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

Yum China (NYSE:YUMC) released its earnings results on Monday. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09, Briefing.com reports. The business had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 earnings per share.

Yum China Stock Performance

Shares of NYSE:YUMC traded up $1.49 during midday trading on Thursday, hitting $51.32. The company’s stock had a trading volume of 1,758,985 shares, compared to its average volume of 3,250,230. The stock has a market capitalization of $19.73 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 1.79 and a beta of 0.36. The stock’s 50 day simple moving average is $41.55 and its 200 day simple moving average is $36.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. Yum China has a fifty-two week low of $28.50 and a fifty-two week high of $51.99.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.25%. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

Insiders Place Their Bets

In related news, insider Jeff Kuai bought 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $32.72 per share, for a total transaction of $127,608.00. Following the purchase, the insider now directly owns 3,900 shares in the company, valued at $127,608. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Jeff Kuai bought 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired 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 directly owns 3,900 shares in the company, valued at $127,608. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Leila Zhang acquired 4,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were purchased at an average cost of $33.36 per share, for a total transaction of $133,440.00. Following the acquisition, the chief technology officer now directly owns 41,339 shares in the company, valued at $1,379,069.04. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 18,400 shares of company stock valued at $619,671 in the last three months. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on YUMC. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Wednesday. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $35.50 to $60.00 in a research report on Tuesday. Finally, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Five equities research 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, the company currently 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.