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

Yum China (NYSE:YUMC) posted its earnings results on Monday. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.09, Briefing.com reports. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the prior year, the business posted $0.59 earnings per share. The business’s quarterly revenue was up 5.4% on a year-over-year basis.

Yum China Trading Up 3.3 %

Shares of Yum China stock traded up $1.66 during midday trading on Thursday, reaching $51.49. 1,487,019 shares of the company’s stock traded hands, compared to its average volume of 3,248,971. The stock has a 50 day moving average of $41.55 and a 200-day moving average of $36.65. The company has a market cap of $19.79 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. Yum China has a 12 month low of $28.50 and a 12 month high of $51.99.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is 28.32%.

Insider Buying and Selling

In other Yum China news, insider Warton Wang acquired 3,700 shares of the business’s stock in a transaction on Friday, August 16th. The shares were acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the acquisition, the insider now owns 25,023 shares in the company, valued at $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Yum China news, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of Yum China stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $33.74 per share, with a total value of $101,220.00. Following the transaction, the director now directly owns 12,088 shares of the company’s stock, valued at $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Warton Wang bought 3,700 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at $867,547.41. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 18,400 shares of company stock valued at $619,671 over the last three months. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on YUMC. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $35.50 to $60.00 in a research note on Tuesday. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research note on Wednesday. Macquarie upgraded 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. Finally, Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Yum China has an average rating of “Buy” and a consensus price target of $51.68.

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.