Yum China (NYSE:YUMC) Earns Hold (C) Rating from Weiss Ratings

Key Points

• Yum China received a "hold (c)" rating from Weiss Ratings in a report to investors, indicating a neutral outlook on the stock's performance.
• The company's stock traded down to $44.92 on Friday, with an average trading volume significantly lower than its usual rate.
• Yum China posted a quarterly revenue of $2.79 billion, showing a year-over-year increase of 4.0%, and surpassed the analysts' EPS estimates by $0.01.

Yum China (NYSE:YUMC - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities researchers at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

Yum China Price Performance

Shares of Yum China stock traded down $0.60 on Friday, hitting $44.92. 289,867 shares of the company were exchanged, compared to its average volume of 2,366,361. The stock has a market capitalization of $16.34 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 1.67 and a beta of 0.18. The company has a 50-day moving average price of $44.05 and a 200 day moving average price of $44.65. Yum China has a 1-year low of $41.00 and a 1-year high of $53.99. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The firm had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the prior year, the firm posted $0.55 earnings per share. The firm's quarterly revenue was up 4.0% on a year-over-year basis. As a group, sell-side analysts predict that Yum China will post 2.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Hughes Financial Services LLC acquired a new position in Yum China in the first quarter valued at approximately $29,000. Bell Investment Advisors Inc raised its position in Yum China by 95.6% in the second quarter. Bell Investment Advisors Inc now owns 665 shares of the company's stock valued at $30,000 after purchasing an additional 325 shares during the period. SouthState Corp raised its position in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company's stock valued at $34,000 after purchasing an additional 639 shares during the period. Marshall & Sullivan Inc. WA purchased a new stake in Yum China in the second quarter valued at approximately $36,000. Finally, Goodman Advisory Group LLC purchased a new stake in Yum China in the first quarter valued at approximately $41,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

About Yum China

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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