Yum China (YUMC) to Release Earnings on Wednesday

Yum China (NYSE:YUMC) will post its quarterly earnings results after the market closes on Wednesday, February 7th. Analysts expect Yum China to post earnings of $0.18 per share for the quarter.

Shares of Yum China (YUMC) opened at $46.79 on Wednesday. The company has a current ratio of 1.69, a quick ratio of 1.42 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $25.53 and a 12-month high of $48.75. The company has a market capitalization of $17,980.00 and a price-to-earnings ratio of 30.99.

Several equities research analysts recently commented on the company. Macquarie assumed coverage on Yum China in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price objective on the stock. Zacks Investment Research cut Yum China from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price objective on shares of Yum China in a research report on Monday, October 9th. Instinet reaffirmed a “buy” rating and set a $51.60 price objective (up from $51.50) on shares of Yum China in a research report on Monday, October 9th. Finally, Nomura assumed coverage on Yum China in a research report on Monday, October 9th. They set a “buy” rating and a $51.60 price objective on the stock. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. Yum China presently has an average rating of “Buy” and a consensus target price of $44.28.

ILLEGAL ACTIVITY WARNING: “Yum China (YUMC) to Release Earnings on Wednesday” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/31/yum-china-yumc-to-release-earnings-on-wednesday.html.

Yum China Company Profile

Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.

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.

Leave a Reply