Yum China (NYSE:YUMC) Issues Quarterly Earnings Results

Yum China (NYSE:YUMC) issued its quarterly earnings results on Thursday. The company reported $0.30 EPS 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 Trading Up 8.5 %

Yum China stock traded up $3.88 during trading hours on Thursday, reaching $49.40. 1,379,958 shares of the company’s stock were exchanged, compared to its average volume of 2,119,329. The firm has a market capitalization of $18.76 billion, a PE ratio of 21.89, a PEG ratio of 1.40 and a beta of 0.33. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm’s 50 day simple moving average is $46.75 and its 200 day simple moving average is $42.17. Yum China has a twelve month low of $28.50 and a twelve month high of $52.00.

Insider Activity at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on YUMC. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a report on Saturday, February 1st. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Yum China has an average rating of “Buy” and a consensus target price of $49.57.

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.