Yum China (NYSE:YUMC) Earns “Hold (C)” Rating from Weiss Ratings

Yum China (NYSE:YUMC)‘s stock had its “hold (c)” rating reaffirmed by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Yum China Stock Performance

YUMC opened at $42.45 on Wednesday. The firm has a market capitalization of $15.45 billion, a PE ratio of 17.54, a PEG ratio of 1.59 and a beta of 0.18. Yum China has a twelve month low of $41.00 and a twelve month high of $53.99. The firm’s 50-day moving average price is $44.27 and its 200 day moving average price is $45.16. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. Yum China’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.55 earnings per share. As a group, sell-side analysts expect that Yum China will post 2.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Yum China

Several institutional investors and hedge funds have recently bought and sold shares of YUMC. Hughes Financial Services LLC acquired a new position in Yum China in the 1st quarter valued at about $29,000. Bell Investment Advisors Inc boosted its holdings in Yum China by 95.6% in the 2nd quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock valued at $30,000 after purchasing an additional 325 shares during the last quarter. SouthState Corp boosted its holdings in Yum China by 4,915.4% in the 1st quarter. SouthState Corp now owns 652 shares of the company’s stock valued at $34,000 after purchasing an additional 639 shares during the last quarter. Marshall & Sullivan Inc. WA acquired a new position in Yum China in the 2nd quarter valued at about $36,000. Finally, CX Institutional acquired a new position in Yum China in the 1st quarter valued at about $37,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

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.