Yum China (YUMC) Set to Announce Quarterly Earnings on Monday

Yum China (NYSE:YUMC) will be announcing its earnings results before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $0.68 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Yum China (NYSE:YUMC) last issued its earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the firm earned $0.47 earnings per share. Yum China’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts expect Yum China to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Yum China Trading Up 2.2 %

Shares of Yum China stock opened at $45.08 on Friday. The stock has a fifty day simple moving average of $40.39 and a 200 day simple moving average of $36.36. Yum China has a 12-month low of $28.50 and a 12-month high of $51.68. The company has a market capitalization of $17.33 billion, a P/E ratio of 21.78, a price-to-earnings-growth ratio of 1.66 and a beta of 0.35. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were issued a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 annualized dividend and a yield of 1.42%. Yum China’s dividend payout ratio (DPR) is currently 30.92%.

Insider Activity

In related news, CEO Joey Wat purchased 3,800 shares of the firm’s stock in a transaction on Wednesday, August 14th. The shares were acquired at an average cost of $33.98 per share, with a total value of $129,124.00. Following the purchase, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In other Yum China news, CEO Joey Wat bought 3,800 shares of Yum China stock in a transaction dated Wednesday, August 14th. The shares were purchased at an average cost of $33.98 per share, with a total value of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction dated Tuesday, August 13th. The shares were acquired at an average cost of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the purchase, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. In the last three months, insiders have bought 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Macquarie upgraded 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, August 6th. Citigroup upgraded Yum China to a “strong-buy” rating in a research note on Monday, September 30th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Yum China presently has a consensus rating of “Buy” and a consensus target price of $46.18.

Yum China Company Profile

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.