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

Key Points

• Yum China reported a quarterly earnings per share (EPS) of $0.58, exceeding analyst expectations by $0.01, with a year-over-year revenue increase of 4.0%.
• The company announced a quarterly dividend of $0.24 per share, representing an annualized dividend of $0.96 and a yield of 2.2%.
• Yum China's stock holds a market cap of $16.57 billion and institutional investors own 85.58% of its equity, showcasing strong investor confidence.

Yum China (NYSE:YUMC - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01, Zacks reports. Yum China had a return on equity of 14.08% and a net margin of 8.09%. The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share.

Yum China Price Performance

YUMC traded down $1.84 during trading on Tuesday, hitting $44.64. 723,101 shares of the stock traded hands, compared to its average volume of 2,596,698. Yum China has a twelve month low of $32.00 and a twelve month high of $53.99. The company has a market cap of $16.57 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 1.76 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. The business has a 50 day moving average price of $45.48 and a 200 day moving average price of $46.53.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.2%. Yum China's dividend payout ratio is currently 40.17%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yum China stock. Strs Ohio acquired a new stake in shares of Yum China (NYSE:YUMC - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,905 shares of the company's stock, valued at approximately $99,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Analysts Set New Price Targets

Separately, Daiwa America upgraded Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Yum China currently has an average rating of "Buy" and an average target price of $48.70.

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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