Zacks: Brokerages Expect Yum China Holdings, Inc. (NYSE:YUMC) to Post -$0.01 Earnings Per Share

Equities research analysts predict that Yum China Holdings, Inc. (NYSE:YUMCGet Rating) will report earnings per share of ($0.01) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Yum China’s earnings, with the highest EPS estimate coming in at $0.01 and the lowest estimate coming in at ($0.02). Yum China posted earnings per share of $0.42 in the same quarter last year, which suggests a negative year over year growth rate of 102.4%. The company is expected to announce its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Yum China will report full-year earnings of $0.77 per share for the current fiscal year, with EPS estimates ranging from ($0.30) to $1.62. For the next year, analysts expect that the company will report earnings of $1.81 per share, with EPS estimates ranging from $1.32 to $1.96. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Yum China.

Yum China (NYSE:YUMCGet Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). Yum China had a net margin of 8.63% and a return on equity of 5.38%. The company had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.60 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis.

YUMC has been the subject of several recent research reports. StockNews.com initiated coverage on shares of Yum China in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Zacks Investment Research downgraded shares of Yum China from a “hold” rating to a “strong sell” rating and set a $32.00 target price for the company. in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Yum China presently has a consensus rating of “Hold” and a consensus target price of $53.97.

Shares of YUMC opened at $40.76 on Friday. The company’s 50 day moving average price is $41.51 and its 200 day moving average price is $47.02. Yum China has a 52 week low of $33.55 and a 52 week high of $69.67. The company has a market capitalization of $17.27 billion, a PE ratio of 20.48, a PEG ratio of 6.63 and a beta of 0.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 2.05.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 21st. Stockholders of record on Tuesday, May 31st will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, May 27th. Yum China’s payout ratio is 24.12%.

Several institutional investors have recently modified their holdings of the company. National Asset Management Inc. lifted its stake in shares of Yum China by 3.3% in the third quarter. National Asset Management Inc. now owns 5,787 shares of the company’s stock worth $345,000 after buying an additional 184 shares during the last quarter. Xponance Inc. raised its stake in Yum China by 2.8% during the 4th quarter. Xponance Inc. now owns 7,700 shares of the company’s stock valued at $384,000 after purchasing an additional 208 shares during the last quarter. DNB Asset Management AS raised its stake in Yum China by 1.0% during the 4th quarter. DNB Asset Management AS now owns 21,598 shares of the company’s stock valued at $1,076,000 after purchasing an additional 216 shares during the last quarter. Enterprise Financial Services Corp raised its stake in Yum China by 0.9% during the 4th quarter. Enterprise Financial Services Corp now owns 25,220 shares of the company’s stock valued at $1,257,000 after purchasing an additional 221 shares during the last quarter. Finally, Shakespeare Wealth Management Inc. raised its stake in Yum China by 3.1% during the 4th quarter. Shakespeare Wealth Management Inc. now owns 7,353 shares of the company’s stock valued at $366,000 after purchasing an additional 222 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

Yum China Company Profile (Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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