Yum China (NYSE:YUMC) Releases Earnings Results, Beats Estimates By $0.09 EPS

Yum China (NYSE:YUMC) announced its earnings results on Monday. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09, Briefing.com reports. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the company posted $0.59 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis.

Yum China Price Performance

NYSE:YUMC traded down $0.35 during mid-day trading on Tuesday, hitting $47.95. 1,084,444 shares of the company’s stock traded hands, compared to its average volume of 3,244,770. Yum China has a 1 year low of $28.50 and a 1 year high of $51.68. The company has a market cap of $18.43 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. The firm’s 50 day simple moving average is $40.92 and its 200 day simple moving average is $36.48.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Analyst Ratings Changes

YUMC has been the topic of a number of research reports. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Yum China presently has a consensus rating of “Buy” and a consensus target price of $46.18.

Insider Transactions at Yum China

In other news, CEO Joey Wat bought 3,800 shares of Yum China stock in a transaction on Wednesday, August 14th. The shares were bought at an average cost of $33.98 per share, for a total transaction of $129,124.00. Following the acquisition, the chief executive officer now owns 272,944 shares in the company, valued at approximately $9,274,637.12. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CTO Leila Zhang bought 4,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average cost of $33.36 per share, with a total value of $133,440.00. Following the transaction, the chief technology officer now owns 41,339 shares of the company’s stock, valued at $1,379,069.04. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Joey Wat acquired 3,800 shares of Yum China stock in a transaction dated Wednesday, August 14th. The stock was purchased at an average cost of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the purchase, the chief executive officer now directly owns 272,944 shares in the company, valued at approximately $9,274,637.12. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 18,400 shares of company stock valued at $619,671 in the last ninety days. Corporate insiders own 0.30% of the company’s stock.

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.