Zacks Research Increases Earnings Estimates for Yum China

Yum China Holdings, Inc. (NYSE:YUMC) – Investment analysts at Zacks Research raised their FY2024 earnings estimates for Yum China in a research report issued to clients and investors on Monday, November 18th. Zacks Research analyst H. Ray now expects that the company will earn $2.33 per share for the year, up from their prior estimate of $2.21. The consensus estimate for Yum China’s current full-year earnings is $2.31 per share. Zacks Research also issued estimates for Yum China’s Q1 2025 earnings at $0.83 EPS.

Other equities research analysts have also issued reports about the company. Macquarie raised 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 research report on Tuesday, August 6th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price target for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $51.68.

Yum China Price Performance

Shares of Yum China stock opened at $47.35 on Wednesday. Yum China has a 52 week low of $28.50 and a 52 week high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market cap of $17.98 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 1.71 and a beta of 0.36. The company’s 50-day moving average price is $44.15 and its two-hundred day moving average price is $37.29.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm’s quarterly revenue was up 5.4% on a year-over-year basis.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC raised its position in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after acquiring an additional 380 shares during the last quarter. LRI Investments LLC bought a new position in Yum China during the first quarter worth about $36,000. Farther Finance Advisors LLC grew its position in shares of Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the period. Pathway Financial Advisers LLC bought a new stake in shares of Yum China in the 1st quarter valued at about $39,000. Finally, McClarren Financial Advisors Inc. boosted its stake in Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after acquiring an additional 834 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

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.