Yum China (NYSE:YUMC) Stock Rating Upgraded by StockNews.com

Yum China (NYSE:YUMC) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

A number of other brokerages have also recently issued reports on YUMC. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Finally, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $51.68.

Yum China Stock Performance

Shares of NYSE YUMC opened at $47.21 on Friday. Yum China has a one year low of $28.50 and a one year high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.09. The firm has a market cap of $17.93 billion, a price-to-earnings ratio of 20.89, a P/E/G ratio of 1.69 and a beta of 0.36. The stock’s fifty day moving average price is $43.61 and its two-hundred day moving average price is $37.14.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $0.59 earnings per share. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities analysts forecast that Yum China will post 2.31 EPS for the current year.

Hedge Funds Weigh In On Yum China

Institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares in the last quarter. LRI Investments LLC bought a new position in Yum China in the 1st quarter worth about $36,000. McClarren Financial Advisors Inc. raised its holdings in shares of Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after acquiring an additional 834 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in shares of Yum China during the 1st quarter valued at about $39,000. Finally, Eagle Bay Advisors LLC grew its holdings in shares of Yum China by 53.7% during the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares in the last quarter. Hedge funds and other institutional investors own 85.58% 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.