Yum China (NYSE:YUMC) Receives $59.05 Average Price Target from Brokerages

Yum China (NYSE:YUMC) has received a consensus recommendation of “Moderate Buy” from the four ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $59.0467.

Several research analysts have weighed in on YUMC shares. Weiss Ratings lowered Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a report on Saturday, June 27th.

Yum China Price Performance

Shares of NYSE YUMC opened at $43.35 on Friday. The stock has a market capitalization of $15.14 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.23 and a beta of 0.10. The business has a 50-day moving average of $43.63 and a 200-day moving average of $48.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.01 and a quick ratio of 0.83. Yum China has a fifty-two week low of $40.15 and a fifty-two week high of $58.39.

Yum China (NYSE:YUMC) last released its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.87. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same quarter in the prior year, the company posted $0.77 earnings per share. Yum China’s revenue was up 9.7% on a year-over-year basis. As a group, sell-side analysts predict that Yum China will post 2.94 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 27th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Yum China’s dividend payout ratio is 44.44%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ashoka WhiteOak Capital Pte Ltd lifted its holdings in Yum China by 0.7% in the 4th quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock worth $1,342,000 after buying an additional 200 shares during the period. Glenview Trust Co raised its holdings in shares of Yum China by 4.3% during the fourth quarter. Glenview Trust Co now owns 4,904 shares of the company’s stock valued at $234,000 after acquiring an additional 200 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Yum China by 0.3% during the fourth quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock valued at $3,247,000 after acquiring an additional 211 shares in the last quarter. Biltmore Family Office LLC lifted its stake in Yum China by 3.1% in the fourth quarter. Biltmore Family Office LLC now owns 7,111 shares of the company’s stock worth $339,000 after acquiring an additional 216 shares during the period. Finally, Williams Jones Wealth Management LLC. lifted its stake in Yum China by 2.7% in the fourth quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company’s stock worth $394,000 after acquiring an additional 221 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Company Profile

Yum China Holdings, Inc operates as the largest quick-service restaurant company in China, through its ownership and franchising of brands such as KFC, Pizza Hut and Taco Bell. The company’s core business encompasses full-service and fast?casual dining, takeout and delivery channels, as well as ancillary services including loyalty programs and digital ordering platforms. Yum China’s restaurants offer a diverse menu that adapts global brand concepts to local consumer preferences, featuring items such as soy?marinated chicken, customized pizzas and region?inspired side dishes.

In addition to its signature brands, Yum China has expanded its portfolio to include innovative concepts tailored to evolving market trends, such as plant?based offerings, self?service kiosks and mobile app integrations.