FY2024 EPS Estimates for Yum China Increased by Analyst

Yum China Holdings, Inc. (NYSE:YUMC - Free Report) - Equities research analysts at Zacks Research lifted their FY2024 earnings per share estimates for shares of Yum China in a note issued to investors on Monday, November 18th. Zacks Research analyst H. Ray now expects that the company will post earnings of $2.33 per share for the year, up from their previous estimate of $2.21. The consensus estimate for Yum China's current full-year earnings is $2.31 per share. Zacks Research also issued estimates for Yum China's Q1 2025 earnings at $0.83 EPS.

A number of other research firms have also issued reports on YUMC. Macquarie upgraded shares of Yum China from an "underperform" rating to an "outperform" rating and lifted their price objective for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Citigroup raised Yum China to a "strong-buy" rating in a report on Monday, September 30th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Yum China currently has an average rating of "Buy" and an average target price of $51.68.

Yum China Stock Performance

Shares of YUMC stock traded down $0.29 during trading hours on Wednesday, reaching $47.13. 288,639 shares of the company's stock were exchanged, compared to its average volume of 3,213,134. The company has a market cap of $17.90 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 1.71 and a beta of 0.36. Yum China has a 1 year low of $28.50 and a 1 year high of $52.00. The company's 50 day moving average is $44.15 and its two-hundred day moving average is $37.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter in the previous year, the business earned $0.59 earnings per share. The firm's revenue was up 5.4% compared to the same quarter last year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. Yum China's dividend payout ratio is 28.32%.

Institutional Investors Weigh In On Yum China

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after acquiring an additional 258 shares during the period. Industrial Alliance Investment Management Inc. boosted its stake in Yum China by 4.4% during the first quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company's stock worth $271,000 after buying an additional 286 shares during the period. Blair William & Co. IL boosted its holdings in shares of Yum China by 1.2% in the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company's stock valued at $791,000 after buying an additional 302 shares in the last quarter. D.A. Davidson & CO. raised its holdings in Yum China by 1.3% during the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company's stock worth $1,067,000 after purchasing an additional 304 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in Yum China by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company's stock worth $570,000 after purchasing an additional 323 shares in the last quarter. Institutional investors own 85.58% of the company's stock.

Yum China Company Profile

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.