Yum China (NYSE:YUMC) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Yum China (NYSE:YUMC) announced its earnings results on Thursday. The company reported $0.30 earnings per share (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 Stock Performance

Shares of NYSE YUMC traded up $3.88 during midday trading on Thursday, hitting $49.40. The company’s stock had a trading volume of 1,379,958 shares, compared to its average volume of 2,119,329. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China has a 1-year low of $28.50 and a 1-year high of $52.00. The firm’s fifty day moving average price is $46.75 and its 200-day moving average price is $42.17. The firm has a market cap of $18.76 billion, a P/E ratio of 21.89, a P/E/G ratio of 1.40 and a beta of 0.33.

Wall Street Analysts Forecast Growth

YUMC has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, February 1st. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and lifted their price target 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 issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $49.57.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.30% of the stock is owned by company insiders.

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.