Yum China (NYSE:YUMC) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Yum China (NYSE:YUMC) issued its earnings results on Thursday. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01), Zacks reports. Yum China had a net margin of 7.97% and a return on equity of 13.39%.

Yum China Stock Down 2.4 %

Shares of YUMC stock traded down $1.21 during trading hours on Friday, reaching $48.44. The company had a trading volume of 810,430 shares, compared to its average volume of 2,139,118. The business has a fifty day simple moving average of $46.75 and a 200-day simple moving average of $42.17. Yum China has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a market cap of $18.40 billion, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 1.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a report on Saturday, February 1st. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Yum China currently has a consensus rating of “Buy” and a consensus target price of $49.57.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.30% of the stock is currently owned by corporate insiders.

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.