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

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

Yum China Stock Up 1.5 %

Shares of YUMC stock traded up $0.51 during mid-day trading on Wednesday, hitting $33.88. The stock had a trading volume of 5,848,571 shares, compared to its average volume of 3,155,532. Yum China has a 12-month low of $28.50 and a 12-month high of $58.21. The firm has a market capitalization of $13.20 billion, a P/E ratio of 17.03, a price-to-earnings-growth ratio of 1.25 and a beta of 0.33. The firm’s 50-day moving average is $32.08 and its two-hundred day moving average is $36.51. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Tuesday, August 27th. Yum China’s payout ratio is currently 32.16%.

Analysts Set New Price Targets

Separately, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the stock from $30.00 to $37.40 in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.20.

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.