Yum China Holdings Inc (NYSE:YUMC) Expected to Announce Earnings of $0.13 Per Share

Wall Street analysts forecast that Yum China Holdings Inc (NYSE:YUMC) will announce earnings of $0.13 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Yum China’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.11. Yum China reported earnings per share of $0.12 during the same quarter last year, which would suggest a positive year over year growth rate of 8.3%. The firm is scheduled to report its next earnings report on Thursday, January 30th.

According to Zacks, analysts expect that Yum China will report full-year earnings of $1.73 per share for the current year, with EPS estimates ranging from $1.69 to $1.77. For the next financial year, analysts forecast that the firm will post earnings of $1.86 per share, with EPS estimates ranging from $1.80 to $1.89. Zacks’ EPS averages are an average based on a survey of analysts that cover Yum China.

Yum China (NYSE:YUMC) last announced its earnings results on Tuesday, October 29th. The company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.04. Yum China had a net margin of 8.05% and a return on equity of 21.63%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis.

A number of brokerages have commented on YUMC. Zacks Investment Research raised shares of Yum China from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Saturday, September 14th. ValuEngine cut shares of Yum China from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Finally, Jefferies Financial Group began coverage on shares of Yum China in a report on Monday, October 28th. They set a “buy” rating and a $54.60 target price for the company. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. Yum China presently has a consensus rating of “Buy” and an average price target of $51.64.

In other Yum China news, insider Angela Ai sold 13,477 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $44.74, for a total value of $602,960.98. Following the completion of the transaction, the insider now directly owns 28,445 shares in the company, valued at $1,272,629.30. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.44% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of YUMC. First National Bank of Omaha bought a new position in shares of Yum China in the second quarter worth approximately $203,000. Chicago Capital LLC boosted its position in shares of Yum China by 55.3% in the second quarter. Chicago Capital LLC now owns 12,127 shares of the company’s stock worth $560,000 after purchasing an additional 4,320 shares during the period. Country Trust Bank boosted its position in shares of Yum China by 100.0% in the second quarter. Country Trust Bank now owns 1,088 shares of the company’s stock worth $49,000 after purchasing an additional 544 shares during the period. Handelsbanken Fonder AB boosted its position in shares of Yum China by 260.0% in the second quarter. Handelsbanken Fonder AB now owns 180,000 shares of the company’s stock worth $8,316,000 after purchasing an additional 130,000 shares during the period. Finally, YHB Investment Advisors Inc. boosted its position in shares of Yum China by 0.7% in the second quarter. YHB Investment Advisors Inc. now owns 71,528 shares of the company’s stock worth $3,305,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 80.74% of the company’s stock.

YUMC stock traded down $0.22 during midday trading on Friday, reaching $43.63. 1,243,237 shares of the company’s stock traded hands, compared to its average volume of 2,382,926. Yum China has a 52-week low of $31.35 and a 52-week high of $48.36. The stock has a market cap of $16.41 billion, a P/E ratio of 28.52, a PEG ratio of 2.74 and a beta of 1.11. The company has a current ratio of 1.37, a quick ratio of 1.18 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is $43.73 and its 200 day moving average is $43.83.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a yield of 1.10%. Yum China’s dividend payout ratio is currently 31.37%.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.

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