Yum China (NYSE:YUMC) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Yum China (NYSE:YUMC) posted its quarterly earnings data on Thursday. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01), Zacks reports. Yum China had a return on equity of 13.39% and a net margin of 7.97%.

Yum China Price Performance

Shares of YUMC stock traded up $3.94 during trading hours on Thursday, hitting $49.46. The company’s stock had a trading volume of 1,975,001 shares, compared to its average volume of 2,142,251. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China has a twelve month low of $28.50 and a twelve month high of $52.00. The stock has a market cap of $18.78 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 1.40 and a beta of 0.33. The business has a fifty day moving average of $46.75 and a 200-day moving average of $42.17.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, February 1st. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $49.57.

Insider Activity at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This trade represents a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.30% of the stock is owned by corporate insiders.

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.