Yum China (YUMC) Scheduled to Post Quarterly Earnings on Monday

Yum China (NYSE:YUMC) is set to issue its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $0.52 per share for the quarter.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.05. Yum China had a net margin of 8.41% and a return on equity of 19.62%. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.94 billion. On average, analysts expect Yum China to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NYSE YUMC opened at $45.24 on Monday. Yum China has a 1 year low of $30.10 and a 1 year high of $46.19. The firm has a market cap of $17.14 billion, a P/E ratio of 29.57, a PEG ratio of 3.15 and a beta of 0.80. The company has a current ratio of 1.56, a quick ratio of 1.31 and a debt-to-equity ratio of 0.01.

In other news, insider Danny Tan sold 7,502 shares of the business’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $41.00, for a total transaction of $307,582.00. Following the completion of the sale, the insider now owns 30,538 shares in the company, valued at approximately $1,252,058. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ted Lee sold 2,246 shares of the business’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $40.98, for a total value of $92,041.08. Following the sale, the insider now owns 1,863 shares of the company’s stock, valued at approximately $76,345.74. The disclosure for this sale can be found here. Insiders have sold a total of 59,732 shares of company stock valued at $2,541,095 in the last quarter. Company insiders own 0.44% of the company’s stock.

YUMC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Yum China from a “hold” rating to a “sell” rating in a research note on Saturday, January 12th. TheStreet raised shares of Yum China from a “c+” rating to a “b” rating in a research note on Thursday, January 24th. JPMorgan Chase & Co. upped their price objective on shares of Yum China from $36.50 to $48.00 and gave the company an “overweight” rating in a research note on Monday, March 18th. OTR Global raised shares of Yum China to a “positive” rating in a research note on Thursday, April 11th. Finally, Goldman Sachs Group raised shares of Yum China from a “neutral” rating to a “buy” rating and upped their price objective for the company from $43.00 to $54.00 in a research note on Wednesday, April 17th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $43.80.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by Baseball Daily News and is owned by of Baseball Daily News. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international trademark & copyright laws. The correct version of this news story can be accessed at https://www.baseballdailydigest.com/news/2019/04/22/yum-china-yumc-scheduled-to-post-quarterly-earnings-on-monday.html.

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.

Further Reading: Trading based on a resistance level

Earnings History 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.