Yum China (NYSE:YUMC) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Yum China (NYSE:YUMC) released its earnings results on Monday. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.06, Briefing.com reports. Yum China had a return on equity of 11.65% and a net margin of 7.49%. The company had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis.

Yum China Stock Performance

Shares of YUMC stock opened at $36.51 on Wednesday. The company’s 50-day simple moving average is $39.91 and its 200-day simple moving average is $41.50. Yum China has a one year low of $33.55 and a one year high of $64.50. The stock has a market capitalization of $14.31 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.50 and a beta of 0.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.24 and a current ratio of 1.42.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th will be given a dividend of $0.16 per share. The ex-dividend date is Friday, May 24th. This represents a $0.64 annualized dividend and a dividend yield of 1.75%. Yum China’s payout ratio is 32.16%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. HSBC dropped their target price on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $38.00 price target (down previously from $65.00) on shares of Yum China in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.65.

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.