ratio of 2.86 and a beta of 1.11. The stock’s 50-day moving average is $43.30 and its two-hundred day moving average is $43.64. Yum China has a 1-year low of $31.35 and a 1-year high of $48.36.
Yum China (NYSE:YUMC) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.04. Yum China had a return on equity of 21.63% and a net margin of 8.05%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter last year, the business posted $0.51 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities research analysts anticipate that Yum China will post 1.74 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Monday, November 25th. Yum China’s dividend payout ratio (DPR) is 31.37%.
Yum China Company Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.
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