Brokerages predict that Yum China Holdings, Inc. (NYSE:YUMC) will report earnings of $0.43 per share for the current quarter, Zacks reports. Two analysts have made estimates for Yum China’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.48. Yum China reported earnings per share of $0.16 during the same quarter last year, which suggests a positive year over year growth rate of 168.8%. The company is expected to issue its next earnings report after the market closes on Tuesday, April 27th.
On average, analysts expect that Yum China will report full-year earnings of $1.86 per share for the current financial year, with EPS estimates ranging from $1.60 to $2.02. For the next fiscal year, analysts forecast that the firm will report earnings of $2.24 per share, with EPS estimates ranging from $2.13 to $2.35. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Yum China.
Yum China (NYSE:YUMC) last issued its earnings results on Tuesday, February 2nd. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.09. Yum China had a return on equity of 16.35% and a net margin of 6.33%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the firm earned $0.25 earnings per share. Yum China’s revenue for the quarter was up 11.3% on a year-over-year basis.
A number of equities analysts have recently weighed in on the company. Jefferies Financial Group upped their target price on Yum China from $63.10 to $68.70 and gave the stock a “buy” rating in a research report on Tuesday, January 26th. Atlantic Securities assumed coverage on Yum China in a report on Tuesday. They set an “overweight” rating and a $72.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $62.14.
Shares of NYSE:YUMC traded up $0.62 during trading on Friday, reaching $60.38. 15,201 shares of the stock were exchanged, compared to its average volume of 2,036,104. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.34 and a quick ratio of 1.14. Yum China has a 1-year low of $43.15 and a 1-year high of $64.64. The stock has a fifty day moving average of $60.57 and a two-hundred day moving average of $57.62. The firm has a market cap of $25.38 billion, a price-to-earnings ratio of 45.62, a price-to-earnings-growth ratio of 4.78 and a beta of 0.87.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 25th. Shareholders of record on Wednesday, March 3rd were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, March 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.79%. Yum China’s dividend payout ratio (DPR) is presently 12.77%.
Large investors have recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich grew its stake in Yum China by 4.4% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 94,693 shares of the company’s stock valued at $5,406,000 after purchasing an additional 3,964 shares during the period. California State Teachers Retirement System grew its stake in Yum China by 13.5% in the 3rd quarter. California State Teachers Retirement System now owns 719,746 shares of the company’s stock valued at $38,111,000 after purchasing an additional 85,422 shares during the period. Lombard Odier Asset Management Switzerland SA grew its stake in Yum China by 246.9% in the 3rd quarter. Lombard Odier Asset Management Switzerland SA now owns 289,651 shares of the company’s stock valued at $15,337,000 after purchasing an additional 206,151 shares during the period. FIL Ltd grew its stake in Yum China by 6.3% in the 4th quarter. FIL Ltd now owns 3,034,850 shares of the company’s stock valued at $173,599,000 after purchasing an additional 178,572 shares during the period. Finally, Norges Bank bought a new position in Yum China in the 4th quarter valued at $270,868,000. Hedge funds and other institutional investors own 81.59% of the company’s stock.
About Yum China
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, COFFii & JOY, East Dawning, Taco Bell, and Lavazza brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, specialty coffee, simmer pot, and Italian coffee categories.
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