Yum China (NYSE:YUMC) Posts Earnings Results, Beats Estimates By $0.06 EPS

Yum China (NYSE:YUMC) announced its earnings results on Monday. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.06, Briefing.com reports. The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 11.63% and a net margin of 7.53%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share.

Yum China Stock Up 1.0 %

Shares of YUMC opened at $40.04 on Tuesday. Yum China has a 52 week low of $33.55 and a 52 week high of $64.50. The stock has a market capitalization of $15.70 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 1.48 and a beta of 0.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.24 and a current ratio of 1.42. The stock has a fifty day moving average of $40.00 and a 200-day moving average of $41.62.

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 5th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Monday, March 4th. This is an increase from Yum China’s previous quarterly dividend of $0.13. Yum China’s dividend payout ratio (DPR) is currently 32.65%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $38.00 target price (down previously from $65.00) on shares of Yum China in a research note on Thursday, January 4th. HSBC lowered their target price on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research note 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.65.

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.