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

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

Yum China Stock Performance

YUMC stock traded up $0.51 during midday trading on Wednesday, hitting $33.88. The stock had a trading volume of 5,848,571 shares, compared to its average volume of 3,155,532. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.25 and a beta of 0.33. The stock has a 50-day simple moving average of $32.08 and a 200 day simple moving average of $36.51. Yum China has a 52 week low of $28.50 and a 52 week high of $58.21. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 0.28.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be given a $0.16 dividend. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 annualized dividend and a yield of 1.89%. Yum China’s dividend payout ratio (DPR) is currently 32.16%.

Analyst Upgrades and Downgrades

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

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.