Yum China Holdings Inc (YUMC) Given Average Recommendation of “Hold” by Brokerages
Yum China Holdings Inc (NYSE:YUMC) has received an average rating of “Hold” from the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $43.38.
Several analysts have recently commented on YUMC shares. Citigroup started coverage on Yum China in a report on Monday, September 18th. They set a “buy” rating and a $51.00 target price on the stock. Zacks Investment Research cut Yum China from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Deutsche Bank upgraded Yum China from a “hold” rating to a “buy” rating and set a $45.30 target price on the stock in a report on Friday, October 6th. Oppenheimer restated a “buy” rating and set a $43.00 target price on shares of Yum China in a report on Friday, September 29th. Finally, Nomura began coverage on Yum China in a research note on Monday, October 9th. They set a “buy” rating and a $51.60 price target on the stock.
In other Yum China news, insider Danny Tan sold 2,124 shares of the stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $41.84, for a total value of $88,868.16. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Angela Ai sold 17,678 shares of the stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $43.05, for a total value of $761,037.90. The disclosure for this sale can be found here. Corporate insiders own 0.23% of the company’s stock.
Shares of Yum China (NYSE:YUMC) opened at $40.81 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.42 and a current ratio of 1.69. The company has a market capitalization of $15,682.26 and a price-to-earnings ratio of 29.15. Yum China has a 1-year low of $25.53 and a 1-year high of $43.55.
Yum China (NYSE:YUMC) last announced its earnings results on Thursday, October 5th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.04). The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.98 billion. Yum China had a return on equity of 21.35% and a net margin of 8.43%. Yum China’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 EPS. research analysts expect that Yum China will post 1.44 EPS for the current fiscal year.
The company also recently declared a special dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 29th. Yum China’s dividend payout ratio (DPR) is presently 6.80%.
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About Yum China
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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