Yum China (NYSE:YUMC - Get Free Report) announced its earnings results on Monday. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.06, Briefing.com reports. The business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a net margin of 7.53% and a return on equity of 11.63%. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $0.69 earnings per share.
Yum China Price Performance
YUMC traded down $3.53 during midday trading on Tuesday, reaching $36.51. 6,114,842 shares of the company's stock were exchanged, compared to its average volume of 3,484,748. The business's 50-day moving average price is $39.91 and its 200 day moving average price is $41.50. The stock has a market capitalization of $14.31 billion, a PE ratio of 18.63, a P/E/G ratio of 1.48 and a beta of 0.45. Yum China has a 1-year low of $33.55 and a 1-year high of $64.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.42 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, June 18th. Investors of record on Tuesday, May 28th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $0.64 dividend on an annualized basis and a yield of 1.75%. Yum China's payout ratio is 32.65%.
Analyst Ratings Changes
A number of analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $38.00 price objective (down from $65.00) on shares of Yum China in a research report on Thursday, January 4th. HSBC decreased their price target on Yum China from $66.80 to $51.30 and set a "buy" rating for the company in a report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Yum China has an average rating of "Moderate Buy" and an average price target of $54.65.
Read Our Latest Analysis on Yum China
Yum China Company Profile
(
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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.
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