Yum China Holdings Inc (YUMC) Forecasted to Earn FY2018 Earnings of $1.51 Per Share

Yum China Holdings Inc (NYSE:YUMC) – Investment analysts at Oppenheimer dropped their FY2018 earnings estimates for shares of Yum China in a report released on Thursday. Oppenheimer analyst B. Bittner now expects that the company will earn $1.51 per share for the year, down from their prior forecast of $1.60. Oppenheimer also issued estimates for Yum China’s Q4 2018 earnings at $0.19 EPS.

Several other research firms have also issued reports on YUMC. Zacks Investment Research lowered shares of Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Macquarie began coverage on shares of Yum China in a research report on Wednesday, January 3rd. They issued an “outperform” rating and a $55.00 price target on the stock. Two research 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. The stock presently has an average rating of “Buy” and an average price target of $44.28.

Shares of Yum China (YUMC) opened at $40.29 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.69 and a debt-to-equity ratio of 0.01. The stock has a market cap of $15,480.00 and a price-to-earnings ratio of 39.89. Yum China has a 12-month low of $25.53 and a 12-month high of $48.75.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.15 billion. Yum China had a net margin of 5.64% and a return on equity of 21.06%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same period last year, the business posted $0.17 EPS.

Large investors have recently added to or reduced their stakes in the company. Goelzer Investment Management Inc. bought a new position in shares of Yum China during the 3rd quarter worth about $201,000. Dimensional Fund Advisors LP bought a new position in shares of Yum China during the 2nd quarter worth about $267,000. AHL Partners LLP bought a new position in shares of Yum China during the 2nd quarter worth about $335,000. Auxier Asset Management lifted its holdings in shares of Yum China by 1.5% during the 2nd quarter. Auxier Asset Management now owns 13,437 shares of the company’s stock worth $530,000 after acquiring an additional 200 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Yum China during the 2nd quarter worth about $569,000. 79.94% of the stock is owned by institutional investors.

The firm also recently disclosed a Not Available dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.10 per share. This represents a dividend yield of 0.00248200546041201%. The ex-dividend date of this dividend is Tuesday, February 27th. Yum China’s payout ratio is 9.90%.

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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.

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