Yum China (NYSE:YUMC) Stock Rating Upgraded by StockNews.com

Yum China (NYSE:YUMC) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and raised their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. Finally, Citigroup raised Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $51.68.

Yum China Trading Down 0.0 %

Shares of YUMC stock opened at $47.21 on Friday. The business has a 50-day moving average of $43.61 and a 200 day moving average of $37.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.09. Yum China has a 1-year low of $28.50 and a 1-year high of $52.00. The stock has a market capitalization of $17.93 billion, a PE ratio of 20.89, a P/E/G ratio of 1.69 and a beta of 0.36.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the previous year, the company earned $0.59 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Yum China will post 2.31 earnings per share for the current year.

Institutional Trading of Yum China

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC boosted its position in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares during the period. LRI Investments LLC purchased a new position in shares of Yum China during the 1st quarter valued at $36,000. Farther Finance Advisors LLC boosted its holdings in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the period. Pathway Financial Advisers LLC purchased a new stake in Yum China in the 1st quarter worth $39,000. Finally, McClarren Financial Advisors Inc. raised its holdings in Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after acquiring an additional 834 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

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.