Yum China (NYSE:YUMC) Announces Quarterly Earnings Results

Yum China (NYSE:YUMC) released its quarterly earnings data on Monday. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08, Briefing.com reports. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Yum China had a return on equity of 12.19% and a net margin of 7.61%. Yum China’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share.

Yum China Stock Performance

NYSE YUMC opened at $34.16 on Thursday. The firm has a market capitalization of $13.31 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.41 and a beta of 0.33. Yum China has a 1-year low of $28.50 and a 1-year high of $58.21. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The business’s 50-day simple moving average is $32.08 and its 200-day simple moving average is $36.51.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Tuesday, August 27th. Yum China’s dividend payout ratio is presently 32.16%.

Analysts Set New Price Targets

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and increased their price objective for the stock from $30.00 to $37.40 in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $51.20.

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.