Yum China Holdings Inc (YUMC) Receives Average Recommendation of “Hold” from Analysts

Shares of Yum China Holdings Inc (NYSE:YUMC) have received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $38.67.

Several equities research analysts have weighed in on the company. Macquarie cut Yum China from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 2nd. Oppenheimer cut Yum China from an “outperform” rating to a “market perform” rating and set a $33.00 price objective on the stock. in a research note on Friday, August 17th. Zacks Investment Research cut Yum China from a “hold” rating to a “sell” rating in a research note on Thursday, October 25th. Bank of America cut Yum China from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $44.30 to $34.00 in a research note on Thursday, July 19th. Finally, UBS Group cut Yum China from an “outperform” rating to a “market perform” rating in a research note on Friday, August 17th.

Shares of NYSE YUMC opened at $36.08 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.51 and a debt-to-equity ratio of 0.01. Yum China has a 1-year low of $30.10 and a 1-year high of $48.75. The company has a market cap of $12.16 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 1.45 and a beta of 1.11.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Tuesday, October 30th. The company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.06. Yum China had a return on equity of 20.94% and a net margin of 6.45%. The company had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the previous year, the firm posted $0.52 earnings per share. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. As a group, analysts predict that Yum China will post 1.51 EPS for the current fiscal year.

In other Yum China news, insider Angela Ai sold 4,529 shares of the business’s stock in a transaction that occurred on Friday, September 7th. The stock was sold at an average price of $38.25, for a total transaction of $173,234.25. Following the completion of the transaction, the insider now owns 9,000 shares in the company, valued at $344,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.37% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in the business. Legacy Advisors LLC boosted its holdings in shares of Yum China by 660.8% in the second quarter. Legacy Advisors LLC now owns 3,043 shares of the company’s stock valued at $117,000 after purchasing an additional 2,643 shares during the period. Amussen Hunsaker Associates LLC purchased a new stake in Yum China during the second quarter worth $130,000. Capital Investment Advisors LLC purchased a new stake in Yum China during the second quarter worth $140,000. Cerebellum GP LLC purchased a new stake in Yum China during the third quarter worth $197,000. Finally, CenterStar Asset Management LLC purchased a new stake in Yum China during the third quarter worth $202,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

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.

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Analyst Recommendations for Yum China (NYSE:YUMC)

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