Yum China (NYSE:YUMC) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Yum China (NYSE:YUMC) posted its quarterly earnings results on Thursday. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01), Zacks reports. Yum China had a net margin of 7.97% and a return on equity of 13.39%.

Yum China Stock Up 8.7 %

NYSE:YUMC traded up $3.94 during trading hours on Thursday, hitting $49.46. The stock had a trading volume of 1,975,001 shares, compared to its average volume of 2,142,251. The company has a market cap of $18.78 billion, a PE ratio of 21.86, a price-to-earnings-growth ratio of 1.40 and a beta of 0.33. The business has a 50 day simple moving average of $46.75 and a two-hundred day simple moving average of $42.17. Yum China has a 1-year low of $28.50 and a 1-year 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.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, February 1st. Four research 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.com, the company has an average rating of “Buy” and a consensus price target of $49.57.

Insider Transactions at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.30% 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.