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

Yum China (NYSE:YUMC) released its quarterly 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 firm had revenue of $3.07 billion for 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 revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 EPS.

Yum China Stock Performance

NYSE:YUMC opened at $48.36 on Wednesday. The company has a fifty day simple moving average of $41.22 and a two-hundred day simple moving average of $36.56. The company has a market cap of $18.59 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. Yum China has a 52 week low of $28.50 and a 52 week high of $51.68.

Yum China Dividend Announcement

The business 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 is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.32%. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

Analysts Set New Price Targets

YUMC has been the topic of several analyst reports. Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price target for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $35.50 to $60.00 in a report on Tuesday. Finally, Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $51.68.

Insiders Place Their Bets

In other Yum China news, insider Warton Wang purchased 3,700 shares of the company’s stock in a transaction on Friday, August 16th. The stock was acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the purchase, the insider now directly owns 25,023 shares in the company, valued at approximately $867,547.41. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Yum China news, insider Warton Wang purchased 3,700 shares of the company’s stock in a transaction on Friday, August 16th. The stock was acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the purchase, the insider now directly owns 25,023 shares in the company, valued at approximately $867,547.41. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeff Kuai bought 3,900 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average price of $32.72 per share, with a total value of $127,608.00. Following the purchase, the insider now owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. Insiders acquired a total of 18,400 shares of company stock worth $619,671 over the last 90 days. Corporate insiders own 0.30% 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.