Yum China (YUMC) Receives $46.86 Consensus Target Price from Brokerages

Shares of Yum China (NYSE:YUMC) have received a consensus recommendation of “Buy” from the twelve ratings firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $46.86.

Several analysts have commented on YUMC shares. Zacks Investment Research cut shares of Yum China from a “hold” rating to a “sell” rating in a research note on Saturday, April 14th. Morgan Stanley decreased their price target on shares of Yum China from $49.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 20th.

In other news, insider Riu Sun sold 10,054 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $40.15, for a total transaction of $403,668.10. Following the sale, the insider now directly owns 17,622 shares in the company, valued at approximately $707,523.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Danny Tan sold 3,610 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $44.50, for a total transaction of $160,645.00. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Truewealth LLC purchased a new stake in shares of Yum China during the 4th quarter valued at about $129,000. Signaturefd LLC purchased a new stake in Yum China in the 1st quarter worth about $163,000. Optimum Investment Advisors purchased a new stake in Yum China in the 1st quarter worth about $181,000. Burney Co. purchased a new stake in Yum China in the 4th quarter worth about $202,000. Finally, Hyman Charles D purchased a new stake in Yum China in the 1st quarter worth about $206,000. Hedge funds and other institutional investors own 80.12% of the company’s stock.

YUMC stock traded down $0.55 during mid-day trading on Thursday, hitting $37.43. The company had a trading volume of 1,902,800 shares, compared to its average volume of 2,632,118. The stock has a market cap of $14.54 billion, a P/E ratio of 26.36, a PEG ratio of 1.96 and a beta of 1.36. Yum China has a 12-month low of $33.56 and a 12-month high of $48.75. The company has a quick ratio of 1.48, a current ratio of 1.74 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Tuesday, May 1st. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.48 by $0.05. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Yum China had a net margin of 6.39% and a return on equity of 20.59%. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 EPS. analysts anticipate that Yum China will post 1.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 20th. Stockholders of record on Wednesday, May 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Tuesday, May 29th. Yum China’s dividend payout ratio is 14.08%.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.

Analyst Recommendations for Yum China (NYSE:YUMC)

Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply