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

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Equities analysts forecast that Yum China Holdings Inc (NYSE:YUMC) will post earnings of $0.13 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Yum China’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.11. Yum China posted earnings of $0.12 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 8.3%. The company is scheduled to report its next earnings report on Thursday, January 30th.

On average, 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 fiscal year, analysts forecast that the business will post earnings of $1.86 per share, with EPS estimates ranging from $1.80 to $1.89. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Yum China.

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

Several analysts have recently issued reports on the company. ValuEngine cut Yum China from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Jefferies Financial Group began coverage on shares of Yum China in a report on Monday, October 28th. They issued a “buy” rating and a $54.60 target price for the company. Finally, 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. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. Yum China currently has a consensus rating of “Buy” and a consensus price target of $51.64.

In other Yum China news, insider Aiken Yuen sold 2,081 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $44.03, for a total transaction of $91,626.43. Following the sale, the insider now directly owns 2,690 shares of the company’s stock, valued at $118,440.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.44% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC grew its position in Yum China by 15.5% in the second quarter. Commonwealth Equity Services LLC now owns 119,406 shares of the company’s stock valued at $5,516,000 after acquiring an additional 16,026 shares in the last quarter. FDx Advisors Inc. grew its stake in Yum China by 55.0% in the 2nd quarter. FDx Advisors Inc. now owns 11,078 shares of the company’s stock valued at $512,000 after buying an additional 3,933 shares during the last quarter. AE Wealth Management LLC bought a new position in Yum China in the 2nd quarter worth $233,000. State of Alaska Department of Revenue raised its holdings in Yum China by 0.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 41,445 shares of the company’s stock worth $1,913,000 after acquiring an additional 291 shares during the period. Finally, World Asset Management Inc lifted its position in Yum China by 29.5% during the 2nd quarter. World Asset Management Inc now owns 11,149 shares of the company’s stock worth $515,000 after acquiring an additional 2,541 shares during the last quarter. Institutional investors own 81.55% of the company’s stock.

NYSE YUMC opened at $44.09 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.37 and a quick ratio of 1.18. Yum China has a 1-year low of $31.35 and a 1-year high of $48.36. The business has a 50 day simple moving average of $43.27 and a two-hundred day simple moving average of $43.62. The stock has a market capitalization of $16.61 billion, a PE ratio of 28.82, a P/E/G ratio of 2.86 and a beta of 1.11.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be given a $0.12 dividend. The ex-dividend date is Monday, November 25th. This represents a $0.48 annualized dividend and a yield of 1.09%. 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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