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

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

Yum China Stock Performance

Shares of YUMC stock opened at $33.37 on Wednesday. The stock has a market cap of $13.00 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.25 and a beta of 0.33. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The company has a fifty day moving average price of $32.10 and a two-hundred day moving average price of $36.53. Yum China has a one year low of $28.50 and a one year high of $58.21.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Tuesday, August 27th. Yum China’s dividend payout ratio is currently 32.16%.

Wall Street Analysts Forecast Growth

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