Yum China (NYSE:YUMC) Announces Quarterly Earnings Results

Yum China (NYSE:YUMC) released its quarterly earnings results on Monday. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06, Briefing.com reports. The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a net margin of 7.53% and a return on equity of 11.63%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 earnings per share.

Yum China Trading Down 7.9 %

Shares of YUMC stock opened at $36.87 on Tuesday. The stock has a 50-day moving average of $40.00 and a 200-day moving average of $41.62. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 1.48 and a beta of 0.45. Yum China has a 1-year low of $33.55 and a 1-year high of $64.50.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 5th were given a dividend of $0.16 per share. This is a positive change from Yum China’s previous quarterly dividend of $0.13. This represents a $0.64 annualized dividend and a yield of 1.74%. The ex-dividend date was Monday, March 4th. Yum China’s dividend payout ratio (DPR) is currently 32.65%.

Analysts Set New Price Targets

YUMC has been the subject of several analyst reports. HSBC dropped their target price on shares of Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a research report on Wednesday, March 6th. JPMorgan Chase & Co. restated a “neutral” rating and set a $38.00 price objective (down from $65.00) on shares of Yum China in a research report on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $54.65.

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.