Yum China (NYSE:YUMC) Posts Earnings Results, Beats Estimates By $0.08 EPS

Yum China (NYSE:YUMC) released its earnings results on Monday. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08, Briefing.com reports. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the business posted $0.47 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year.

Yum China Stock Performance

Shares of YUMC traded up $0.19 during trading hours on Wednesday, hitting $33.56. The stock had a trading volume of 839,818 shares, compared to its average volume of 3,122,362. The firm has a market capitalization of $13.08 billion, a PE ratio of 16.77, a PEG ratio of 1.25 and a beta of 0.33. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The stock has a fifty day moving average price of $32.10 and a 200 day moving average price of $36.53. Yum China has a 12 month low of $28.50 and a 12 month high of $58.21.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Tuesday, August 27th. Yum China’s payout ratio is currently 32.16%.

Analyst Upgrades and Downgrades

Separately, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and raised their price objective for the company from $30.00 to $37.40 in a research report on Tuesday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Yum China has an average rating of “Moderate Buy” and a consensus target price of $51.20.

Yum China Company Profile

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.